OREANDA-NEWS. June 28, 2011. PM Expert, a unit of Armada group (MICEX, RTS: ARMD), hereby announces that it has concluded a contract with MaRussia Motors to implement the third phase of a project to launch the Corporate Project Management System (CPMS).

MaRussia Motors and PM Expert began their cooperation in October 2010. To date, they have implemented two phases of the project: development of the standard for key project management parameters and detailed regulation of project management processes. The third phase involves launching the Information System for Project Management.

Building CPMS at MaRussia Motors will provide for systemic planning and control of implementation of hi-tech projects to build and upgrade exclusive luxury sport cars produced by the company as well as projects aimed at developing production facilities.

"Our projects feature an intensive pace of work and the need to promptly deal with changes. We are grateful to the PM Expert team for their highly professional assistance. The first phases of the project have brought in methods used for managing all types of the company’s projects considering the nature of our business," MaRussia Motors Development Director Andrey Seleznyov commented.

"The employees of MaRussia Motors successfully combine strong expertise and a focus on innovations. Enthusiastic people, intent upon solving difficult and ambitious tasks, work at all positions in the company. We are gratified that our contribution has received a high assessment by the customer and hope to continue our partnership aimed at achieving new goals, after the current project has been completed," PM Expert Deputy CEO and Project Management Director Mikhail Zuyev said.