It’s not enough to perform project work with excellence, costs must also be proactively managed.Project managers and business executives require reliable cost forecasting, enabled by insight into actuals to date, changes, trends, and risks over time. Executives must also be mindful of future capital needs, foresight requiring comprehensive, accurate reporting and analysis.
Funds management is especially important for capital projects, each of which can have multiple funding sources, where each source has its own unique management rules. Careful management of each funding type is necessary to avoid project delays, penalties, and funding termination.
Gaea knows that all of this information must be managed on an individual project basis, and across your organization’s entire portfolio of projects and contracts.
Our cost controls team has extensive, intimate experience with the specific processes that your business depends on every day. We analyze what you’re doing now, what’s working well (and what isn’t), and we recommend best practices for moving forward with maximum efficiency and minimum risk. Our ability to comprehend and assess your organization’s unique processes and needs is unparalleled, and enables us to quickly deliver a tailored-fit solution.
Gaea recommends Oracle Primavera Unifier Project Controls for cost controls and more. Unifier Project Controls is a powerful, easy-to-use solution for managing project portfolios, controlling costs, and managing collaboration and communication across projects. The portfolio management provides planners and project execution personnel a common platform for the collaborative management of project portfolios to ensure the most efficient use of capital funds. Cost management provides automation, flexibility, and the power to handle the most complex cost control, cash flow, and fund analyses. Project collaboration provides configurable business workflow to capture and record all aspects of documentation required during project execution.