Take Control of Project Performance

Cost Management will help to forecast, understand, and constructively influence the time and cost outcomes of a project.

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The focus is on the future, not just the past, providing opportunities to take action before cost overruns occur.

The system utilizes well-known processes for planning, estimating, budgeting, managing, and controlling costs. These processes enable standardization across all projects within the company, providing a solid foundation for project and portfolio reporting.

Facilitate Proactive Decision-Making Throughout the Project

Earned Value Management
Scope and Change Management
Baselines
Forecasting

Continuously Updated Forecast on Project Outcome

  • Increased focus on performance and forecasting to lower overall business expenses. 
  • Gain information to take mitigating actions to enhance efficiency.
  • Help utilize the company's funds in the best possible manner.
  • Examine project and portfolio performance.
  • Gather all project cost management in one system.

Standardize Cost Management

  • Use built in processes to standardize cost management for all projects.
  • Standard built in reports and pivots.
  • Track potential and actual changes to control estimates.
  • Enabling the use of status reports for projects and portfolios.
  • Manage costs to meet industry standards (incl. ANSI/EIA-748 and PMI Earned Value Management Practice Standard).

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Get to Know Your Product Manager

Tobias Sætre

Tobias Sætre

Tobias Sætre started at Omega 365 in 2019. He holds a degree in computer engineering from the University of Stavanger (UIS). Initially working from the Ølensvåg office in Norway for the first seven months, he then moved to the Stavanger office in Norway before recently returning to Ølensvåg. Sætre has been involved in developing modules for the CORE system and has also participated in various implementation projects.

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If you’re interested in learning more about Omega 365’s solutions or would like additional information, feel free to reach out to us.

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