Your role, as a Cost Manager, is to monitor and analyze project cost estimates, expenditures, and forecasts. Technical knowledge of the construction work involved, and the ability to use cost-estimating methods is also required.
Eager to Simplify the Earned Value Process?
Primavera provides a compliant system that dramatically reduces the work necessary to track Earned Value. Graphic representations are automatically generated using the latest project information from a centralized database.
Cost Manager Solution Capabilities
- Comply with government or contractual mandates for an ANSI 748 compliant earned value system (including the OMB 300 directive). Download cost data from your accounting system by using a flexible interface module to ensure a consistent and complete view of project performance. Alternatively, actual cost may be entered or imported from Primavera.
- Integrate project schedule data with accounting cost data to get a clear picture of the performance of your projects.
- Apply complex indirect costs to base costs, including escalation factors, overhead calculations, and other associated burdens, to better measure total project costs.
- Analyze report and view an entire project portfolio for a complete view of project performance while still maintaining the ability to analyze on programs or a single project.
- Build cost rules to calculate indirect costs which include escalation factors, associated burdens and overhead costs.
- Segment and store data by past and future periods for consistent, accurate reporting and analysis of performance trends.
- Use comprehensive reports, interactive graphics and OLAP data cube to communicate projects’ earned value and other key performance indictors like SPI, CPI, TCPI, etc. Many of the industry standard reports like CPR Formats 1-5 are available out of the box and are customizable for your business need.
- Export information to wInsignt.
