HOME/Insights.../A Projects Management Framework A Projects Management Framework George Tsolakis, Chief ERP Architect, DANAOS Projects 2 min read October 12, 2019 Updated May 22, 2025 Cost Control & Earned Value Every institutional master plan requires a project selection process based on a matrix model management between: Projects: Infrastructure, Telecom, Energy, Defence, Agricultural Levels: National, State, Regional Beneficiaries: Citizens, SMBs, Enterprises, Proposed groups Stakeholders: Public, Contractors, Financial Institutions, Consultants, Manufacturers, Academic Institutions Factors: Economic, Social, Environmental, Health, Education, Cultural/Religious Resources: Labour force, Raw Materials, Industries, Logistics Each Project is a part of a mosaic or a chain that requires aggregation, synthesis and optimization of all factors in order to achieve the highest return on public funding investments for end-users and beneficiaries. A result that is almost never achieved by management and public Institutions as internal conflicting processes, bureaucratic ideologies, legislative policies and poor communication or collaboration among stakeholders are huge obstacles to the decision-making process towards a moving-forward scope of works. The volatility of the financial markets and the lack of local business competitiveness against a globalized and … mostly unfair environment, create a very unstable and dangerous cocktail that can increase the likelihood of projects fail! If You Can’t Measure It, You Can’t Improve It. Management thinker Peter Drucker is often quoted as saying that “you can’t manage what you can’t measure.” I was always believing that the answer to this challenge should come from a Project Management centralized system where all processes among the stakeholders will be digitalized and central e-libraries/repositories (specifications, tenders, certifications, materials, labor etc.) will facilitate data homogeneity and will ease uploading of data to the Gov Cloud. A Gov Portal where all stakeholders (similarly to modern taxation systems) will be registered and have access via a username and password. They will then use the electronic services (e-services) of the system as a prerequisite to participate in all projects whilst will leverage on collateral benefits that the system will provide such as: electronic drawings (BIM), contract management, quality and HSE management etc. A steering committee of each Institutional Agency will exploit this data via a contextual business intelligence system that will assist in the decision-making process and will enhance transparency and effectiveness. The government will save money and will assist the local industries, labor and academic institutions to strategize by realizing a true scope of works. At the end Beneficiaries will be true Beneficiaries. Industries:Construction & Infrastructure Topics:Cost Control & Earned Value Tags:Earned value & progress tracking Share: About the author George Tsolakis Chief ERP Architect, DANAOS Projects George (Georgios) Tsolakis is Chief ERP Architect at DANAOS Projects and a subject-matter expert in construction ERP architecture, engineering economics, cost accounting and construction cost control. With more than 30 years of experience building construction-specific enterprise technology, he conceived ProjectVIEW ERP and remains its principal architect and lead developer, directing business analysis, product architecture, advisory, implementation and support for project-based… See all articles Email LinkedIn More insights on Cost Control & Earned Value See all articles → Cost Control & Earned ValueConstruction & Infrastructure 50% Complete According to Whom? Actual Construction Progress, Cost Control and Earned Value Christos Emmanouilidis September 30, 2026 · 21 min read Read more → Cost Control & Earned ValueConstruction & Infrastructure The BoQ-WBS Disconnect: Architecting ERP Cost Codes to Eliminate Megaproject Cost Overruns Christos Emmanouilidis September 24, 2026 · 19 min read Read more → Cost Control & Earned ValueConstruction & Infrastructure+1 Construction Cost Recipes: How Labor, Materials, Machinery and Time Form a Unit Rate Christos Emmanouilidis September 16, 2026 · 7 min read Read more → Previous Article Next Article
Cost Control & Earned ValueConstruction & Infrastructure 50% Complete According to Whom? Actual Construction Progress, Cost Control and Earned Value Christos Emmanouilidis September 30, 2026 · 21 min read Read more →
Cost Control & Earned ValueConstruction & Infrastructure The BoQ-WBS Disconnect: Architecting ERP Cost Codes to Eliminate Megaproject Cost Overruns Christos Emmanouilidis September 24, 2026 · 19 min read Read more →
Cost Control & Earned ValueConstruction & Infrastructure+1 Construction Cost Recipes: How Labor, Materials, Machinery and Time Form a Unit Rate Christos Emmanouilidis September 16, 2026 · 7 min read Read more →