Project Reporting

Financial reporting is offered to you in a number of styles as we appreciate each company has preferences with monthly reporting and want to look at numbers in alternative ways.

  • Commitments
  • Forecast
  • Work In Progress
  • Risk and Opportunity

The primary project screen view is based on commitments.

  • Budget (original budget)
  • Client Variations (regardless of status)
  • Revised Budget (original plus variations)
  • Subcontractors (contracts let)
  • Subcontractor Variations (regardless of status)
  • Purchase Orders (regardless of status)
  • Stock Transfers (stock transferred to the project)
  • Standing Order Balances (balances remaining on SO’s)
  • Labour (all time entered and the recovery values)
  • Internal Plant (plant transferred to the project)
  • Cost to Complete (est cost to complete or default)
  • Forecast Final Cost (commitment & cost to complete)
  • Variance to Budget (budget – forecast final cost)

The committed cost schedule gives you the best information available on the day and is based on commitments made by the company regardless of status. The R&O summary factors into the project forecast.

Our experience in the construction industry provides a strong insight into the reporting requirements of main contractors and subcontractors of all types and sizes.

There are a wide range of reports to suit most requirements, these reports are a mixture of traditional project financial reporting through to reports that combine operational information such as RFI’s, flags, compliance, ratios, delays etc.

Other functionality within this module includes:

  • Risk and Opportunity
  • Retentions Owing Summary (liability)
  • Retentions Held Summary (asset)
  • Committed Cost Schedule
  • Monthly Report
  • Work in Progress
  • Service Job Performance

To drill down on information just click on the number and a popup will show you where the information comes from. For example if its a variation you will see the number, date, subject, value and approval status.

The risk and opportunity process is powerful and really helps the team to pragmatically identify potential for savings and overruns.

The report focus is to give you a feel and flavour for a project and not just the numbers.