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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.

Gain visibility into real-time construction budget and forecast scenarios for complete control of your project

Construction Budgeting

Maintain multiple versions of your construction budget based on trends and change status. Automatically update budgets based on approved changes.

Forecasting

Create and compare forecasts for remaining work based on real-world forecasting techniques.

Earned Value Management

Identify trends requiring corrective measures within a single project, across groups of projects, or across all of your organization’s projects.

Workflow and Routing

Collaborate with project team members by acting on notifications and reviewing detailed audit logs. Track all changes made, who made them and when they were made.

FORECASTING
EARNED VALUE MANAGEMENT

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.

The benefit of having data from multiple systems in one data library is huge!

Nathan Kitzman - Senior Project Controls Estimator, ComEd

FAQ

How can my history help me with construction budgeting?

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.

What are some industry best practices for construction budget management?

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.

Recommended Products

Browse our products and choose which software fits your needs today, then easily add on offerings as your needs change.

Related Integrations

See All 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

InEight U Help & Support

Ready to Get Started?

Request your free, no-obligation demonstration of InEight’s construction budgeting software and get on the best path of construction.

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