Datasheet

Cost Management

Integrate Project Cost and Schedule
with a Robust Cost Management Tool

Contruent Enterprise software offers a seamless integration of project schedules and cost estimates. This integration streamlines the development of time-phased budgets and forecasts while providing robust metrics to gauge performance and productivity using cost, hour, and quantity controls. Develop time-based budgets, measure performance, and integrate schedules and cost estimates with Contruent Enterprise’s Cost Management Tool.

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Earned Value Management

Earned value management (EVM) is a project management technique that can assess the performance of your projects by integrating measurements of cost, scope and schedule.

Key EVM components include:

Planned value
Earned value
Actual cost
Cost performance index
Schedule performance index
Cost variance
Schedule variance

EVM Benefits

Provides reliable data through a single management control system
Integrates work, schedule and cost into a work breakdown structure
Practical comparative analysis via the associated database of completed projects
Intervene and make corrections early
Leverage an index-based method to forecast the final cost of the project
“To-complete” performance index allows evaluation of the forecasted final cost
Periodic (weekly/monthly) CPI benchmark
Reduce information overload through a management-byexception principle

Cost Management Benefits

Save time and money with complete project cost control
Eliminate spreadsheets and gain confidence in your data
Reduce project risks by aligning your cost and schedule
Create unlimited control accounts to manage your project data at the level of detail you want
Establish time-phased budgets to represent cash flow plans for your projects
Use enterprise reporting for enterprise cash flow analysis
Measure performance and productivity using cost, hour and quantity control elements
Plan and forecast resources by reporting period
Get out-of-the-box reports at your fingertips

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