Back to Insights

Monitoring and Evaluation and CP3

4 July 2023
Post Eleven_ Monitoring and Evaluating your projects in CP3

As a municipal official, you know that managing capital projects can be a complex and time-consuming process. With so many moving parts, it can be challenging to keep track of project progress, financial performance, and resource allocation.

CP3 is a cutting-edge tool that makes it easier to manage capital projects effectively. Using sophisticated reporting frameworks, it allows for a strategic overviews of financial and physical progress, you can quickly get a bird’s eye view of your projects’ status. CP3 allows you to monitor and track progress in real-time to ensure the achievement of project deliverables and outputs. You can identify patterns or issues in the capital budgeting process and make data-driven decisions to improve project outcomes.

One of the key advantages of CP3 is that it provides a detailed project plan outlining the approved budget allocated with quarterly and monthly planned cashflows with measurable targets. This feature ensures that you have all the information you need to make informed decisions about your projects. The SDBIP Project Scheduling and Cashflows also help you to monitor progress effectively and report financial progress through full integration with the municipality’s financial system.

CP3’s visual representations of planned vs actual progress of capital projects provide an intuitive way to track the status of your projects. With a simple glance, you can see how far along each project is, which ones are ahead of schedule, and which ones are behind. You can also understand spatially where each project is and how it is faring in terms of progress. This makes it easier to identify areas where you need to intervene and make changes to improve outcomes.

Another benefit of CP3 is its ability to help you manage demand effectively. With the demand management plan and capital works plan, you can prioritize projects and allocate resources based on their importance to the community. This ensures that you’re investing in the right projects at the right time and helps you to achieve your goals more efficiently.

In conclusion, CP3 is an essential tool for managing capital projects effectively. With its strategic overviews of financial and physical progress, detailed project plans, and visual representations of progress, you can monitor and track progress in real-time, identify patterns and issues, and make data-driven decisions to improve project outcomes. So why not join the many municipal officials already using CP3 and take your project monitoring and evaluation to the next level?

#CP3 #ProjectMonitoring #ProjectEvaluation #MunicipalProjects #EfficientManagement #RealTimeMonitoring #CapitalProjects #SDBIP #EfficientPlanning #VisualRepresentations #EffectiveManagement #JoinTheMovement

Read more

Share

© 2021 Novus3 Pty (Ltd).

Capital investment prioritisation

Novus3’s innovative and celebrated approach to prioritsation, stems from significant multi-disciplinary experience that was gained in-situ at local government level, firmly rooted in an understanding of the built environment. Through the use of the CP3 system, our clients have the ability to appraise large and complex capital demand requirements within minutes, resulting in defendable, evidence based budgets. The results are often challenged and stress tested by politicians during political debates – the process therefore repeatedly have been proven to be beyond reproach and consistently reliable.

IDP Process Plan and change management

Novus3 provides advisory services to our clients, supporting them in setting up the correct structures and mechanisms internally which becomes the basis for sustainable and collaborative planning and implementation. The IDP process plan has a number of inter-related complexities that plays out on a cyclic basis year-on-year. Pre-empting and reacting to upcoming requirements in the IDP process pro-actively, renders the process into a constructive and demonstratable outcomes-based process.

Public sector budget and fiscal impact simulation

The financial management of public sector funding at local government level, even on a small scale, often rivals the complexity encountered at huge, listed, multi-national companies in the private sector.. Local governments have to operate and make smart financial decisions within a complex and exceedingly stressful environment. Compliance with legislation, policy frameworks and accepted accounting practices have to be maintained. Simulating these complexities allows our financial executives to ask “What if?” questions and reliably peer into the future with a long-term understanding of the implications of decisions that are taken in the present.

Spatial Development Frameworks

Novus3’s specialised knowledge and access to bespoke and purpose-made spatial and other analytic tools, provided the company with the opportunity to develop unparalleled experience in the development of Capital Expenditure Frameworks (CEFs) by bringing a practical angle to the formulation of implementation plans. A realistic roadmap is provided on how to realise the objectives developed in the Spatial Development Frameworks of the municipalities where we were involved. In return for the development and submission of these CEFs, these municipalities were awarded with significant additional funding from central government.

Built Environment Performance Plans

As part of the National Treasury City Support Program, Novus3 was regarded as specialist advisors on the built environment value chain – a process embedded in Built Environment Performance Plans (BEPPs). BEPPs were intended to form the bedrock of municipal capital planning and management for larger cities (metros). Novus3’s specialist knowledge played a big role from an advisory and capacity building perspective during the development of a number of BEPPs that were developed for a number of metros.

Infrastructure Capital Investment Plans

Infrastructure investment has to find a balance between addressing historical backlogs and inequalities, maintaining satisfactory prevailing functionality and level of service and strategically investing in unlocking future opportunities and growth whilst acknowledging a plethora regulatory constraints, policies and rules. In the process, certain strategic outcomes are sought which may manifest spatially strategically or environmentally. Our infrastructure capital investment plans provide the strategic guideline and provide the recommendations to find this balance.

Capital Expenditure Frameworks

Novus3 has developed multiple capital expenditure frameworks (CEFs) for multiple municipal clients and are regarded as the sector leaders in this area. These CEFs are financial roadmaps providing clear direction on financial constraints, the most important capital and investment priorities, an understanding of the unique local fundamentals and a sustainable response to these multiplicity of challenges.

Project preparation processes

The efficient planning and execution of projects from the moment of idea conception until the last brick has been laid has been the subject of study from as early as the reign of the Roman Empire. The governance process within the public sector has to play an important role in the journey of project preparation. The under-expenditure of allocated funding regrettably is often the only element in the built-environment that consistently re-occurs. All too often, funding is allocated to projects that simply are not ready to proceed to the next step. Novus3’s CP3 system is used to aid clients in the progressive steps involved in the project preparation journey.