Connected…a cloud-based platform with open APIs allows for integrations to other cost applications as well as connects with other construction workflows.A common data platform allows teams to centralize all of the inputted cost data in one place that is accessible any-time, any-where. Single Source of Truth…rather than having multiple spreadsheets saved in different locations.Here are 5 reasons why switching to a construction management platform for your construction cost management process is the right way to go: With a connected construction project management solution, teams always have the most up-to-date view of project costs, onsite or in the office. But these processes are siloed and lack a connection of cost management and change order workflows to the rest of project information, increasing risk for error through duplication of effort, passing of data to and from accounting systems, and an inability to see data in real time.īringing cost control workflows like budgets, contracts and change orders into a construction management platform can reduce risk and provide real-time visibility into the financial health of the project. One of the most common ways to track project budgets is using analog methods, powered by Excel. The benefits of managing cost in a connected construction management platform Manage all aspects of the change order process including logging and detailing all Potential Change Orders (PCO), upstream budget Request for Change Orders (RCO) and formal Owner Change Orders (OCO) and downstream Request for Quotations (RFQ), and Supplier Change Orders (SCOs). Downstream request for quotations (RFQs).Upstream budget requests for change orders (RCO) and formal owner change orders (OCOs).Logging and detailing all potential change orders (PCOs).This helps project teams control costs and confirm all changes are accounted for and are managed effectively to maintain a positive cash flow, reduce risk and maximize profits.
Managing the change process just got easierĬost Management streamlines upstream and downstream change order workflows creating clear accountability and ensuring nothing slips through the cracks.
#Autodesk manage generator#
And, all contracts are automatically associated with cost items so that teams can easily view a history of cost items by supplier.Ĭontracts management and a contract generator lets project teams create, edit, and view supplier contracts using the details fly-out panel, and streamline the contract document creation process using the contract generator to compile appendices from multiple locations into a single package With Cost Management, teams can easily create, edit and view supplier contracts in a centralized location.
Staying on top of multiple spreadsheets and folders to manage all of the subcontractors on a project is stressful and time-consuming. Users can easily create multiple project level markup configurations to apply to potential change orders (PCOs), requests for change orders (RCOs) or owner change orders (OCOs), before submitting to the owner.Īnd project teams can create, import and manage their own document templates using field names that populate directly from the system to quickly generate standard format documentation for distribution for change order pricing, request and approval process.
#Autodesk manage software#
Configurable features allow users to customize the software to suit their project needs and preferences including detailed hierarchical build ups, custom segment options, and master lists. With the Cost Management module, customers can visualize cost related risk by monitoring and tracking budget items and cost impacts in real-time, providing a clear picture into the financial health of projects. Here's a brief overview of the new Cost Management capabilities in BIM 360: The Cost Management module is now available as an add-on subscription to BIM 360 Build.
To this end, we’re excited to announce that Autodesk has added powerful construction cost management capabilities to the BIM 360 platform as a new module, enabling teams to manage cost-related construction activities in the cloud. Most importantly, teams need accurate, real-time data on the financial health of the overall project so that well-informed decisions can be made quickly. Project executives and project managers often have to navigate information silos, which increases risk due to outdated or missing information, unreliable response times, and convoluted processes involving a variety of vendors, systems, and products. Tracking costs and risk and keeping a project on budget can be one of the biggest hurdles in a building project, and finding efficiencies in this area can make all the difference in delivering a project on time and on budget.