Capital project management can be complex. Projectmates is designed from the viewpoint of architects and city planners, so our capital project tracking tools intuitively help you strategize, allocate and track capital projects and funding sources. With centralized data and multi-fund visibility, Projectmates helps support your long-term capital planning goals. Integrating our Construction Workflow Management Software provides comprehensive automation to streamline your processes even further.
With a convenient portal where external parties can submit project requests, your team can set their own ranking criteria for projects as they come in. This provides you with an automated solution that fosters stronger collaboration between departments thanks to automatic request ranking, linking, and approval. From environmental, economic, regulatory or other factors, Projectmates will auto-populate requests based on the conditions you set. Once approved, you can easily link your capital project to a project in Projectmates. Public projects in particular can benefit from these features.
From the admin side, the complete control over project funding and the ability to project our bond program over time has been incredible for us.
Projectmates’ capital project management software provides you the ability to track and manage each of your funds, grouped by the arrangement that best fits your team’s workflow. Track every allocation, commitment, and actual in real-time. Even narrow down fund sources by phase, project, fiscal year, and more. Implementing our solution provides you with extensive analytics and insights to help you make better decisions and avoid mistakes.
Map project phases and fund allocations as far out as your CIP schedule management requires. The capital planning and construction financial management software Gantt chart gives you a bird’s-eye view over time with all planned costs through forecasting and escalation scenarios. There is even built-in “what-if” scenario planning that factors in time and the value of money, as well as other economic factors.
How Owners Can Align Dollars and Priorities with Confident Capital Planning
“The State of Idaho chose Projectmates for our owner centric capital planning construction management software to replace the Division of Public Works’ outdated financial system and provide tools for document management, scheduling, and collaboration with state agencies, design professionals, and contractors for hundreds of projects.”
Find out for yourself how Projectmates’ risk management can help owners and developers simplify their capital planning, fund allocation, and forecasting from a singular platform. Get in touch with us today to test it out and learn what it can do for your operations.
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