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Posts Tagged ‘Project Management’

HARD DOLLAR PROJECT COST MANAGEMENT SOLUTION CHOSEN BY KIEWIT CORPORATION

by Hard Dollar on August 9th, 2011

LEADING CONSTRUCTION AND MINING COMPANY TO DEPLOY INTEGRATED ESTIMATING, PROJECT CONTROLS, PROGRESS MEASUREMENT AND FORECASTING SOLUTION

Scottsdale, Ariz. – Aug. 9, 2011 – Hard Dollar was selected by Kiewit Corporation to provide its software suite for Project Cost Management (PCM). The company will use Hard Dollar’s software solution for cost modeling, estimating, project controls, progress measurement and forecasting.

“We’re pleased to be partnering with Hard Dollar,” said Kirk Samuelson, senior vice president, Kiewit Corporation. “Its software offers a strong set of capabilities and provides the flexibility we need to accommodate our diverse, growing business. Hard Dollar’s Project Cost Management suite will help us better leverage historical data, standardize key processes, and identify and control cost and productivity information throughout the project lifecycle. We’re looking forward to working together.”

“Developing this strategic partnership with Kiewit is a game-changing relationship for Hard Dollar. It further validates to the marketplace that Project Cost Management is a mission critical requirement for capital project success and will help us in becoming the industry standard,” said Doug Nicholas, president and chief executive officer, Hard Dollar.

Hard Dollar defined the PCM category in 2008 when they combined the functions of cost modeling, estimating, dynamic integration to scheduling, progress measurement and performance tracking during project execution, and forecasting into an enterprise software suite. Having the tightest, dynamic, real-time integration with Oracle®’s Primavera P6 and Microsoft Project® brought immediate market adoption and rapid ROI to customers.

Hard Dollar’s PCM solution eliminates multiple data entry and reporting points and puts decision-making information at the fingertips of construction operations.

About Hard Dollar

Founded in 1989, Hard Dollar Corporation is the world’s leading provider of Project Cost Management systems for Owners and Contractors. Hard Dollar’s cost driven performance management solution centralizes project cost and productivity, resulting in side-by-side visibility of planned and actual costs for enterprise-scale capital projects. Hard Dollar customers have constructed over $1 trillion in capital projects, and HD solutions are sold and implemented by partners around the globe. For more information on the company or its products, visit HardDollar.com.

Media Contact:

Joanie Hollabaugh

Director of Marketing

Hard Dollar Corporation

E: joanie.hollabaugh@harddollar.com

P: 480.776.2901

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Tags: Construction Projects, Cost Estimating, Estimating Software, Forecasting Software, Kiewit, Oracle's Primavera, Progress Measurement Software, Project Cost Management, Project Management
Posted in Press Releases | Comments Off

Defying Possibilities

by Hard Dollar on May 24th, 2011

Full Financial Integration with HD Project Cost Management

How many times a day do you hear “you can’t do that” or “that’s impossible?” Well, what if you had a software solution that makes all things possible?

Yeah, I know…that sounds too good to be true, but think about this: HD Project Cost Management makes possible total integration with SAP, an industry standard accounting solution. This dynamic integration is surely an example of the wide-range of things HD provides that you may never have dreamed of.

Here are a few ways Hard Dollar makes your Accounting Department’s dreams come true:

Connect with your Staff

Integrating with SAP (as well as over 30 more accounting systems), HD Project Cost Management increases productivity and a greater return on your job-project-management-accounting software investment.
Accounting and non-accounting staffs work together in the same user interface eliminating duplicate entry.
Collaborative features in HD give all project members access to up-to-date information, anytime and anywhere. You and your staff can quickly deliver project financial status, budget forecasts, and timesheet recording. This also means your accounting department isn’t pulling their hair out trying to request information from the field. (more…)

Tags: constuction estimating software, Estimating Software, Project Cost Management, Project Management, SAP
Posted in Blog, Financial Integration | Comments Off

Best Practices

by Hard Dollar on May 6th, 2011

Learn How HD Solutions Will Decrease Time and Increase Total Revenue

HD Project Cost Management provides a foundation for tracking and maintaining project management data at the highest possible level of detail. Best project management practices involve two factors: accountability for schedule and maintaining an accurate budget.

Users of Project Cost Management software are able to hold all project resources accountable for tracking project management requirements, tracking project time, and controlling project costs.

Below are features & solutions in HD Project Cost Management that perfectly align with project management best practices, and are guaranteed to decrease project time and project costs: (more…)

Tags: best practices, Project Cost Management Software, Project Management, projectfacts
Posted in Industry Best Practices | Comments Off

Project Management and Spreadsheets

by Hard Dollar on August 27th, 2010

Avoiding a 50% Error Rate

Project management involves planning, estimating and executing tasks. In many industries, the process has forever been managed by a combination of spreadsheets packed with complicated formulas and buried data. However, the future of project management has recently begun to turn over a new leaf with technology in Project Cost Management software.

