Cost Management

 

Secure, on-time, and within budget delivery

Today, capital projects are increasing in size and scope and, are under far more scrutiny.  Improved planning, budgeting, earned value management, and cost control are imperative to reduce project risk and secure on-time, within budget delivery.  To adopt standardized processes, owners and contractors are implementing PRISMG2 to provide easy, secure, concurrent access to budgeting, progress and performance measurement, earned value cost and schedule analysis, change management, funds allocation, cost forecasting, and reporting in a single, integrated package.  Facilitate resource planning, import detailed estimate to baseline budgets.  Integrate project schedules to time-phase budgets and take advantage of 25 algorithms to support even the most complex progress measurement.

  • Unlimited control accounts required for cost summarizations, funds availability, variance, and forecast reporting
  • Time-phased baseline budget creation and control to track responsibility, scope, and corrective action plans
  • Complete earned value management that exceeds all government reporting requirements and current functionality found in competitive alternatives
  • Enterprise reporting periods with multiple calendars
  • Measure performance and productivity using cost, hour, and quantity control elements
  • Resolve claims quickly with audit controls and change management processing
  • Resource and staff planning

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The PRISMG2 Difference

  • Save time and money with easy integration with corporate finances
  • Seamless integration with scheduling applications including Oracle® Primavera P6 and Microsoft ® Project
  • Avoid frustrating configuration control issues with single-source data entry
  • Exceeds federal government reporting requirements
  • Plan and control resources with resource staffing
  • View real-time cost tracking and variance analysis
  • Pinpoint potential problems with real-time forecasting

PRISMG2 Cost Management package reduces the effort needed to manage your project’s cost and keep the project on schedule