Join Us at the MCi-One Conference (Feb 7-9, 2018 – Woodlands Resort)

Posted by Management Controls on Dec 22, 2017

Whether you are an executive, business user, or technical user,...
Read More

Track Anywhere Track Anytime

Posted by Chris Frizzell on Nov 15, 2017

Wait a second …….I didn’t order...
Read More

Shutdown, Turnaround and Outage Cost Management Solution


Accurate Turnaround Cost Forecasting from Management Controls, Inc. on Vimeo.

Forecaster is a simple, out-of-the-box solution that provides 98% forecast accuracy for projects and turnarounds. It is the only solution on the market that has a 100% timesheet integration solution with Track Software. Forecaster also has an import method that allows for timely data load.

Forecaster sets itself apart with a quick implementation model, allowing rapid visibility to management of its cost.

Key Features

  • Forecaster was designed with industry best practices by cost engineers and includes the use of earned value management (EVM) Terminology.
  • Forecaster provides friendly navigation throughout the tool, including the ability to organize and analyze data with speed and efficiency.
  • Forecaster provides a unique feature that allows the forecast to be previewed as a what-if scenario to better understand the impact of a project.
  • Our 100% SaaS solution allows you to access Forecaster via a web browser from anywhere and supports rapid implementation.
  • One of the foundations of Forecaster is its unique ability to house information in a centralized location.
  • Because Forecaster is a centralized data hub, it allows for monitoring, forecasting, and reporting of cost and hours in real-time.
  • Forecaster has the ability to interface with any ERP system and Track Software.
  • Forecaster supports a robust scope change management and contingency management process.
  • Forecaster has the ability to provide the user with customized reports based on their needs.

Key Benefits

  • Forecaster provides greater visibility through dashboards, custom reporting, and drill-down capabilities. With greater visibility comes the ability to proactively manage cost from any project and produce realistic cost/hour forecasts. Greater visibility helps prevent surprise overruns.
  • Forecaster replaces spreadsheets and home-grown solutions.
  • Enterprise deployment gives visibility into various levels of spending, which in turn allows for better decision making related to contracting strategies. Additionally, enterprise deployment supports a better understanding of geographical site or global KPI and other performance measures.
  • Because of Forecaster's data integration and business intelligence reporting, less effort is required to consolidate data and troubleshoot errors. As a result of this efficiency paired with centralized data hub, Forecaster is able to provide a real-time, accurate forecast via its user friendly, interactive forecasting module.
  • Forecaster drives a streamlined process standardization via project performance measures such as KPIs and earned value. This results in better decision making.
  • Forecaster can be rapidly implemented within a 3-month period. With Forecaster as a SaaS solution, future updates can be deployed immediately and seamlessly.