Mpower Cost & Budget Control Software

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Mpower's Cost and Budget Control software helps project-based organizations define budgets top-down or bottom-up using data entered during planning and estimating.

Using Mpower, teams can maintain complete control of cost (internal), price (external revenue), and hours, including variations and change order information.

Why Use Mpower Cost & Budget Control?

Mpower-Cost-Management-Dashboard-Programme-Cost

Create accurate budgets using connected, real-time data

Get control of project costs

Leverage daily earned value data to understand cost performance

Empower teams with a central source of reliable data that informs actions and decisions

Reduce budget creation and maintenance time

Gain insight on work scope changes and budget impact

Analyze budget performance using project snapshots

Mpower Cost & Budget Control Capabilities

Create, maintain, and track the progress of project budgets.

Create Smart Budgets

Establish cost, revenue, and quantity budgets
Create budgets based on estimates entered during the planning phase
Generate budgets from existing lower-level WBS information
Achieve granular control using work sub-categories such as labor, materials, subcontractors, etc.
Automatically phase budgets over time with the added option to apply standard profiles thereby distributing the amounts in recognition of the expected spend

Manage Change Order & Variations Impact

Automatically apply change orders to the respective budget impacting either the current budget position or the forecast budget position, depending on the change order status
Manage project contingency and budget drawdown using the change order process

Maintain Budget Over Lifetime

Automatically maintain original budget amount, current budget (including approved change orders/variations), and a forecast budget position
Update budget with actuals, accruals, VOWD, and progress measures

Track Budget & Cost Progress

Baseline budgets for comparison and reporting
Automatically calculate all industry-standard earned value metrics and KPIs
Include all relevant scheduling data during budget updating process and the forecasting of project budgets is automatically re-spread over the latest project scheduling dates
Summarize periodic actuals to relevant budgets allowing remaining value to be re-forecast and providing visibility on cash flow projections across the life of a project

Mpower Cost & Budget Control Software

Mpower's Cost and Budget Control software helps project-based organizations define budgets top-down or bottom-up using data entered during planning and estimating.

Why Use Mpower Cost & Budget Control?

Create accurate budgets using connected, real-time data

Get control of project costs

Leverage daily earned value data to understand cost performance

Empower teams with a central source of reliable data that informs actions and decisions

Reduce budget creation and maintenance time

Gain insight on work scope changes and budget impact

Analyze budget performance using project snapshots

Mpower Cost & Budget Control Capabilities

Create, maintain, and track the progress of project budgets.

Create Smart Budgets

Manage Change Order & Variations Impact

Maintain Budget Over Lifetime

Track Budget & Cost Progress

Are you Ready to Get Control of your Project Costs and Budget?

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