Managing costs on a project by looking in the rear view mirror makes project controls a nearly impossible task. Yet, that is how many of today’s capital projects are managed, whether done using spreadsheets, an ERP system or an internally developed solution. Being able to see pending costs in real-time with the ability to see all of the underlying and related causes, including the critical engineering information for immediate analysis, is the only way to ensure proper cost control.
Unifier’s Cost Manager solves these problems and more. Whether you are executing multi-year capital programs, managing the construction of a single new facility, or managing a portfolio of IT projects, the Cost Manager delivers real-time visibility into the financial status of your projects or programs. All financial data — funding, budgets, commitments, appropriations, expenditures, etc. — are available in the cost sheet. You will have full confidence in the accuracy and timeliness of your forecasts, estimates and budget control.
The cost sheets employ a familiar spreadsheet-like interface, which can be tailored to match your existing standards. Define your own breakdown structure, column definitions, formulas and labels. Drill down to individual records and transactions, even line items, from any source data, including critical engineering information and workflow history. Supplement the cost sheet with supporting worksheets and work packages. View project costs across the organization from program and company level cost sheets that collect and summary project data. Data sources include Unifier business processes, imports from spreadsheets, resource costs, manual entry, or via integration with your accounting system.
As you would expect from Unifier’s integrated solutions, the cost manager works seamlessly with the funding manager, schedule manager, cash flow engine, portfolio manager, business processes, earned value calculations, resource manager, project gates and more. Unifier’s overall Cost Manager solution also includes fully configurable schedule of values and Payment Application support.
