This program leverages the expertise of Cataligent, a leading provider of project management solutions, to deliver cost-effective solutions for businesses of all sizes. By employing a combination of innovative tools and techniques, our Cost Saving Program can help businesses streamline their operations, reduce expenses, and improve their bottom line.
This program includes the following tools and techniques to reduce costs, Budgetary control, standard costing, simplification and variety reduction, planning and control of finance, cost benefit analysis, value analysis, contribution analysis, job evaluation and merit rating.
Maturity Level Methodology
One dashboard to study and work on maturity methodology, initial, managed, defined, quantitively managed and optimized.
Maturity Level
Maturity Level: The maturity level is determined by meeting specific and general objectives that are relevant to each predefined set of process areas. The Cat4 process facilitates this by predefining the level of planning required for each project and ensuring that senior management and skilled employees are involved throughout the process to prevent any pitfalls. This approach not only helps to evaluate the effectiveness of the organization, but also eliminates any maturity gaps, ultimately leading to a mature process without any gaps.
Each measure goes through five degrees of severity from "1. Identified” to “5. proven effect". Each degree of hardness is provided with a checklist. Evidence of the effects of the measures in the real world and in the income statement. Consideration of price, quantity and currency effects. Final report for each measure.
Top-down targets / Bottom-up validation
Steps to do retrograde planning to resolve smaller and bigger problems by analyzing the data from front end.
Validations
There are two approaches that define different parts of a system in various modes of operation. The Cat4 process selects the most suitable approach by comprehending the business and current requirements of the client to resolve any potential conflicts. The top-down approach has advantages such as the client having a broader understanding, clearer communication, ease of identifying problems, and faster implementation. The bottom-up approach, on the other hand, has advantages such as making more informed decisions, better team morale, and greater scope for creativity.
Status Reporting
Automatic traffic lights for deadlines, costs, benefits, time recording & earned value analysis, CMS project-import & -export, reports in PowerPoint.
Reporting
Status reporting in project management involves creating periodic reports that compare the current progress of a project with the initial project plan. The purpose is to provide timely and efficient updates to all stakeholders at any project stage, including information on progress, cost, risks, task completion time, and remaining deliverables. This documentation also serves as a record of the project's history. The Cat4 tool streamlines the critical reporting process for status reporting, which includes plans, progress, and problems (PPP), making it easy to generate strategic reports quickly.
Risk Management
Assistance with risk audits, risk development, trend analysis, risk catalogues, automatic risk metric.
Risk
Cat4 tool helps you detect, analyze and monitor the threats to the organization’s capital and earnings instantly. It’s a go-to solution to solve any kind of risk which may arise from a variety of sources — financial uncertainty, legal liability, accidents or natural disasters, etc. It empowers the smooth functioning of the business by quickly identifying and dealing with potential risks. It provides a solid risk management structure that calculates uncertainties and their influence on the growth of the business. It covers and helps mitigate all types of risks — from economic risk, security and compliance risk, operational risk, and financial risk to competitive risk involved in the lifecycle of project management
Multi Project Management
Every project is an investment that simply means an opportunity to make profit that cannot be missed. It is initiated quickly, but quickly fizzles out in day-to-day business if not planned and executed and coordinated well.
Internal Organization
Internal controls are the specific functions developed to safeguard and protect various business operations and the information produced in each department. We have ACM (Access Control Management) to restrict users to a specific location within the flow of the system.
Transaction
Our tool helps in generating reports and analyzing businesses for mergers, acquisitions, and carve-out transactions for profitability. Transactional process is aimed solely on driving the members to achieve the project goal within project constraints (budget, timelines, etc.). Also, focuses on finding the optimum path to achieving business value during the project.
Time card Management
A time card, also called a timesheet, is a method for recording and tracking the amount of an employee's time spent on each job. A time card improves project execution, decision-making and compliance with labor and government regulations. This facilitates the time card users to report and track their assignments.