Deltek COBRA Takes Control for the UKAEA and NDA
Earned Value Management ensures nuclear decommissioning stays on track
LONDON, U.K. (November 19, 2007) — Deltek, Inc. (NASDAQ: PROJ), the leading provider of enterprise applications software for project-focused organisations, today announced that the Nuclear Decommissioning Authority (NDA) and its main contractor, UK Atomic Energy Authority (UKAEA), have selected Deltek's COBRA and Earned Value Management (EVM) system for the decommissioning and clean up of 20 civil nuclear sites around Britain.
Due to the high profile nature of the project the NDA, a non departmental public body set up in 2004 under the Energy Act, specified that all contractors working on the project must use EVM.
UKAEA is a world leader in nuclear clean-up and fusion research. It is currently managing the decommissioning of sites at Harwell, Culham, Dounreay, Windscale and Winfrith. Adam Ellwood, a programme control and systems analyst at the UKAEA, says, “We undertook a detailed cost benefit analysis against the available products in the market and after due consideration selected Deltek COBRA based on its flexibility, ease of use and compatibility with client systems.”
The COBRA solution provides centralised cost management reporting and analysis by interfacing with UKAEA's Enterprise Resource Planning (ERP), scheduling, accounting and cost estimating systems. It imports ERP activities into the central COBRA reporting system via an electronic link for cost analysis. The approved unit rates for labour and so on are applied to time-phased budget amounts and act as a basis for all cost information, both summary and detailed.
Ellwood explains that as a result of COBRA, “The quality of the data has improved significantly; there is no longer room for human error and because the data can be trusted, it is far more valuable to the entire operation. But above all it acts as an early warning system if a particular section of the project is veering off course – and as it manages the entire portfolio we can for example re-route funds or resources to a struggling sector to help turn it round, if necessary.”
“This is a real milestone for both EVM and Deltek solutions both in the UK and beyond,” says Chris Hodge, UK managing director, Deltek. “It demonstrates how Deltek solutions such as COBRA can really ensure projects stay on track and are trusted to control and manage such a high-profile and important task.”
About Deltek
Deltek® (NASDAQ: PROJ) is the leading provider of enterprise applications software designed specifically for project-focused businesses. For more than two decades, our software applications have enabled organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. More than 12,000 customers worldwide rely on Deltek to measure business results, optimize performance, streamline operations and win new business. Visit www.deltek.com.
For further information contact:
Patrick Smith, Senior Director, Public Relations & Analyst Relations, Deltek, Inc.
703.885.9062, PatrickSmith@deltek.com
