INTEGRATED CONSTRUCTION MANAGEMENT SOFTWARE

Cost Budgeting & Forecasting

InEight Cost Budgeting & Forecasting enables you to create accurate forecasts and budgets based on real-time metrics.

Benefits

Eliminate surprises by gaining complete control of project costs
Know “where that number came from” because you’re getting daily earned value metrics that allow you to drill into cost performance details
Get current progress information that will take your forecasting accuracy to a whole new level
Spend more time making decisions and acting on them, and less time gathering data and massaging disconnected spreadsheets

90%

REDUCTION

in the time spent generating cost reports.

DRAMATICALLY

improve forecasting accuracy.

THE PILLARS OF KEEPING YOUR BUDGET ON TRACK

InEight provides an auditable cost control process that connects directly to related functions such as estimating and field data capture, and change order management.

BUILD

Create a baseline budget directly from the original estimate and easily manage changes to the budget over time.

CONNECT

Collaborate with project stakeholders to deliver the most accurate forecast.

INNOVATE

Integrate with ERP and scheduling systems to keep project budgets and forecasts aligned with other corporate systems.

"The benefit of having data from multiple systems in one data library is huge!”

Nathan Kitzman
Senior Project Controls Estimator | COMED

Features

Manage a project’s budget using an intuitive cost breakdown structure (CBS) appropriate for the project, while still supporting an account code structure required for corporate financial reporting
Turn your estimate into a budget that’s organized in a logical cost breakdown structure and maintain all assumptions such as resource rates, labor and equipment hours, productivity assumptions and more
Manage changes to the current budget using built-in tools to easily process budget moves, quantity changes and contract changes
View current commitments, percent complete and actual costs to date for any budget line item, along with any pending or approved changes
Build bottom-up forecasts by estimating resources and hours for remaining work