What Is Construction Cost Control?
Construction cost control involves managing your construction expenses with the aim of increasing profit. It begins with estimating (ensuring estimates are accurate and profitable) and concludes with paying subcontractors.
Managing subcontractors is a significant aspect, as main contractors need to gather tenders, monthly progress reports, and cost documents based on cost codes.
Another perspective is that it encompasses all processes involving construction cost codes (excluding accounting).
Cost control can be executed through various means (paper & pencil, Excel, specialised software, etc.), but there are clear advantages to using specialised cost control software.
Benefits
Know whether a project makes a profit or not before it finishes
Save 3-5 days per month per quantity surveyor
Standardise the processes and ensure compliance
Detect estimating and design errors
Eliminate manual calculations and copy-paste
Prevent things from slipping through the cracks
Construction Cost Control Software Buyer’s Guide
About the guide
This free guide provides an overview of the benefits of construction cost control software. Equally important, it explains how these benefits are delivered.
It is designed for main contractors managing large-scale construction projects.
Even if you’re not currently seeking cost control solutions, it will offer insights into making your processes more efficient.
Additionally, it includes a detailed overview of all potential features and the objectives of each functionality.
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
- Tender 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
hbspt.forms.create({ portalId: “4963994”, formId: “5dc63c68-0796-4789-93ac-9d26427cf303” });Planyard contractor software helps ambitious teams smash their targets and accelerate their growth.
- No more spreadsheets
- Saves quantity surveyors’ and QSs’ time
- Easy to implement and use
- Real-time and accurate financial forecasts
- No more duplicate data entry
