Project controls serves as the real-time link between planning, on-site activities, and the world of accounting. This critical connection ensures that project costs and schedules remain appropriate while providing management with an accurate, up-to-date assessment of project status and requirements.
However, implementing effective project controls is notoriously challenging, as it demands a deep understanding of both field activities and cumbersome accounting systems. Furthermore, many contractors struggle to connect data systems across stakeholders, leading to project controls being too time-consuming and labor-intensive to implement effectively.
A modern project controls software is specifically designed to overcome these challenges. By leveraging untapped sources of data, a modern platform creates a self-reinforcing project data environment that connects your data systems, enabling you to efficiently plan and track project costs and schedules in real-time.