As one of the applications within the InEight portfolio of products, InEight Control is a project management tool used for:
Managing account codes
Measuring progress
Forecasting final man-hours and costs
Managing revenue
Managing budget/contract changes
Within InEight Control, you can define and assign account codes to your cost items. This association can be synced to your ERP, and can also be used to benchmark data with other projects.
InEight Control is the application where your Cost Breakdown Structure and budget are established and where you can monitor project progress. You can:
Import your conformed estimate and structure from InEight Estimate
Create and manage cost items
Import approved quantities from InEight Plan
Import final hours and costs from your ERP system
Track your actuals and compare them against your Current Budget and earned values
The following workflow illustrates how these functions relate and pass information between systems.
You can utilize this information to analyze trends, track productivity factors, and measure progress.
InEight Control provides options for forecasting final costs, man-hours, and productivity for your project.
You can forecast your remaining work based on any of the following Forecast Methods:
Current Budget
Current Estimate
Average performance
You can save private forecasts, share them with others, and push them to a “live” forecast which can be reviewed by all and used for official reporting. You can also compare the Live Forecast to other forecasts created, for example to compare to the previous month’s forecast.
The workflow diagram below illustrates how forecasting functions relate to the rest of InEight Control and other systems.
Within InEight Control, you can create and manage pay items for tracking pay quantities, actual and forecasted revenue, and how much has been billed to the client.
InEight Control allows you to manage changes to quantities, man-hours, and costs in each cost item as needed during the execution of the project. You can make three different kinds of changes within the Change Management register:
Budget move – Movement of costs between cost items where the total dollars moved must balance to zero. There is no revenue associated with this type of change
Budget quantity and man-hour adjustment – change to quantities or man-hours within the project without changing costs
Contract adjustment – both the budget and the revenue either increase or decrease and are not required to be a net zero transaction. You will associate pay items with the change order to reflect the revenue change
Approved changes update your Current Budget within the CBS register.
The below workflow shows the relationship of Change Management to the rest of InEight Control.
Below is an example of what the Change Register looks like in InEight Control.
The following workflow illustrates how all the functions of InEight Control work together.
Additional Information
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