CLIENT UPDATE

Harvest Partners completes Park Lane  Dallas projects

Park Lane is a 2.4 million square foot (spanning 5 city blocks) mixed-use development consisting of retail, restaurants and residential located in North Texas.

Harvest Partners, a Dallas-based developer has recently completed construction of this mega project. With 700,000 sq ft of Retail, 600,000 sq ft of Residential Units, and 800,000 square foot of Office Space, this $750 million sustainable urban village was supported by Projectmates to manage the entire construction project.
 

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Receive FREE Projectmates blogger t-shirt. Right now, if you visit our blog site and then provide us with feedback on how we’re doing, you will receive a FREE Projectmates blogger t-shirt. Just log into

blog.projectmates.com and post your comments or story about Projectmates. Don’t forget to tell us your shirt size (S, M, or L)!
 

Projectmates V10.0 – New and improved Financial and Issue Tracking tools!

Staying ahead of the curve in construction involves having tools that do all the hard work for you while you focus on attaining project goals on time and within budget. At Systemates, we are constantly tweaking our software to create a system that better serves our customers. An intuitive and comprehensive project management system should provide strong financial reporting as part of their service offerings. We’re pleased to announce that Projectmates v10.0 contains an upgraded financial module that will crunch your numbers for you and provide you a snapshot view of your project’s health at any given time. Besides a new and improved budget tracker, our financial module now includes Earned Value Analysis (EVA), a nifty tool built right into our software that helps track your project’s progress in relation to planned costs and timeline.

Most project management tools have financial modules that include forecasting and budgeting, but how many of these allow you to compute EVA?  Click here to read the complete article on Projectmates Earned Value Analysis.

Benefits of EVA (Earned Value Analysis)

• It gives a big picture of the project status and an objective evaluation of its health
• Provides early warning signals that can help you avert project disasters before they get uncontrollable
• It allows time to recover from an issue
• It allows timely request for additional funds
• Quite simply, its good project management!

Features of Projectmates V10.0

• Robust Budget Tracking
• Earned Value Management tools
• Issue Tracking / Risk Management
• Portfolio Management interface

The purpose of creating financial tools with better reporting abilities is part of a greater goal of the company to create a complete project management software solution. While most project management solutions are focused on one aspect of a construction project, Projectmates is designed to last for years. From Design and Construction to Maintenance of a building, Projectmates is a one-shop stop for all your financial reporting, document and portfolio management needs.

Accommodating Building Information Modeling (BIM) Designs

The idea of a coordinated, interoperable virtual building project is gaining ground in the field of architecture and building design. 3D computer models replacing traditional 2D documents are now the latest trend in architecture and design. BIM (Building Information Modeling) facilitates construction project teams to work collaboratively using consistent and reliable information that enables faster decision-making, better data-sharing and documentation. Projectmates is scalable and sophisticated enough to accommodate BIM designs in their solutions and integrate them seamlessly into its operations.

For more information call 1.214.217.4100 or visit www.projectmates.com

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