Project Development
Sherwood & Associate have a creative team available to develop new projects for businesses. The team use a process where we break assignments down into a number of components. We typically use the following steps;
- Generating Ideas
- initial brainstorm
- defining the mix, scale and scope of core projects
- Articulating the Development Concepts
- development plans
- Financial Analysis
- Outline of estimated project costs.This stage involves close collaboration with the client team.
- Business Case and Investment Analysis
- Financial projections
- Cost & Benifit
- Economic Appraisal
Project Management
Sherwood & Associate offer a professional project management service. Our project management team ensure that work streams are allocated to team members in line with their specialist knowledge, expertise and experience. We use a“BaseCamp” central database system to store central data, reports, work in progress and other relevant materials. This system provides a central reference point and the ability for members of the team to work together remotely. The system provides automatic alerts when new information is added and allows the team to communicate and comment on line. The project management of the work packages are tracked through BaseCamp using a database with target dates for tasks set with progress reported at intervals. Target dates are set be in line with the clients brief.
A core principle of our approach to project management is to offer clients open, honest and regular communication. Our project management team ensure scope management though overseeing;
- Key activity definition
- Activity sequencing
- Time estimation
- Scheduling
- Scheduling control
The PM team oversee cost management and monitor all resources planning to ensure that all key assignments stay within approved budgets and any potential risks and monitored and flagged. Quality control and quality management is undertaken by a designated team member who will not be the PM. Regular checks take place and any deviations are highlighted. The PM’s ensure that all communication takes place in line with the Project Inception Document. To ensure the highest standard of service all our Internal project management systems are continually being development and in line with ACCA professional guidance and the Project Management Institute’s guidance.