COMPASS COST MANAGEMENT SYSTEM
Compass Cost Control Program
Milne Construction Consulting's cost control system, Compass, offers a comprehensive cost control system for use on construction projects. The program breaks down the costs for the entire project into a simple, readable table which can be constantly tracked against the original budget. The program can be updated month-to-month with forecasts and as costs are incurred, assisting you in keeping your project within budget and in control for its entire duration.
FEATURES OF COMPASS (click for more info)
FUNCTIONALITY OF COMPASS
-
Cost code allocation system allows for clear breakdown of costs.
-
See which areas of your project you are leaking money in.
-
Constant flexibility of changing and adding cost codes which you require.
-
Allows for forecasts, commitments, subcontracts and actual costs to be tracked against the original budget.
-
Handle and reflect variations on a Head Contract and Subcontract level.
-
Update your budget easily as the project changes.
-
Can split your preliminaries costs from construction specific costs.
-
Subcontractor module tracks each individual subcontract.
-
Actual costs module allows for compatibility with your company's accounts system.
-
All presented in a simple Summary Report for ease of interpretation.
-
Can track potential risks and opportunities and their likelihood to give a range of outcomes and their probabilities.
-
Forecast your initial cash flow of the project and track the ongoing cash flow throughout the duration of the project through the Cash Flow module.
-
Easy printing templates which are filled automatically based off your reporting.