Rapport 3’s Project Costing module enables you to maintain your competitive edge by giving you an up-to-the-minute snapshot of how your projects are performing.
In conjunction with the other Rapport 3 modules, the Project Costing module informs you about critical business success factors, such as projects that will exceed budget, unbilled services, resource allocation, and much more, before they get beyond your control.
Functionality
Because the Project Costing module fully integrates with all other elements of Rapport 3 it is able to build a project cost based on staff costs, expenses and sub-consultants over the life of a project. Using this baseline, forecast profitability and achieved profit can be continuously tracked as staff enter timesheet and expense information. Simple monitoring tools enable Rapport 3 to warn you if your project is spending too much or if it is under-resourced.
An example of a Fee forecast/actual productivity graph from the project costings module.
Rapport 3 incorporates project information to give you a real picture of how your business is performing, as a whole or by any number of sub-divisions like sector or branch.
Benefits
Rapport 3 monitors profitability, resources and fee forecasts from individual projects to an entire organisational overview. The system can be applied to both work in progress and anticipated speculative projects alike.
Time-based costs, disbursements and fees are entered into the system, which then compares the original fee plan with the actual job costs to enable profitability, fee income and resources to be measured. Intuitive reports empower managers to make informed decisions based on real time information.
No matter where in the world your project is based, Rapport 3 can be kept up-to-date, ensuring you are always able to get an accurate picture of how your business is performing.
Features
- Timesheets
- Personal Expenses
- Project Expenses
- Sub Consultants
- Invoicing
- Budgeting
- Fee Planning
- Resourcing
- Actuals Analysis
- Forecast Analysis
- Reports