In today’s fast-paced project environments, efficiency and control are paramount. Frontrol’s PACE – a Project Execution and Controls application offers a comprehensive platform to manage projects from initiation to closeout. Let’s delve into the project lifecycle as facilitated by PACE, highlighting the key phases and features that drive successful project delivery.

1. Initiation: Laying the Groundwork for Success
This phase is where your project takes its first steps, and PACE provides the tools to manage it effectively.
- Manage Opportunity:
- PACE allows you to capture and track project opportunities, centralizing all relevant information.
- From initial inquiries to feasibility assessments, PACE helps you evaluate and develop opportunities.
- Develop Proposal:
- PACE facilitates the creation of detailed proposals, incorporating cost estimates, scope definitions, and resource planning.
- Version control features ensure that all stakeholders are working with the latest proposal documents.
- The application allows for the easy integration of supporting documentation.
- Win Project:
- PACE streamlines the approval process, providing a clear audit trail of all decisions.
- Contract management features help you manage the transition from proposal to project execution.
- Notifications and alerts keep all team members informed of project status.
2. Planning: Setting the Stage for Efficient Execution
With PACE, project planning becomes a collaborative and data-driven process.
- Define Scope, Schedule, Budget, Resources:
- PACE enables you to define project scope, create detailed schedules, and allocate resources effectively.
- Budgeting tools allow you to track costs and manage financial projections.
- Setup Contract:
- PACE simplifies contract management, providing a centralized repository for all contract documents.
- Contract milestones and deliverables can be tracked within the application.
- Automated notifications help to keep contract obligations on track.
- Submit for Approval:
- PACE facilitates the submission of project plans for approval, with automated workflows and notifications.
- Version control and audit trails ensure transparency and accountability.
3. Execution & Control: Driving Project Performance
This phase is where PACE’s real power comes into play, providing real-time visibility and control.
- Perform Work:
- PACE allows you to track project progress, manage tasks, and collaborate with team members.
- Collect Progress & Cost:
- PACE automates the collection of project progress and cost data, providing accurate and up-to-date information.
- Real-time dashboards and reports provide insights into project performance.
- The application allows for the input of progress from various sources.
- Manage Performance and Control Project:
- PACE provides powerful tools for managing project performance, identifying deviations from the plan, and implementing corrective actions.
- Variance analysis and earned value management features help you stay on track.
- Alerts and notifications immediately inform project managers of issues.
4. Closeout: Ensuring Project Success and Knowledge Capture
The final phase ensures that all project deliverables are completed and documented.
- Complete Scope:
- PACE facilitates the final inspection and acceptance of project deliverables.
- Checklists and sign-off procedures ensure that all tasks are completed.
- Reconcile Financials:
- PACE provides tools for reconciling project financials, verifying invoices, and completing final payments.
- Financial reports provide a clear overview of project costs and profitability.
- Close Project:
- PACE streamlines the project closeout process, providing a centralized repository for all project documentation.
- Lessons learned and best practices can be captured and shared for future projects.
- Final project reports can be generated and distributed.
Key Benefits of Using Frontrol's PACE:
↦ Improved project visibility and control.
↦ Enhanced collaboration and communication.
↦ Increased efficiency and productivity.
↦ Reduced project risk.
↦ Data-driven decision-making.
By leveraging Frontrol’s PACE, organizations can streamline their project lifecycles, improve project outcomes, and drive overall business success.