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| Products > ARGUS Development Budget |
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Forecast your development costs and keep track of spending
Creating an accurate forecast of construction costs is critical to determining a precise return on investment. ARGUS Development Budget™ helps developers forecast these costs for existing and ongoing projects using a grid-type interface with database storage. With Development Budget, developers can also keep track of their spending and forecast cash needs into the future.
Projects can be forecasted weekly or monthly with the option to consolidate by any combination of periods. All data is stored in central location so all approved users have access to the data and can update it at any time. Even better, forecast data can easily be transferred from an Excel spreadsheet, meaning that personnel without access to ARGUS Development Budget can fill in their forecasts using Excel and then move that data to Development Budget.
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- Portfolio analysis of combined cash flow across multiple projects
- Ability to forecast projects by period at a point in time while accessing accounting data to see what has been spent to date
- Scalable tool - train many users vs. having one person able to run a custom application or spreadsheet which typically gets more complex with each project
- Consistent and centralized database storage of all forecasting data
- Benchmark projects by setting up user defined comparisons
- Data can be reported at any level of detail, and combined with information from other systems if required
- Cost code level security
- Customizable interface that can be modified without programming
- Built using the latest in Microsoft .NET development technology
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| Feature |
Purpose |
Cost Controller |
Prepare timed forecasts with access to real time actual costs from your job cost system.
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Contingency Manager
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Set up as many contingencies as you need (i.e. design, construction, road works) and track the flow of funds from the contingency codes to individual cost codes. |
Project Benchmark |
Create your own attributes at the project and cost code levels of the program. Example attributes at the project level are: Project Type (Large retail, Medium retail, Small Retail, Office) and Location (Northwest US, Northeast US). An example of an attribute at the cost code level is cost type (Design, Construction, or Municipal). ARGUS Development Budget allows you to find out that design costs for large retail projects in the Northwest US average 14% of total costs. Setting up a proposed project in ARGUS Developer and bringing it into ARGUS Development Budget might show that design costs for the proposed project are 5% of total costs and you can see that you missed something. This finally closes the gap in the construction industry between project estimators and accounting - they can analyze completed projects any way they like.
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