UC-512
Forecast Project Cost Forecasting to protect margin and reduce cost
Fills the Controls page in AUDUBON LENS: every project, its real progress, and the one that will overrun.
TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue
The Challenge
The opportunity is to eliminate Percent complete that means nothing, an overrun found at the close out, and three versions of the same status. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.
How It Works
- One engine joins the schedule, the hours booked, the deliverables issued, the changes raised and the invoices sent, for every live project.
- It forecasts the finish date and the final cost from progress actually recorded rather than from percent complete typed in.
- It shows which project will overrun while there is still time, and names the owner of each recovery action.
What It Removes
- Percent complete that means nothing
- An overrun found at the close out
- Three versions of the same status
Input Data RequirementsQuotes, estimates, contracts, cost history, labour and material rates, actuals and win-loss outcomes
Output FormatDashboard showing every project, its real progress, and the one that will overrun.
“I see the project going wrong while I can still do something about it.”