InEight Control
Get a more accurate picture of your project’s health based on actuals received from the field and/or your financial system. Create a construction budget directly from your estimates and accurately forecast remaining work based on a variety of real-world methods.
Benefits
Rely on InEight Control to identify areas for immediate corrective action to stay on time and on budget with complete control of your project performance.
- Gain a 360-degree view into the financial health of a project’s budget
- Manage costs, man-hours and productivity data in real time
- Remove guesswork and understand your project’s true percent complete
Common Challenges
For Owners
For Contractors
Immediate insight into your project progress
Automate the tracking of Earned Value Management based on actuals, providing a live percent complete status of your projects.
Stay ahead of project delays
Access real-time construction budget and performance data to stay ahead of project delays and mitigate cost overruns.
Compare actual costs and man-hours
Compare actual costs and man-hours incurred, instantly identifying project areas at risk.
Live forecasting for quicker adjustments
Identify trends using live forecasts to make critical adjustments earlier in project execution.
Compare actual costs and man-hours
Compare actual costs and man-hours incurred as the work happens in the field.
Make quicker adjustments
Identify trends that require course correction earlier in the project execution phase.
Daily quantity reporting
Automatically see percent complete and updated forecasts based on daily quantity reporting.
See progress in real-time
Get real-time visibility of progress and productivity in the field to facilitate more timely billing.
Get more from your historical data
Use historical data to learn from past results and update benchmarks for future estimates.
FAQ
Construction budgeting software with historical benchmarking features allows users to review history to determine the most likely cost of performing the same type of work in the future. Certain variables such as project type, quantities, client, etc., are all considered when performing historical benchmarking. Effective benchmarking allows for rapid retrieval and analysis of similar past costs and productivity measures.
Project changes are inevitable and can end up with owners and/or contractors experiencing unplanned expenditures. Construction budget management software clearly identifies out-of-scope items, and allows for an approval process to occur, which incorporates these changes into the project’s working or current budget. Current budget values can be easily compared with original budget values to pinpoint those areas where changes occur.
Related Integrations
Training and Support
Whether it’s product on-boarding, training or technical support, InEight offers a wealth of services to assist you with construction budgeting:
- Structured services delivery program
- Global product support
- Education and training