Top-down Planning Saves Time and Money
Faced with a list of project opportunities but no good way of prioritizing them or even figuring out which ones you can afford or make a profit on? Have a pool of funding but no plan for how to spend it? PMWeb’s revolutionary Plans module gives you the tools you need to create a plan, automatically generate the records you need to execute it, carefully monitor each project and, perhaps most importantly, learn from your experience because all of this is done within a single platform.
CapEx Master Planning
Estimating
Easy push-button generation of scope, budget, schedule, and funding from approved initiatives.
Top-down Planning Saves Time and Money
Faced with a list of project opportunities but no good way of prioritizing them or even figuring out which ones you can afford or make a profit on? Have a pool of funding but no plan for how to spend it? PMWeb’s revolutionary Plans module gives you the tools you need to create a plan, automatically generate the records you need to execute it, carefully monitor each project and, perhaps most importantly, learn from your experience because all of this is done within a single platform.
The Plans Module Features:
CapEx Master Planning
Top Down, Portfolio Planning
Easily create 5, 10, 15, 20+ year master plans. Line up planned initiatives with specific funding sources and drawdown from a common funding pool. PMWeb allows you to manage, monitor, evaluate, and report on funding across portfolios, programs, and projects with easy drill-down capabilities.
Tie Rapidly-Created Conceptual Estimates to Planned Initiatives.
Create initiative budgets by entering a few basic parameters, such as type of structure, square footage, and the number of floors.
Estimating
Easy push-button generation of scope, budget, schedule, and funding from approved initiatives.
Online Bidding & Procurement
PMWeb Online Bidding and Procurement make purchasing easy and efficient. Furthermore, because they are part of the all-in-one PMWeb application they are the first two links of a chain of records that eliminates duplicate data entry and provides an unbroken audit trail.
Generate bid documents contracts and PO’s
Use powerful and easy merge to Word and Excel features to create:
Invite Bidders
Sometimes, the most difficult task in purchasing is determining which of your vendors are qualified to bid on a procurement record. PMWeb provides several powerful tools and techniques to make inviting bidders easier and more efficient.
Collect bids
The Online Bid record is where the bidder can do their data entry in a secure web environment.
If you are using the PMWeb Visual Workflow, as Online Bids are submitted, bid managers can be notified automatically by email.
Manage Bids
Use unlimited bid revisions to track design changes, alternates, and options.
Monitor and control the revision history of your bidding process. Create an unlimited number of bid revisions per Procurement and issue revisions bidder by bidder or in groups.
Analyze Bids
Tools in both the Procurement record and the Online Bids let you analyze each bid on its own merits as well as side by side with each of its competitors.
Award Bids
Awarded bids automatically issue as commitments in Cost Management, where you can generate contract documents, manage change orders, and collect and pay invoices. Best of all, PMWeb allows you to accomplish this without duplicate data entry and with a complete audit trail.
Related Articles
How a Project Management Information System Helps PMOs Jump Stat the Implementation of the PMI PMBOK® Processes
How Master Real Estate Developers Use Advanced Work Packaging to Ensure Successful Program Delivery
