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Glass Buildings

COMPASS COST MANAGEMENT SYSTEM

Compass Cost Control Program

Milne Construction Consulting's cost control system, Compass, offers a comprehensive cost control system for use on construction projects. The program breaks down the costs for the entire project into a simple, readable table which can be constantly tracked against the original budget. The program can be updated month-to-month with forecasts and as costs are incurred, assisting you in keeping your project within budget and in control for its entire duration.

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FEATURES OF COMPASS (click for more info)
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FUNCTIONALITY OF COMPASS

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  • Cost code allocation system allows for clear breakdown of costs.

  • See which areas of your project you are leaking money in.

  • Constant flexibility of changing and adding cost codes which you require.

  • Allows for forecasts, commitments, subcontracts and actual costs to be tracked against the original budget.

  • Handle and reflect variations on a Head Contract and Subcontract level.

  • Update your budget easily as the project changes.

  • Can split your preliminaries costs from construction specific costs.

  • Subcontractor module tracks each individual subcontract.

  • Actual costs module allows for compatibility with your company's accounts system.

  • All presented in a simple Summary Report for ease of interpretation.

  • Can track potential risks and opportunities and their likelihood to give a range of outcomes and their probabilities.

  • Forecast your initial cash flow of the project and track the ongoing cash flow throughout the duration of the project through the Cash Flow module.

  • Easy printing templates which are filled automatically based off your reporting.

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