Cost Control · ProjectVIEW ERP
Project cost control software
Project cost control software compares what a project should cost with what it actually costs, while the work is still in progress. It tracks budget, commitments, actual cost and progress, and then forecasts the cost to complete. In ProjectVIEW ERP, cost control runs on the BoQ ↔ WBS ↔ Cost Codes framework, so time, cost and progress share one structure.
Key Features
- Associate BoQ ↔ WBS ↔ Cost Codes
- Seamless Integration with Oracle P6/MS Project
- Multi-Projects Cost Control & Cashflow Management
- Resources Allocation/Scheduling/Management
- BoQ Weight Percentages - Project Management KPIs
- Cost Management multi-level drill-in Analysis
- Multiple BoQ/WBS Versions/Claims & Variations
- Capture real site data for Progress, Labor, Plant, Subcontractors
- Materials consumption (SIR - MRF)
- RFI Process - Revenue Management
- Actual vs Budgeted Cost based on EV
Cost Control · ProjectVIEW ERP
See Cost Control in action
Cost Control
Control cost on the BoQ ↔ WBS ↔ Cost Codes framework. The BoQ budget, the Primavera P6 schedule and the BIM budget link line by line through cost codes. Actual cost from site and yard is compared to the budget in real time.
- Three budgets linked: BoQ, schedule (WBS) and BIM
- Actual vs budgeted cost per resource in real time
- Site progress and daily logs update earned value (CPI, SPI)
BIM 4D/5D and schedule connectors
See progress and cost on the 3D model. Each BIM element links to its BoQ lines and schedule activities, so the model shows what is behind schedule or over budget. Native two-way connectors keep Primavera P6 and Microsoft Project dates in sync.
- 4D/5D model coloured by progress and cost
- Planned, expected and consumed resources per element
- Two-way connectors with Oracle Primavera P6 and MS Project
What is project cost control software?
What ProjectVIEW Cost Control contains
- Cost budget: BoQ items map to internal cost codes, so the client BoQ budget and the cost budget stay linked.
- Primavera P6 and MS Project connectors: BoQ items link to WBS activities with resources, cost and duration, in both directions.
- Site progress app: engineers record progress as quantity or percentage against BoQ, WBS or cost code.
- Cost consolidation: labor, materials, plant and subcontract costs from site and office post automatically.
- Earned Value Management (EVM): CPI, SPI, EAC, VAC and other KPIs per project, area and cost code.
- Forecasting: budget versions and best, base and worst-case scenarios show the cost at completion.
- Change management: multiple BoQ and WBS versions, claims and variations.
Why it matters in project-based ERP
- Early warning: over- and under-budget variances appear while there is still time to act.
- One truth for time and cost: the schedule and the budget use the same BoQ ↔ WBS ↔ Cost Codes links.
- Drill-down to the cause: go from a project variance to the BoQ item and the resource behind it.
- Revenue in step with cost: requests for inspection link site progress to client billing.
Site apps, add-ons and AI
- Site daily log: digital records of daily site operations.
- Request for inspection (RFI): engineers notify the client when work is ready for inspection.
- Cost Control & Forecast AI Agent: runs Monte Carlo analysis to estimate the cost to complete and to size risk mitigation cost.
FAQ: project cost control
What is project cost control?
It is the process of comparing planned cost and progress with actual cost and progress, and then acting on the variance. Good cost control also forecasts the final cost before the project ends. It serves construction, shipbuilding and repair, marine and offshore, mining and quarrying, and project-based manufacturing companies.
How does ProjectVIEW ERP link cost to the schedule?
Each BoQ item links to WBS activities in Primavera P6 or MS Project and to internal cost codes. As a result, progress, time and cost are measured on one structure.
Which EVM indicators does ProjectVIEW ERP report?
It reports BCWS, BCWP and ACWP, together with CV, SPI, CPI, BAC, EAC, VAC and TCPI. Each user can personalize these reports.
Where does actual cost come from?
Actual cost comes from the other modules. Material issues, labor hours, equipment use and subcontractor certificates post to the same BoQ items and cost codes automatically, so there is no double entry.
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