EcoSys delivers out-of-the-box best practices that support critical processes for the full lifecycle of capital projects. These process areas combine to form powerful and unique solutions for project portfolio management and project controls & project management.
Empowering you to optimize project cost, schedule and resources,
EcoSys is the ideal choice to standardize and automate these key processes:
Portfolio Planning & Control
Create, organize, and manage portfolios in alignment with strategic goals and objectives. Use standard criteria to score, evaluate, and approve the optimal projects to add to your portfolios. Understand performance and identify issues using insightful KPIs.
Manage all project documents in a centralized location. Manage and control access to files. Automate approval workflows. Organize and store documents consistently. Ensure the latest version is always available. Get the right document to the right person at the right time.
Resource Planning & Management
Manage all types of resources – human, equipment, materials, or financial – within one integrated solution. Easily align resources with strategic objectives, balance and manage resource supply and demand, and produce accurate forecasts to drive performance.
Manage and control multiple fund sources from definition through project expenditure. Automated reporting provides faster, more accurate insights on the allocation and spending of funds. Identify under-utilized funding and re-allocate to other projects.
Capital Budgeting & Planning
Manage long- and short-term capital investment budgets and plans. Control and manage annual spending. Avoid unplanned spending. Gain greater accountability and measurability of investment decisions. Communicate plans to stakeholders.
Project & Contract Planning
Create projects using standards, templates, and flexible coding structures. Develop detailed milestones and schedules to monitor and track progress. Integrate schedule and cost information to create time-phased baselines and cash flow forecasts.
Estimating & Benchmarking
Develop and manage master rate tables and resource breakdown structures. Use templates to speed estimate creation and enforce standards. Create a link between estimates and budgets. Integrate estimating to improve change management and accuracy.
Analyze project cost data using up-to-date dashboard and reports. Compare commitments to budgets and actuals to identify over-allocation and determine corrective actions. Manage and control cost impact of changes, risks, and issues.
Progress & Performance Management
Leverage standard KPIs to measure and manage project performance, or incorporate your own. Apply any progress method to calculate accurate values. Analyze productivity and identify performance trends.
Risk, Issue & Change Management
Integrate risk and change management processes to improve decision making. Control threats, opportunities, and issues using standard techniques. Analyze the cost and schedule impacts of changes.
Budgeting & Forecasting
Create accurate budgets to prevent overruns and surprises. Develop detailed cashflows with integrated cost and schedule. Manage and control changes and contingency use. Accurately predict outcomes with forecasting methods based on industry best practices.
Project & Contract Administration
Communicate and collaborate with the project team. Create meeting agendas, capture action items, assign responsibility, and use workflow to manage progress and status. Define and manage the project close out process including the capture of lessons learned.