PAIN 01

Project costs
over budget

Costs keep rising, unplanned variations, hard to control. By the time the report arrives, the budget is already exceeded.

Real-time cost control
Early budget overrun alerts
Link quantities – contracts – procurement – payments
Cost-at-completion forecast with multiple scenarios

Real-world scenario

Material price swings, quantity variations, design changes and unplanned costs... push total project cost far beyond the original estimate.

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Material prices keep rising

Steel, cement and labor prices change from time to time.

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Design and quantity changes

Unplanned quantity variations with little control.

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Unplanned costs

Temporary costs, overheads and variations with unclear origins.

Late, untimely reporting

Manual consolidation across many files – you only find out about the overrun when the report arrives.

The solution with ERPCons

Manage cost and budget across the whole project lifecycle, from estimating and cost planning to actual tracking, overrun alerts and cost-at-completion forecasts.

  • Create and approve budgets by work item
  • Update actual costs automatically from procurement, warehouse and contracts
  • Track variations, compare multiple options
  • Early alerts when over budget
  • Cost-at-completion forecast by scenario

The results

Real-time cost control
Fewer unplanned variations
Accurate cost-at-completion forecasts
Timely decisions, no budget overruns
Higher project efficiency and profit