Functioning at the core of CMiC Software, Project Costing combines data from all other CMiC applications to deliver to accounting and project management powerful information.
Project Costing assists in maintaining control throughout the life of a project, regardless of the complexity. With unlimited levels of information along with unlimited user-defined fields, complete flexibility in tracking jobs and projects coincide with your business needs. The system calculates costs at completion to identify potential cost variances when there is still time to take corrective action. Cost at completion estimates are calculated using estimated costs, percentage complete, quantities put in place, committed costs and actual costs. Or, project managers can enter estimated cost, hours, or quantities either to complete or at completion. This gives the operations people their means of projecting job costs while accounting maintains theirs.
Seamlessly integrated with all other CMiC modules, our Project Costing module allows users to review an up-to-date picture of the current cost status of each project at any time.