The monthly report shall provide sufficient information to enable the Agency to monitor progress of the works against baseline project implementation programs and baseline project cost estimates. The monthly report must indicate, at the minimum, the following:
(a) Project implementation programs with clearly identifiable work breakdown structures (WBS), activity interdependencies, external interfaces, critical path(s), milestones linked to financial drawdown and program risk assessment. This should be available in electronic format and utilize recognized project planning software.
(b) Project cost estimates clearly linked to program (WBS) and specification details with evidence to support the basis of cost estimates (for example, subcontract indicative estimates) and a risk assessment of each major cost item. This must be available in electronic format.
(c) An assessment of progress against program and budget with details of activities completed and planned, milestones achieved, measures of value earned and expected completion program and outturn costs for each element of the works.
(d) An updated and revised project risk register identifying risks to expected completion program and outturn costs and mitigating actions.
(e) Any claim or action against the Company or any of its subcontractors which may be likely to have a material adverse effect on the completion of the works.
(f) [Others]