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Project Controls & Cost
Management Software

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What is Mpower Project Controls?

Mpower is purpose-built project controls and cost management software designed to help project-based organizations manage project cost, progress, time, change, and commercial information. 

It supports planning through execution with connected workflows for time writing, estimating, budgeting, invoicing, procurement, forecasting, and performance measurement. Unlike a generic finance or scheduling system, Mpower brings these controls together in one governed environment for better visibility and traceability.

Mpower is purpose-built project controls and cost management software desired to help project-based organizations manage project cost and support planning through the project lifecycle.

 

Mpower project controls and cost management software is used by project-based organizations to gain control over cost, progress, and commercial performance across complex projects.

Who uses Mpower?

 

Mpower is used by project-based organizations that need tighter control over cost, progress, and commercial performance across complex projects. It’s particularly relevant when schedules, budgets, labour hours, procurement, and revenue data must stay aligned across multiple teams and systems. 

 

 

  • EPCs
  • Owner/Operators
  • Engineering firms
  • Contractors
  • Service companies
  • Project delivery orgs
  • Project managers
  • Project controls teams
  • Cost controllers
  • Commercial managers
  • Planning & estimating teams
  • Procurement teams
  • Finance & billing teams

What problems does Mpower Project Controls help teams solve?

 

Complex projects create pressure from every direction. Cost data, schedules, timesheets, procurement activity, and commercial information often move through different teams and systems. This makes control harder, especially when decisions need to be made quickly.

 

  • Limited cost and performance visibility - Teams lack visibility into budgets, actuals, forecasts, and earned value across the project hierarchy, which makes it harder to spot performance issues early.
  • Fragmented project data - Important project information is spread across ERP systems, scheduling tools, payroll processes, and local spreadsheets, which increases manual reconciliation and the risk of error.
  • Slow invoicing and period close - Manual processes delay time writing, invoice preparation, and period close, which can slow cash flow and reduce confidence in financial reporting.
  • Difficult change control - Responsibilities, approvals, and commercial changes can be difficult to track consistently, which creates risk around change orders, valuations, and profitability.

  • Gaps between systems - Generic systems may handle part of the process but do not support the full project controls discipline, leaving teams to manage critical gaps outside the system.
  • Inconsistent coding and structures - Disconnected data makes it difficult to compare hours, costs, progress, and schedule information, which weakens forecasting.
  • Weak visibility into commitments - Procurement commitments and supply chain costs are not always visible at the right level of detail, which limits control over spend and back charges.
  • Low confidence in forecasting - Leaders cannot confidently determine likely project outcomes when labour, cost, revenue, and progress data are not aligned in one place.

Mpower project controls and cost management software help teams solve problems including limited cost and performance visibility, fragmented project data, slow invoicing and period close, and more.

What benefits do major projects get from
Mpower Project Controls and Cost Management?

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    • Enable timely and granular time writing

    • Manage costs and optimize project spend

    • Ensure accurate and swift accounts payable and receivable

    • Improve visibility to make informed decisions

    • Measure and analyze budgets, actuals, and forecasts

    • Manage change requests and cost growth
Why do projects choose Mpower Project Controls Software?

Mpower is purpose-built for project-based environments where cost, progress, and commercial controls must work together. Unlike a generic finance platform or a standalone scheduling tool, it supports specialized project controls workflows with the structure, traceability, and integration needed for complex delivery.

  • Combines project controls and dedicated cost management capabilities in one environment

  • Supports time writing, estimating, budgeting, invoicing, procurement, forecasting, and performance analysis across the project lifecycle

  • Integrates with ERP, payroll, and scheduling systems so project teams can work with more consistent data

  • Provides complete visibility across labour hours, costs, revenue, progress, and commitments using aligned coding and structures

  • Supports control of internal cost, external price, and hours, including phased values over time

  • Helps teams track and report change through structured variations and change orders

  • Scales through modular deployment, allowing organizations to implement the capabilities they need and expand over time

  • Reduces human error by supporting single data entry across connected project control 

 

Case Study

 

Read our case study to find out how an EPC contractor streamlined time tracking for over 5000 personnel and equipment items using Mpower.

Mpower Streamlines Time Tracking for 5000+ Personnel and Equipment on Major Oil & Gas Project

 

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Why clients love Mpower

 

"The fact that we have only three quarters of a day to get invoices out at a month end, for the whole of the company, and we do it with one group, sitting here, speaks volumes for the efficiency of the system. So there are huge benefits. There’s nothing else out there that works quite like Mpower. SAP is good at the finance side, but not the project controls side. Maximo just does one thing. In my opinion Mpower does the whole lot."

