Integrated Project Controls are critical in todays’ challenging market
I had an interesting conversation at the networking evening hosted by the Project Controls Institute in Melbourne recently. Chatting to one of the team members from the Melbourne Westgate Tunnel Project, he mentioned that the cost of steel had increased by 100%, noting that such increasing materials costs cause a sharp increase in revenue …. but not profit.
It reminded me how important it is in todays’ volatile market that contractors have Construction Management Software integrated with their Accounting Software, so that project budget and cash flow forecasts are available in real time.
We still encounter otherwise sophisticated companies who rely on a sea of excel spreadsheets. In addition to the obvious productivity challenges of this approach, the lack of central real time reporting is very risky.
IPM is a Microsoft Power Apps solution delivered on the Microsoft Cloud leveraging development and interoperability with Microsoft 365 to provide Construction Management including Cost and Document Control,?HSEQ,?Purchasing, Equipment and Resource Management. IPM integrates with more than a dozen widely used ERP (accounting) packages to provide real time budget and cash flow forecasts.
If you would like an obligation-free one-on-one online presentation drop me a line at?[email protected]?- discover the power of IPM and find out why our customers tell us that IPM has much more functionality and flexibility than our competitors (yes even the really expensive ones).