All the cost data generated from the various PMWeb cost management processes is automatically captured in a single repository known as the PMWeb Cost Ledger. This data is the basis for the connected cost reporting using the Cost Worksheet module which create consolidated financial reports to display the project’s real-time Read more…
One of the key challenges that face organizations involved in delivering construction projects is getting paid for completed and approved work in place promptly. Payment delays have a drastic effect on the project’s success and can lead to contract termination. The issue of delayed payments applies to both cases, payments Read more…
Whether the project control system (PCS) is being managed by the project owner or contractor, they both need to manage, monitor, evaluate, and report on the funding that has been authorized for the project. Funding can come from different sources depending on the funding recipient. The PMWeb funding module enables Read more…
