• cost control
  • Get a grip on cost, eliminate guesswork and use real-time current data to instantly generate cost reports!

  • Key Functionality

    • Controlling budgets
    • Controlling commitments
    • Forecasting cost and cash flow
    • Controlling changes
    • Tracking and reporting cost to date and per period
    • Using Earned Value Methodology
    • Maintaining audit trail for all transactions
    • Flagging all Deviations


Say goodbye to electronic spreadsheets for cost control and cost reports that tell you what happened a month ago! With OnTrack Project Manager, you have a tool developed specifically for this industry and reports that reflect the current project status.

Testimonials

“OnTrack Project Manager saves you engineering time as the information is always current and readily available. There is no limit as to the size of project that OnTrack PM can handle!”- Dale Eirich, B. Admin., Procurement Manager, Worley Parsons MEG

Screenshots

  • Summary Cost Report

    cost report by item The summary cost report can be sorted by nine different work breakdown structures, in short or long versions and on standard or legal paper. The multiple breakdown structure allows each stakeholder to view the cost report in their own format. Clients will view the cost report by their AFE code; engineers will view it by item; construction managers will view it by cost type and contracts.

  • Summary Commitment Report

    cost commitment report image The summary commitment report is used for providing regular project procurement reports. It provides a list of all issued purchase orders and related commitments. It shows what is invoiced, approved, paid, withheld and amounts outstanding. You can sort by PO or vendor. A variation of this report is the detailed commitment report, which can be printed for specified periods of time and provides in-depth information on all PO items committed individually by work breakdown or cost codes. You can sort by area, discipline, item, type, area client codes and vendors. You also have the option of viewing the data indexed by requisitions or invoice number.

  • Trend Report

    trends and scope changes image The trend and scope changes report lists all issued, pending, approved and rejected trends. A variety of sorting and filtering options also exists for this report.

Benefits

  • Learning new coding for each project is not required
  • Define eight independent work breakdown structures, each with many sublevels
  • Combine projects in a portfolio, even when using different currencies
  • Prepare cost control reports by actual transactions or by accruals
  • Create, format and save your own cost reports
  • Issue group trends and scope changes with multiple cost codes
  • Transfer costs between accounts
  • Use suspense accounts for bulk material
  • Forecast project’s cash flow accurately
  • Document every transaction and forecast
  • Upload budget estimates from spreadsheets


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Learn more about improving project efficiency with OnTrack Project Manager: contact us.