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Forecasting

Your budget is the starting point for costs to begin accruing but you’ll always want to know where your project is likely to finish. The detailed cost forecasting system allows you to predict future cost and add it to what you’ve spent to forecast the project outturn.
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Financial > Forecasting

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Overview

Set budgets, control expenditure, predict future costs and record them as they occur. CDMChief provides complete financial transparency allowing you to stay in control of cost at all times. Export data into your accounting package to eliminate errors and avoid duplication of effort.

Budget

Convert your estimate into the project budget at the touch of a button. In common with all other financial data the budget is based on work breakdown structure allowing you to subdivide areas of work to maintain tighter control on project expenditure.

Costs

Controlling cost is one of the most challenging aspects of managing your project. CDMChief helps to remove the latency in cost capture by recording it as it happens putting you firmly in control and giving you the information you need to make timely decisions.

Estimating

Keep all of your estimates in one place and build your cost model of commonly repeated work. Start from scratch and build your estimate of costs for labour, plant, materials and subcontracts, or use CDMChief’s copy functions to generate your estimates and quotations in a matter of minutes!

Invoicing

Producing invoices on CDMChief couldn’t be simpler. The ability to predict your expenditure with profiled claims coupled with instant visibility of your up to the minute cost information means you’ll always know what you need to claim to stay in control of your cash flow.

Procurement

CDMChief’s procurement system allows you to create your material, plant and subcontract orders so you’ll always know what you’re committed to. With your orders in place you’ll have somewhere to post and process payments to your supply chain.
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