Autodesk has added powerful construction cost management capabilities to the Autodesk BIM 360 platform as a new module, enabling teams to manage cost-related construction activities in the cloud. The Cost Management module is now available as an add-on subscription to BIM 360 Build.
BIM 360 Cost Management help contractors manage budgets and supplier contracts and streamline upstream and downstream change order workflows, creating clear accountability and ensuring nothing slips through the cracks. This helps project teams control costs and confirm all changes are accounted for in the overall budget and are managed effectively to maintain a positive cash flow, reduce risk and maximize profits. Supported workflows include:
- Monitoring and tracking budget items and cost impacts
- Creating, editing and viewing supplier contracts
- Logging and detailing all potential change orders (PCOs)
- Upstream budget requests for change orders (RCO) and formal owner change orders (OCOs)
- Downstream request for quotations (RFQs)
- Supplier change orders (SCOs)
Autodesk BIM 360 is a cloud-based construction management platform intended to accelerate project delivery and minimize contractor risk with anytime, anywhere access to project data across the entire construction lifecycle.
The BIM 360 Cost Management module builds on the lifecycle data, adding powerful change management workflows and helping to reduce risk by enabling teams to manage all cost related construction activities in a single software, providing real-time visibility into the financial health of the project. Tailored to the needs of the construction industry, Cost Management includes capabilities to plan project budgets, visualize cost-related risk and manage change order workflows.
(more details on Autodesk's construction cost management module...)
