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Project Cost Management

"When you consider the price you pay for a good estimator, you better give him a good tool to use. Hard Dollar is that tool!"

Jim Grooters,
Chief Estimator
Cobalt Construction Co.

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  Analysis Reporting Overview

Key Performance Indicators

Easily measure results at a glance, comparing internal goals to actual performance. Organizations can review multiple levels including, divisional, branch, and other areas within the organization. Determine the number of bids out, percentage of bids won. Drill down into production values, resource utilization and more.

Leverage Historic Data

Store take-off measurements and calculations for historical analysis and future planning.

Forecast Completion Costs and Budget Expectations

Look ahead and forecast costs at completion before the project closes, providing visibility into unit costs and productivity measurements such as crew, labor and equipment. Reduce the time it takes to forecast the cost of a project during the project and at completion. Reduce days to minutes with powerful forecasting tools. Utilize historical project averaging data to accurately estimate future projects eliminating the spikes and fluctuations that typically come with using historical costs as a reference source.

Real Time Variance Alerts

View project components that could potentially exceed budget projections before they occur. Thresholds against expected values provide information to make faster decisions to prevent unnecessary expenses and allow for strategic planning adjustments. Percentage of completion is easily tracked and viewed at set milestones to catch variances early on and take corrective action in order to proactively correct potential issues. Update schedules as changes occur without starting from scratch to save time and eliminate potential errors.

Project Health Indicators & Alerts

Dashboards and charts provide answers in seconds without spending time reading through endless reports. Visualize graphs that highlight problem areas quickly, including budgeted vs. As-Built values. Notification Alerts on key areas are configured to identify potential problems in any area, notifying the right people at the right time.

View Project Level, Division Level and Company Level Reports

Create reports created at any level, for individual projects or aggregated in any way, such as by division, by customer, or by region. Activities can be separated within the hierarchy tree.

Detailed History Logs

Change logs keep running trails on all project changes to provide comprehensive historical reporting and assist with shareholders, bonding agents, banking institutions, and IRS requirements.

User Defined Screens and Reporting

Gain end user adoption and fast ROI with familiar views and reports. Enable power users and new users specific views to match expertise. Define "corporate standard" views and reports specific to each user type, creating smoother adoption by users and less technical support. Allow users to customize their own views and reports.

Track Project Changes

Project changes that require change orders or budget updates are estimated in detail and tracked separately in the project, along with a detailed audit trail. Changes to bids, track material price changes, contractor changes, to eliminate the guesswork of how a project changed.

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