Cost Management

Cost Management

Power + Flexibility = ROI

Combining the flexibility and ease of use of traditional project cost management with powerful features usually found only in enterprise accounting systems, PMWeb Cost Management is the platform you need to manage costs – from your smallest project to the largest. Highlighting the module are Cost Worksheets: user-definable, printable spreadsheets within PMWeb that display cost information the way you want to see it – and each automatically includes full drilldown capability, all the way to the transaction level. Create system worksheets to share across projects or create project-specific ones as needed. Advanced but easy-to-use budgets, contracts, commitments, invoices, funding and change management add up to the complete package.

Highlights

• User-defined cost worksheets with drill-down to transaction level
• Funding by portfolio and project
• Itemized forecasting
• Multiple methods for creating cash flows
• Flexible change management process
• User-defined budget code structure with any number of code levels
• Enter production records (work completed) against contracts, commitments and companies
• Import actual costs to requisitions with the click of a button
• Budget requests let your budgets evolve while retaining transactional history
• Use journal entries to adjust any cost amounts. Route for approval using Visual Workflow.