A project is not controlled by one report. It is controlled when budget, commitments, production, costs and receipts tell the same story, with clear dates and owners.
The commercial bid, delivery budget and cost structure do not always share the same detail. Before work starts, agree chapters, cost codes, units and cost centres so procurement and production can allocate consistently.
An accepted order or signed subcontract already affects the outcome even before accounting receives an invoice. Control needs to show budgeted, committed, received and posted amounts, and explain the differences.
Timesheets, measurements, valuations and forecasts need the same cut-off date. Management can then distinguish a real variance from an administrative delay, while the site manager can still act.
Tell us how you work and what you would like to change.
At CADT, we help you decide where to start.
