The success of any project requires an accurate and up-to-date forecast. Business agility is greatly enhanced when all the parties involved in a project know how the project is developing; project members can better assess their ability to meet deadlines and decide what resources need to be allocated.
CMiC Forecasting integrates financial, current and future project forecasting, eliminating wasteful steps and improving accuracy. Project Managers in the field use CMiC Forecasting to gather data and enter it into the system while back at the office, project executives have immediate access to the data and can make decisions that speed up the approval process. Financial Managers, given real-time access to information, can make revenue adjustments decisions with an increased level of confidence. Executives develop a complete picture of a given project's progress as well as a better sense of the feasibility of future projects.
CMiC Forecasting is integrated into the enterprise, and when combined with the project-wide access to real time data that CMiC Project Controls provides, CMiC Forecasting optimizes forecasting decisions, reduces processing time from weeks to months, improves project risk management and increases profitability.
CMiC Forecasting is the most powerful forecasting tool ever designed for the construction industry, and allows users to generate precise, reliable forecasts that can be used to identify red flags and head off future problems.