Budgeting always comes as a major challenge for construction companies in the project execution. This can be easily noticed when you have a deep insight into the general scenario of the construction industry.
If present market is to be considered, most of the companies make use of finished rates especially from the Government’s Standard Schedule of Rates (SSR) without calculating volume of resources involved. This unfortunately gives little scope to manage resources without analysis. Even if someone tries to work it out, that may take not less than weeks and months. Seemingly this is a cumbersome activity eating away hundreds of man-hours. At the same time, this cuts short working span of Engineers making it difficult to estimate direct/indirect cost of a project.
Here is a solution. The ‘AEC Budget’ as an innovative budgeting tool that helps the user to estimate the resources under project execution, making it to plan by extending tight integration to MS Project. The tool helps in managing critical and accurate inputs like resources and utilization of the same with optimum usage, with optimization.
‘AEC Budget’ is fully integrated with AEC-ERP as core part of major production and planning system enabling the enterprise performing the project to have entire budgetary controls, established among other business functions.
|A break through technology also known as Q-Scheduling ever built by anyone for Project Budgeting & Scheduling being released by mid of Nov 2013 |