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Project Management REGENCO is a multi-project organization, simultaneously managing throughput times, resource allocations and costs of large projects. This complex process of balancing interests of multiple participants requires information technology systems that enable proper delegation of responsibilities and communication of project status. The company applies the planning and control cycles of your individual projects to balance the interests of project leaders and department heads in a team effort.

How the system works:

Project managers are assigned to your individual projects. This person, with support from our engineering staff, prepares and releases all necessary documents to the company’s Shop Operations or Field Services groups. This manager:

• Plans the use of technicians to provide inspection and repair tasks related to the project’s scope;
• Coordinates engineering to prepare a Component Evaluation, including all inspection data and recommendations for new parts and repairs;
• Reviews and submits this report to the customer;
• Calculates prices for repairs and parts;
• When necessary, submits Extra Work Authorization forms to the customer and;
• Responsible for order releases to the shop or field services, including engineering drawings, specifications, procedures and material requirements;

Issues a final report upon completion of the project

Outage Planning:

Outage planning typically consists of meeting with the customer to review information from the last outage, evaluate current operating challenges and identify available spare parts. Based on this assessment, REGENCO will suggest work scope items that should be considered in the bidding phase. We will develop and refine schedules, perform the needed engineering and set up personnel and equipment in preparation for mobilization to site.

Schedules are prepared on MS Project or Primavera. Our project management cost-controlling software is Microsoft Dynamic Navision. This software supports the structuring of project budgets and tracking costs for each line item.

Personnel and materials used in our shop are tracked using a bar code data collection system. Project managers utilize this software to accurately track and manage projects.