Solution
Operational Management
See budget, committed, actual and forecast on the job — not weeks after it closed.
The problem
Operational decisions get made on figures that describe the past. If the cost position of a project, a contract or a production run is only known after it closes, the opportunity to do something about it has already gone.
The approach
How BPS handles it
Commitments counted early
A purchase order affects the position at order, not at invoice.
Recording at the point of work
Progress, labour and materials captured where they happen.
Cost attributed, not absorbed
Every cost carries the job it belongs to.
Forecast alongside actual
Budget, committed, actual and forecast in one view.
Capabilities involved
Cost codes
A structure that matches how work is measured.
Field and floor entry
Mobile capture for timesheets, counts and progress.
Commitment tracking
Orders and subcontracts counted against budget.
Variance reporting
Actual against plan, by job and by period.
Current cost, not retrospective cost
Current cost, not retrospective cost
- Budget structured by phase and cost code
- Commitments raised as orders and subcontracts
- Progress and consumption recorded as work happens
- Position reviewed against budget during the job
- Final account reconciled to the original plan
Products involved
Modules from the product catalog that this solution typically uses.
Common in these sectors
Industries where this problem shows up most often.
Contracting & Construction
Project budgets, subcontractors, progress billing and retention together.
Manufacturing
Bills of material, production orders, shop-floor progress and costing.
Facility Management
Contracts, preventive schedules, work orders and assets.
Professional Services
Engagements, timesheets, utilisation and billing in one place.
What changes
- Cost overruns visible while they can still be corrected
- Committed spend counted before it becomes an invoice
- Cost attributable to the job that incurred it
- Forecast based on recorded progress
Talk through operational management on your process
A working session on a process that is painful today — not a slide deck. Bring the documents you actually use.