Get Real-Time Schedule and Cost Synchronization
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The new 4castplus real-time integration with Microsoft Project brings seamless, One-Touch connectivity between cost and schedule. With a fully cost-loaded schedule that includes budget, actual costs, work progress and earned value metrics, project managers achieve complete project control.
Calgary, Alberta March 19, 2013
4castplus today announced the release of the highly anticipated Live-Link with Microsoft Project. With the new Project Live-Link, project managers can make time and cost changes on the fly, then synchronize budget and schedule in a single click. Many companies large and small depend on MS Project for critical project scheduling activities. They also depend on 4castplus for critical project cost management software solutions. These can now be combined together in a live synchronization to enable the best of both worlds.
There’s no single software solution on the market that can do an effective job of managing project schedule and project costs all in the same tool. With the new Microsoft Project Live-Link from 4castplus, both are now integrated in a highly-connected real-time environment. Organizations can finally eliminate the cluster of wasteful spreadsheets and the need to copy data from one place to the next. Both 4castplus and Microsoft Project can be open at the same time and changes are updated in real-time.
Even without MS Project, 4castplus merges budget with schedule to deliver planned value vs. actual cost vs. earned value on a real-time basis. 4castplus, however, can’t match the full scheduling power of MS Project, and MS Project can’t match the project cost control and cost management power of 4castplus. What this scheduling live-link provides, is the next tier of power for project managers to achieve total control of both schedule and budget – all synchronized together.
In a single click, 4castplus users can:
- Sync schedule changes into 4castplus to see time-cost effects on estimate cash-flow line. View updated forecast spend report, WIP report and resource utilization reports in 4castplus.
- Sync estimate changes from approved change orders from 4castplus into Microsoft Project
- Automatically update actual costs from the 4castplus project cost tracking systems into Microsoft Project for real-time actuals against schedule
- Auto-update forecasted Earned Value metrics from 4castplus into Microsoft Project to get a full earned value management picture against schedule
- Auto-update resource assignments into Microsoft Project
“Time and Cost on any project are the two biggest factors influencing a successful outcome,” said Chris Ronak, CEO of 4castplus. ”The 4castplus Microsoft Project Live-Link brings this harmonious relationship to a whole new level. To stay in control of a project, any manager needs to answer ‘what’, ‘when’ and ‘how much’ on any given day. Otherwise, they are effectively working in the dark.”
For more on the 4castplus Microsoft Project Live-Link, click the following link: http://4castplus.com//4castplus-microsoft-project-live-link/
”’More on 4castplus”’
4castplus is the first web and cloud-based solution to offer total real-time Project Cost Management in a single powerful software tool. With its performance-driven features, 4castplus delivers a centralized and streamlined solution to Construction, Energy, Utilities and EPC organizations. Features that include: Estimating, Time-Phased Budgeting, Change Management, Procurement, Contract management, Real-time Project Tracking & Reporting for LEM, Purchase Order Management, Cash-Flow Reporting, Customer Invoicing, Document Control, Schedule Integration, and Forecasting for Earned Value Management. 4castplus helps companies around the globe get better project results while enhancing their competitive edge. All at a low total cost of ownership that delivers up to 30 times ROI. For a quick tour of features, visit the 4castplus Quick Tour.
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