Read the rest of the Project Management and Spreadsheets article here >>

Tags: Project Management, Spreadsheets
Posted in Articles, Financial Integration, Project Controls, Project Estimating, Project Scheduling | Comments Off

Hard Dollar Launches Expert Webinar Series

by Hard Dollar on November 27th, 2009

Live Events to Demonstrate How to Eliminate Redundant Processes Across Project Planning Stages, Reduce Work Associated with Project Changes, and Access Real-Time Project Status

Tempe, AZ – November 27, 2007 – Hard Dollar Corporation, the leading provider of budget-and performance-based project management solutions announced a new webinar series (free to qualified industry professionals) to provide construction and energy organizations with best practices in improving project productivity and eliminating costly re-work across project planning and execution phases. Expert speakers will provide from-the-field experience to demonstrate how valuable project process improvements can be achieved through the connection of Primavera project schedules with costs and budgets in Hard Dollar software.

(more…)

Tags: Contractors, Owners, Project Management
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Simplifying Earned Value

by Hard Dollar on May 12th, 2009

One of the biggest challenges to implementing earned value as a project management system is creating cost-loaded schedules. Time and time again we hear that creating the initial cost-loaded schedule is not too painful, but most engineering and construction projects are continually barraged with changes, making it extremely cumbersome to keep estimates and schedules in-sync as things change. Further, in many companies, estimating software and scheduling software are entirely separate disciplines, each of which may have a different perspective of the project. Earned value forces tighter interaction between these two disciplines, which is ultimately good for both the owner and the contractor. Many of the key elements of earned value require the integration of cost and schedule, including:

Budgeted Cost of Work Scheduled (BCWS)
This value shows how much money should have been spent to accomplish the work performed on a project to date. This is the essence of earned value, as it reflects the value of the project put in place to date.

Estimate At Completion (EAC)
This value shows the current forecasted cost at completion, based on the cost to date and the work remaining. When graphed over time, this value shows the owner of the project the expected spend level, which can be matched to budget levels to ensure adequate funding is available for the project.

Many estimating and scheduling software packages are adding features to address earned value, but currently HD estimating software is the only application that can dynamically link cost estimates to Microsoft Project and Primavera schedules. This live, two-way integration between cost and schedule can reduce the time and effort spent on earned value calculations by 50% to 90%.

Tags: Earned Value Management, Estimating Software, Microsoft Project, Primavera, Project Management, Scheduling Software
Posted in Financial Integration, Project Estimating, Project Scheduling | Comments Off

MACTEC Selects Hard Dollar For Standardization Project

by Hard Dollar on October 7th, 2008

Scottsdale, Ariz. – October 7, 2008 – Hard Dollar Corporation, the industry leader for Project Cost Management, today announced its selection by MACTEC, Inc (MACTEC) as the solution to standardize their entire estimating and project operations. In addition, MACTEC is the first Hard Dollar customer to roll out the newly released Hard Dollar hosted offering.

(more…)

Tags: Estimating, Mactec, Project Management
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Hard Dollar Speeds Project Estimating, Scheduling and Job Tracking

by Hard Dollar on February 13th, 2008

Interoperability and Flexibility of Hard Dollar 2008.1 Helps Construction Project Teams Create More Valuable Workflow Between Co-Workers, Clients and Subcontractors

Tempe, AZ – February 13, 2008 – Hard Dollar Corporation®, the leading provider of budget – and performance-based project management solutions, today launched the latest version of its Enterprise and Workgroups editions. Construction teams using Hard Dollar version 2008.1 will further simplify the transfer of project information between departments through additional integration points with Primavera and Microsoft. Version 2008.1 provides more flexibility to dynamically create cost models according to each client’s needs with less administrative effort, resulting in faster turn-around of estimates. This flexibility will also create more compatible workflows and schedule management between project owner, contractor and subcontractors, further reducing errors and time spent re-keying data.

(more…)

Tags: Microsoft Project, Oracle's Primavera, Project Management
Posted in Press Releases | Comments Off

Hard Dollar and DRMcNatty & Associates, Inc. Partner

by Hard Dollar on January 29th, 2008

Tempe, AZ and Mission Viejo, CA – January 29, 2008 – DRMcNatty & Associates and Hard Dollar Corporation today announced a new technology partnership to bring complementary estimating, scheduling and project management solutions to the Engineering and Construction, Power, Energy and Oil & Gas markets. The partnership is part of each company’s goal to provide leading-edge and easy-to-integrate software solutions that will help clients increase productivity, fulfill business objectives and raise revenues.

(more…)

Tags: Construction, DRMcNatty, Engineering, Estimating, Oil & Gas, Power, Project Management, Scheduling
Posted in Press Releases | Comments Off