Project Cost Management
InEight Control provides the detailed data necessary for you to take immediate corrective action to stay on time and on budget. It brings together critical budget, as-built and what-if forecasting tools related to costs, man-hours and productivity. It gives you complete control over every aspect of project performance.
InEight Control integrates with scheduling software and ERP systems, as well as other InEight solutions, to eliminate redundant data entry and provide transparency into project costs and productivity.
Forecast With Accuracy
MANAGE ORIGINAL BUDGET, CONTROL BUDGET AND CURRENT ESTIMATE
at any level of the project including WBS, line item, cost code, contract and more
INTEGRATE BUDGETS WITH YOUR ACCOUNTING SYSTEM
to streamline project startup
TRACK COST TRENDS AND POTENTIAL BUDGET CHANGES
DOCUMENT BUDGET MOVES AND BUDGET CHANGES
Gain Insight Into Project Performance
USE MULTIPLE FORECASTING METHODS
that drive the most accurate forecast at completion for the project
USE FINANCIAL PERIODS TO SYNCHRONIZE BUDGETS
and forecasts with your accounting system
COMPARE FORECASTS FROM PREVIOUS PERIODS
When a job is awarded, we need to turn our estimate into a control budget that we can track against as quickly as possible.
At the end of every job, we should have new and updated benchmarks for cost and productivity that our estimators can use on the next job.
My number one responsibility is to make sure our team’s forecast for the job is accurate. To do that we need speed and flexibility in how we update the numbers.
We need visibility to the most recent progress, costs and productivity in the field to drive timely billing, and update our forecasts.
We need to monitor construction performance with immediate calculation of earned values and other performance factors, long before the bills come in from our contractors.