7Ps Yacht Management takes a new approach to Yacht Management by providing a tailored service where the client can choose the services that best suit their yacht and crew needs and expectations.
YACHT MANAGEMENT
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The ever-increasing scope of the legislative requirements to operate large Yachts has become overwhelming for the most organised crew and now requires a dedicated team of administrators to ensure compliance and thereby safe operation to safeguard the asset value retention.
We provide full administrative and operational support to our managed Yachts from our offices in STP, Palma de Mallorca. Our team, being primarily composed of ex-Yachting professionals, understands perfectly the complexities and intricacies of operating a large Yacht to the highest standards and are therefore capable of timely and efficient response to the Yacht’s requests. SERVICES
General administration
Courier and post forwarding
Insurance review and tender
Statutory compliance monitoring
Planned Maintenance System implementation
Crisis management and media response
Dry Docking and surveys arrangements.
FINANCE
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We work closely with the Captain and/or Owners representative to establish an annual budget, audit the onboard cash and credit card expenses, consolidate and report on all accounts, administer dedicated client’s accounts, process payments following an agreed upon approval workflow and report transparently on a monthly basis.
We use Voly accounting software which provides a simple and easy solution for the Captain and crew. Instantly visible real-time expenditure, prepaid Mastercards®, mobile accounting, snapshot invoices, all, reduce administration and all accounting is managed in one place. https://www.volygroup.com/
SERVICES
Provision of dedicatedYacht Account Manager (YAM)
Invoices processing and payment
Debit card account setup and administration
Dedicated Client account setup and administration
Cash to Master funds provisioning
Budgeting
Reporting and analysis of budget versus expenses
PROJECT MANAGEMENT
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Nurturing strong relationships with reliable, professional refit contractors to ensure diligent control of quality, budget, and schedule
Drafting an accurate and detailed worklist at the start of each project to serve as the backbone of the contractual specification for the entire refit
Providing a specification that accompanies a set of basic drawings and a contract to set the general terms of the relationship between the parties involved
Ensuring that the finished product accurately reflects the expectations of the Client
Supervising shipyards during refit
Ensuring compliance with regulations
Reviewing designs
Preparing and monitoring budgets
Handling accounting
Planning and monitoring schedules
Managing statutory surveys
Conducting condition surveys
Ensuring quality control
Selecting contractors.
What does 7Ps Stand for
The 7Ps of project management is a framework that helps project managers and teams organize and execute projects effectively. These 7Ps stand for:
Project Definition: This involves clearly defining the project's objectives, scope, deliverables, and success criteria. It includes identifying stakeholders, understanding their requirements, and establishing a project charter.
Project Planning: In this phase, project managers develop a detailed plan that outlines the tasks, activities, milestones, timelines, and resources required to complete the project successfully. It also involves assessing risks, creating a project schedule, and allocating resources effectively.
Project Processes: Project processes refer to the methodologies, techniques, and tools used to execute the project. This includes project management methodologies like Agile, Waterfall, or Scrum, as well as the specific processes and procedures relevant to the project.
Project People: The success of a project depends on the people involved. This P focuses on identifying the right team members, allocating roles and responsibilities, and establishing effective communication channels. It also involves developing a supportive project culture and addressing any team-related challenges.
Project Power: Project power refers to the authority, influence, and decision-making capabilities needed to drive the project forward. It involves empowering project managers and team members to make decisions, ensuring clear lines of authority, and establishing a governance structure that supports effective project execution.
Project Politics: Project politics deals with managing the dynamics and relationships among stakeholders involved in the project. It involves identifying and addressing conflicts, managing expectations, and ensuring effective stakeholder engagement and communication throughout the project lifecycle.
Project Performance: This P focuses on measuring, monitoring, and controlling project performance. It includes establishing key performance indicators (KPIs), tracking progress, identifying and addressing deviations, and ensuring that the project stays on track to achieve its objectives. It also involves conducting regular project reviews and applying lessons learned to improve future projects.
These 7Ps provide a holistic framework for managing projects, encompassing various aspects from planning to execution, team dynamics, stakeholder engagement, and performance monitoring.
“Running a yacht management company requires a combination of business acumen, industry knowledge and exceptional service delivery. By providing reliable and efficient services, maintaining strong relationships and continually striving for excellence, you can establish a good reputation and foster long-term success in the industry.”
What Does 7Ps Offer?
7Ps Yacht management are made up of experienced ex yacht crew, from all areas of yachting including accounting, administration, logistics, engineering, interior and safety.
We offer full shore side support to the Yacht and its crew. 7Ps Yacht Management will ensure that your yacht remains compliant with regulations by working closely with all the classification and flag societies. We also offer a complete technical package.
Working closely with the captain and crew, 7Ps can design a complete tailor made package suitable for each individual Yacht and its requirements.
The ever-increasing scope of the legislative requirements to operate large Yachts has become overwhelming for the most organised crew and now requires a dedicated team of administrators to ensure compliance and thereby safe operation to safeguard the asset value retention.
We provide full administrative and operational support to our managed Yachts from our offices in STP, Palma de Mallorca. Our team, being primarily composed of ex-Yachting professionals, understands perfectly the complexities and intricacies of operating a large Yacht to the highest standards and are therefore capable of timely and efficient response to the Yacht’s requests.
SERVICES
General administration
Courier and post forwarding
Insurance review and tender
Statutory compliance monitoring
Planned Maintenance System implementation
Crisis management and media response
Dry Docking and surveys arrangements.
Meet the Team
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Darren Hunt
Operations Manager
Having joined his first ship back in 1986, Darren has amassed many years and countless sea miles from Northern Alaska to Southern Chile, from the Med to the Indian Ocean he has an extensive knowledge of the Globe’s cruising grounds.
Darren has served on all size of vessels from 100m + to 20m and has assisted or managed numerous refits on some of the worlds most prestigious Yachts.
Through serving in all capacities from deck hand to Captain he has gained the valuable skills and the knowledge required that allows these beautiful vessels to operate.
Darren lives on the stunning island of Mallorca and likes nothing more on his downtime than to be hiking in the Traumantana mountains or along its beautiful coastline.
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Katja Brillouet
Refit Manager
After the best part of 10 years working on board superyachts Katja finished her career due to an almost catastrophic event, Katja decided to focus her work onshore, but still dedicated to the yachting industry.
Within a short space of time Katja found her feet and using her experience in refit project management, managing several big vessels (30mtrs -70 mtrs) with complete success, Katja assumes all responsibilities of any refit she commands, can adapt to changes quickly, is perfectly capable of managing the full project lifecycle, including cost control, scheduling, quality control, team management and subcontractors.
Katja is an accomplished and hand-on refit project-management professional, who knows perfectly what clients are looking for, what their expectations are and their budget-time.
Katja has lived for more than 20 years on the island of Mallorca with her family and loves sports.
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Ashleigh Verhoef
Yacht Finance Manager
Before joining the yachting industry, Ashleigh worked with the members of a prestigious golf club in Scotland offering VIP Concierge services and tailor-made tours. She also managed the golf companies’ fleet of transportation coaches.
In 2008 she made the decision to move to Mallorca and started her career in yachting as a Stewardess/Chef. After a short break to have a family, she rejoined the industry with a move into Yacht Management as an Account Manager in 2013.
Her 10 years’ involvement includes the financial management of numerous large vessels. She has experience in Operational, Charter, Refit and New Build projects.
Her strength is in-depth complex budgets and she also enjoys keeping up to date with modern technology and how this can advance and assist in our field.