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Fixed Assets Investment Project Management Solution
Trends

With the rapid development of Chinese economy, more and more complex groups come out. Several projects of a certain group would be carried on at the same time. However, these projects may be involved in different fields as well as different invest amount. How to manage the projects at the same time, how to know the progress of the projects efficiently, how to know the investment situations, and how to find the problems during the projects, these are the important problems that can affect the comprehensive management level and the strategic development direction.

So, it is extremely necessary to absorb and bring advanced project management ideas and measures so as to achieve informationization management with the help of its technology. This will increase the management level and working efficiency of the project. Informationization management system could help enterprises to realize efficient, well organized and predictable project management. It will provide decision and data supporting for comprehensive management of the whole project management and operation.

Challenge
Project management is a complex and difficult challenge. It involves aspects like progress, quality, contracts, staff, risks, graphics, and documentations and so on. Departments and units like design, supervision, construction, equipment, material and operation will participate in. Due to so many fields involved in, there are too many communication and coordination work to do and lots of information should be managed. Sometimes, it is even harder that the project is surveying and designing while constructing. New measures as well as tools are badly needed at present.

Summary
This solution is based on life cycle theory. Dynamic management can be achieve through the measures of planning, following and controlling. These measures could help to manage the project from many aspects and details. Also, different department could communicate and coordinate effectively. They could analyze the data and display all the results promptly, which is an important pillar for further analysis and determination. This kind of management brings enterprise a totally new management model, and it is very helpful for the improvement of the management level.

Values
It establishes an inter-regional, centralized and comprehensive management platform for the enterprise, and meets all levels’ management requirements.
It Normalizes project management by solidified the workflow and pushes the integration of project management, so that the centralized management ability is finally improved.
It improves knowledge accumulation and inheritance ability. It can achieve the detailed and transparent management. The process management ability is finally improved.
It provides a sharing platform for different departments and personnel. It could improve the working efficiency and lower the cost.
It can provide basis for scientific decisions by hierarchical, multi angle, multi combination of project implementation of real-time analysis.
It can provide measures that are to classify all the suppliers and establish a database for all of them to manage all the suppliers well. All the suppliers can be evaluated by the data provided by the system.


Life cycle of project management
Kick-off-plan-executive-management-completion
System Investment management, Project management, Purchase management, contract management, project audit management, supplier management
Frame 
Informationized business model can be built based on the life cycle management. It includes investment plan management, project management, purchase management, contract management, project audit management, supplier management and so on.
Types of project include fixed asset purchase projects, technology reformation projects, overhaul and renovation projects, information projects, infrastructure projects, etc.

Key Points
Investment Plan Management
This is the starting point of a project management. System can support the planning, controlling and completing of investment.
Investment planning life cycle:

项目管理:Project Management进度计划:Schedule过程监控:Process Monitoring质量检测:Quality Testing安全检查:Safety Inspection项目变更:项目验收:Project Changing项目规划:Plans项目立项:Project Approval

Project Management 
The key point of project management is to keep the balance between cost, progress and quality. Detailed Life cycle project management can maximize the management efficiency.

Purchase Management
The system could help to establish a complete purchase process, which will achieve the comprehensiveness and compliance. All the purchase process can be managed in this module, which includes application of purchase, tender purchase, competitive negotiation, single source purchase and inquiry purchase.

Contact Management
The process of contract signing and executing can be managed well, such as contract approval process management, paper contract and summary management, payment and invoice management, modification and void management, breach of contract and claims management, progress and early warning management, sharing and searching of e-contract management.

Project Audit Management
Audit should be applied during the process of the project. It includes opening audit, contract audit, and closing audit.

Supplier Management
Choosing a qualified supplier is one of the most important duties of the early stage management. And supplier management is the key point of project implementation.

Cases
China tobacco Henan Industrial co., Ltd.