What's about :

It’s the service based on: costs evaluation about a development program (Cost Management) and the following monitoring about contract enforcement with a focus on related risks (Contract Risk Management).

How did the service

During the monitoring of contracts for projects of great importance, Creasys has gained significant experience in support to Work Management about the Program Affordability Management, the discipline that determines whether an organization can support a development plan and/or acquisition of a complex program, both during the prior estimates, either during the entire life cycle of the program. Moreover, Creasys has a long experience in Cost Management process, thanks to its tools and tested methodologies dedicated to processes of evaluating, estimating, budgeting, monitoring, analyzing, forecasting, and reporting cost information.The experience in Cost Management is the basis for the implementation of an integrated approach that ensures the achievement of objectives based on the principles defined in the EVM (Earned Value Management).After an international scouting, in 2009, Creasys has became the Italian resellers for PRICE Systems, world leader in cost engineering solutions.The service contract risk & cost management by Creasys arises then from the integration of consulting experience gained over the years with the help of a software solution, world leader in this field.

How did the service:

• assist in the evaluation and cost estimate of a program;
• identify risks' set, related to the evaluation, in relation with contract specifications associated;
• manage the review of the effectiveness of the existing risk management process;
• give assistance for the planning and to the implementation of a proper strategy for the risk management related to a program and a supply contract associated;
• help customers to improve their financial performances and the quality of provided services.

Target areas:

• Defence
• Space
• Aeronautic
• Information Systems

Benefits achieved through the service implementation

• Costs saving. Focus on: financial, procurement and tecnical level;
• Improvement of the processes of service delivery and implementation of products and complex systems;
• Improvement of the organization;
• Improvement of technology supporting processes;
• Improvement of the relationship with the customer;
• Risks decreasing on main programs.