Understanding Construction Cost Control
Construction cost control involves managing your construction expenses to boost profit. It begins with accurate and profitable estimating and concludes with paying subcontractors.
Managing subcontractors is crucial as head contractors need to gather tenders, monthly progress reports, and cost documents based on cost codes.
Think of it as encompassing all processes involving construction cost codes, excluding accounting.
Cost control can be managed through various means (paper & pencil, Excel, specialised software, etc.), but using specialised cost control software offers clear advantages.
Benefits
Determine project profitability before completion
Save 3-5 days per month per quantity surveyor
Standardise processes and ensure compliance
Identify estimating and design errors
Eliminate manual calculations and copy-pasting
Prevent oversights
Construction Cost Control Software Buyer’s Guide
About the guide
This free guide provides an overview of the benefits of construction cost control software and how it delivers them.
It’s designed for head contractors managing large-scale construction projects.
Even if you’re not currently seeking cost control solutions, it will help you streamline your processes.
Additionally, it includes a detailed overview of potential features and their objectives.
Table of contents
- What Is Cost Control Software And Why Use It?
- How To Assess Your Company’s Maturity
- On-Premise vs Cloud Software
- Communication & Integrations
- Estimating
- Bids Management
- Budget Management
- Contract & Variation Management
- Subcontractor Progress Reporting
- Cost Documents Management
- Cost Forecasting
- Cash Flow Tracking
- Subcontractor & Contact Management
- User Management
- Security
Free download
Planyard contractor software helps ambitious teams smash their targets and accelerate their growth.
- No more spreadsheets
- Saves project managers’ and QSs’ time
- Easy to implement and use
- Real-time and accurate financial forecasts
- No more duplicate data entry
