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Project Cost Management

"Hard Dollar 'thinks' about estimating like I do, or maybe I 'think' like Hard Dollar!"

Charles D. Fricke,
Vice President, Estimating
Ideal Construction Company

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  Productivity Management Overview

Hard Dollar enables real-time and historic productivity management including key performance indicators on all project cost areas that provide valuable insight in to make quick decisions. Centralization of key information provides collaboration across multiple projects and organization information.

Time Sheets and Time Management Tracking

Enter timesheets and daily diary information for projects from wherever they happen to be. Record hours worked by cost code, quantities completed, and daily diary notes, and sync that information with the home office using a laptop or handheld device. Analyze fresh data to optimize resources for the next day and provide real time integration with accounting to accelerate cash flow from faster project billing.

Collect and store timesheet data from jobsites, while sharing data electronically with accounting systems to eliminate double entry. Maintain time sheet standards with labor classifications, and other user defined tags. Import timesheet data from 3rd party systems. Record Notes for each cost item including assumptions, jobsite observations, and more. Increase communication for issues that include staging and additional information to the field operators.

Field Resource Tracking

Manage field resources efficiently. Analyze information about productivity and accurately track customer information including account status, equipment usage and service history. Easily make changes when a resource is identified with high performance. Ownership costs and operation costs can include information on depreciation, insurance, and other unique resource costs in order to determine true ownership cost as well as operational use cost.

Anywhere Project Analysis

Web-based reporting and dashboards make it easy to get information from anywhere. Meet with customers on-site to discuss projects with total access to historical information as well as the ability to develop preliminary budget estimates for project budget creation on the fly. Eliminate printing unnecessary reports by remotely focusing what the customer is looking for.

Monitor "Actual" Project Costs Without Accounting Delays

Stay up to speed on project progress on a daily basis without waiting for accounting information. Preliminary and actual cost data is available daily to assess the need to make potential changes while there’s still time to have an impact on the project’s success. Recognize time and other valuable information the moment it is entered without waiting for accounting.

Remote Time Management Tracking

Control and monitor vendor commitments and activity, including original contract project components, insurance and bond monitoring status, change orders, invoices, requisitions, retention processing, and payments.

Collaboration and Updates

Save valuable man-hours eliminating the need to hand off estimates from one team member to the next. Allow last-minute updates until the bid is due, leveraging last minute pricing changes on materials and resources, while allowing multiple estimators to work on a single or multiple estimates simultaneously.

Remote Data Access

Access information from anywhere including the office, remote offices, home, or client sites. Leverage un-tethered information access with synchronization that makes it possible to have everything at your fingertips without being connected to the internet or network. Updates are entered throughout the day, and when convenient, a connection is made to the network to receive and send changes. Hand held devices eliminate double entry and save time removing the need to re-key data numerous times into multiple systems. Provide remote project access to managers, foremen and superintendents providing complete access to critical information needed to manage jobs remotely in one central location. Track financial positions of projects, responsibilities of team members, related documents, and ongoing project activities.

Centralize Project Information

Eliminate storing project information on local drives and multiple network locations. Project data is conveniently stored in one location and shared for easy access to all team members. Multi office estimating provides synchronization between team members to accommodate real time estimation updates.

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