ICT ERP for Saudi telecom and IT companies: month seven of a data centre project

Chapters

1. 0:00Month seven: the CFO's question
2. 0:25The tender: bill of quantities, pricing catalogue and margin
3. 0:48The contract becomes the project budget
4. 1:06Control during execution: purchasing, labour cost and overruns
5. 2:01Percentage of completion, recognised revenue and profit per business unit
6. 2:38Telecom and IT companies' experience in Saudi Arabia and Egypt
7. 4:05Where to start

What the film covers

• Every bill-of-quantities line is costed and approved before the quotation is sent, using a pricing catalogue and a target margin.
• The signed contract becomes the project budget.
• During execution, purchasing and labour cost are posted to the project, and overruns show up early.
• Percentage of completion drives recognised revenue, with profit reported per business unit.
• One screen for the CFO: how much revenue has really been earned, and where cost started to exceed budget.