Capital Project Management System
A capital project in a facility might be simple cosmetic upgrades or new infrastructure additions like new buildings/conference rooms or projects that include expansion, renovation/refurbishment, new equipment purchase, conducting corporate events/parties, etc., with defined budgets. eFACiLiTY® Capital Project Management System is a comprehensive capital management software designed for the unique needs of facility administrators/managers to track & manage multiple capital projects and improve project planning while keeping the projects within estimated budgets.
eFACiLiTY® Capital Project Management Software enables facility admins/managers to collect and maintain all data related to capital projects and programs in a site/facility and effectively monitor, and control the project’s processes, budget, scope, and schedule throughout its lifecycle.
eFACiLiTY® Capital Project Management Software with its effective expenditure management capabilities allows the users to also manage project-related vendor activities to keep a tab on the project’s course & budget. It allows the users/facility owners to track key project milestones thus enabling them to reduce schedule & cost overruns and streamline cost accounting on projects.
Capital Project Management System – Key Features
- Configurable client/client group or departments for tracking project requests
- Configurable project & project type categories (building, equipment, etc.)
- Configurable task type & task categories
- Definable project status & project stages
- Configure project milestones for easy traceability
- Raise capital project requests with budget/estimate
- Upload attachments with project requests i.e., proposals, drawings, documents, etc.
- Define project spending pattern
- Custom workflows for approval routing
- Configure multi-stage review & approval process
- Create work orders against capital projects
- Create/assign tasks against approved capital projects
- Upload RFQ/quotes against tasks/projects
- Create purchase orders to vendors for approved RFQ/quotations
- Track and manage capital project-related procurement
- Configurable workflow definition based on client/department
- Provision to amend budget/estimate in case of budget overrun
- SMS/Email notifications and alerts for project approvals to user-defined groups
- Import project details from MS Excel
- Alerts/notifications to configured users when the actual cost exceeds a pre-defined threshold percentage of the project value
- Interactive dashboard to view project-wise budget/value at a glance
Spending pattern dashboard displaying project-wise cost variance & budget forecast across the project lifecycle providing insight to current resource usage & spending
- Generate reports that include project status reports, PO status summary, short closed purchase orders, etc.
- Flexible integrations with ERP and other financial applications for seamless accounting & invoicing
Empowering Organizations Across Industries
