- Performance Monitoring
Performance monitoring is an ongoing process conducted by the announcing party to ensure that the project is being executed according to the agreed-upon timeline and the quality specified in the contract. This process is essential to minimize delays and problems and to ensure the achievement of project objectives.
Stages of Performance Monitoring
- Preparing the Monitoring Plan: Identifying key performance indicators (KPIs) and measurement mechanisms.
- Periodic Monitoring: Conducting field visits or reviewing performance reports.
- Continuous Communication: Holding regular meetings with the contractor or supplier to review progress.
- Final Evaluation: Comparing actual results with the goals outlined in the contract.
Importance of Performance Monitoring
- Ensuring Compliance: Ensuring that the supplier or contractor adheres to the contract.
- Problem Solving: Early detection of challenges and resolving them before they escalate.
- Enhancing Transparency: Documenting and periodically evaluating every step of execution.
Tools Used in Monitoring
- Weekly or monthly reports.
- Updated timelines.
- Digital project management tools.
Challenges in Performance Monitoring
- Delay in Reports: Delays in reports may lead to issues in decision-making.
- Lack of Expertise: Monitoring may require highly experienced staff.
- Additional Costs: Monitoring may consume additional financial and time resources.
Performance monitoring is not just an organizational procedure; it is an essential element to ensure project success and achieve maximum value from tenders.
- - Personalized Alerts
- - Alerts through WhatsApp and Email
- - Instant Search
- - Export to Excel
- - Excel Quantity Tables
- - Awarding and Proposals Data
- - Suppliers Data
- - Complete Data (including what was removed from Etimad)
- - Preparing Technical and Financial Proposals
Related Links
- ◾ Bidding in Government Projects
- ◾ Classification Certificates for Tenders
- ◾ Construction Tenders in Saudi Arabia
- ◾ Data Collection and Analysis in Tender Evaluations
- ◾ Are You Eligible to Enter a Tender?
- ◾ Preparing Tender Approval Documents
- ◾ Etimad Subscription Fee
- ◾ Local Content Preference
- ◾ Pre-registration in Etimad Tenders
- ◾ Organizing Unified Procurement via Endorsing Competitions
- ◾ Localization of Saudi Industries
- ◾ Excellence in Government Tender Offers
- ◾ Qualifying for Government Tenders
- ◾ Tender Application Guide
- ◾ What is the benefit of the Etimad Platform?
- ◾ Comprehensive Guide for Government Tenders
- ◾ Legal Compliance in Competition Accreditation
- ◾ Avoid These Mistakes
- ◾ Government Bidding System
- ◾ Etimad Platform for New Companies
- ◾ Pricing Services and Purchases
- ◾ Successful Bids
- ◾ Types of Tenders
- ◾ Regulations and Laws
- ◾ Tenders Guide
- ◾ Bid Evaluation
- ◾ Strategies for Winning Tenders
- ◾ Technical Standards for Tenders
- ◾ Preparing Technical Proposals
- ◾ Tenders and Investment
- ◾ Tender Strategies
- ◾ Electronic and Traditional Tendering
- ◾ Bid Evaluation in Tenders
- ◾ Modify Bid After Submission
- ◾ Finding Open Tenders
- ◾ Improving Winning Chances
- ◾ Participating in Government Tenders
- ◾ Criteria for Selecting the Winning Bid
- ◾ Obtaining Government Tenders
- ◾ Objecting to Tender Results
- ◾ Common Mistakes
- ◾ Documents Required for Tenders
- ◾ Steps for Submitting an Offer in a Tender
- ◾ What are Tenders?
- ◾ Etimad Platform for Government Entities
- ◾ Etimad Platform for Individuals
- ◾ Etimad Platform and Government Tenders
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