The Owner's Blueprint for Portfolio-Wide Cost Control

Details

All construction project owners are concerned with minimizing financial risk, controlling cost overruns, and ensuring project delivery timelines. The secret to achieving these goals lies in the connectedness and integrity of the financial data you receive. This webinar will introduce you to the Owner's financial ecosystem blueprint - a system that helps to confirm that the cost data coming from your GC or self-perform team is accurate, verified, and timely.

You'll learn how to...

• Take Control of Change Order Risk: Understand how a centralized cost management platform enforces consistency. See how change orders are verified against the budget and commitment at the source before they ever impact your bottom line, giving you greater control and reducing disputes.

• Ensure On-Time Delivery Through Financial Alignment: Learn how accurate, real-time cost forecasting allows owners to manage cash flow and progress payments more effectively, which are crucial factors in maintaining project momentum and hitting deadlines.

• Demand Data Integrity, Not Just Data Reports: Move past static reports. Understand the standards your stakeholders should meet to guarantee data integrity - meaning the costs approved by the project team are the exact same costs that hit the final invoice, ensuring your team is operating from a single, trustworthy financial truth.