 

-Project Services Manager with an international drilling engineering contractor

What are the key capabilities of Mpower Project Controls Software?

Mpower Project Controls and Cost Management Software provides projects with advanced tools to help keep projects on budget and schedule across the project lifecycle. 

Time Writing & LEMs

 

Whether collecting timesheets for labour, equipment, or materials (often referred to collectively as LEMs), Mpower gives complete control with multiple validation and approval stages available.

 

Actual hours data is available throughout your project hierarchy and easily integrated with third-party systems such as Primavera, Payroll, and ERP.

 

 

Collect productive and non-productive hours as well as overtime (multiple overtime types).

 

Timesheets can be entered by the individual or by a central timekeeper.

 

Learn More:  Mpower Time Management

Job Cards, Work Orders, CTRs, & AWP

 

Estimate and define work scope using Mpower Project Planning and Estimating software.

 

Job cards, work orders, engineering CTRs (Cost, Time, Resource), advanced work packing, and deliverable management are core applications that allow you to define your project in detail.

 

Make use of norms and templates to bring consistency to estimates and close the feedback loop with time writing that allows for actual hours to be reviewed against estimated hours. This provides continuous improvement and refined estimates for future projects.

 

 

Throughout Mpower, navigation links between dashboards, modules, and screens allows you to use the detail generated in planning to drive schedule and budgets.

 

Learn More:  Mpower Project Planning & Estimating Software

Invoices and Cost Management

 

Create invoices and project valuations based on structured, multi-level rates for timesheets plus chargeable procurement items, fixed price, and periodic elements.

 

Along with charge rates, Mpower also allows management of internal cost providing clear visibility of profitability across a project, work area, discipline, or any other metric you define.

 

Define Budgets & Manage Change Orders

 

Define budgets top down or bottom up using detail entered while planning and estimating.

 

Maintain complete control of cost (internal), price (external revenue) and hours. All phased over time, with profiles available, or spread as defined by underlying schedule data.

 

Variations and Change Orders allow review and approval of changes to scope and budget to be easily tracked and reported via original, current approved, value of work done, and forecast figures.

 

 

 

 

Periodic actuals summarise to relevant budgets allowing remaining value to be re-forecast - providing visibility on cash flow projections across the life of the project.

 

Learn More:  Mpower Cost & Budget Control

Earned Value, Productivity, Schedule Compliance

 

The tracking of earned value, productivity, schedule compliance, and best-in-class cost management practices are essential ingredients for successful project outcomes.

 

Mpower provides the management of labour hours as well as cost and revenue profiles, live and baselined, progress by period and cumulative, timesheets, accruals, procurement, and sales invoices.

 

 

 

 

 

All aligned using consistent coding and structures ensuring that you have all the required project productivity and performance information upon which an accurate forecast can be derived.

 

Learn More:  Mpower Productivity &  Performance Management

Supply Chain & Purchase Requisitions

 

Manage supply chain from purchase requisitions through supplier quotes, purchase orders, goods receipts, and purchase invoices.

 

See phased cost commitment levels, back charge relevant items to client, and even call off stock to work orders, job cards, and CTRs while planning and estimating.

 

Learn More:  Mpower Project Procurement

 

The Coreworx EDMS Connector makes it easy to integrate interfaces with documents on projects

Ready to Make Project Data Integration Easier? 

Major capital projects involve thousands of deliverables; including documents such as drawings, specifications, and datasheets, all of which are frequently revised. When these documents are associated with critical interface points and agreements between contractors, it is crucial that all parties have the correct document revisions and are alerted to changes. Using outdated revisions can lead to errors, misunderstandings, and project delays.

See how Coreworx EDMS Connector makes it easy to integrate interfaces with documents. 

Frequently Asked Questions

Ready to manage costs and optimize project spend?
Speak to one of our project control experts to learn how you can get started.
Request a Demo

Project Controls 101

 Looking to gain full visibility and control over your project’s cost, schedule, and performance? Or maybe you want to ensure your teams can forecast outcomes, manage change, and stay aligned from planning through execution?
 
If so, be sure to check out our Project Controls 101 page. Whether you're just starting to implement a system or optimizing your current processes, we have the tools and insights you need to drive better project outcomes with confidence and clarity.
 

 

Cost Management 101

Looking to take control of your project’s financial health and avoid costly overruns? Or maybe you want to forecast final costs with confidence and ensure every dollar spent is accounted for?

If so, be sure to check out our Cost Management 101 page. Whether you're just starting to implement a cost tracking system or refining your budgeting and forecasting practices, Mpower gives you the tools to manage budgets, track actuals, and optimize spend across the entire project lifecycle.