GOVERNMENT
Government | www.kahua.com/industries/government/ 1
What is the Price of Poor
Budget Management
in Government
Construction Projects?
Major government construction projects require comprehensive
planning and oversight to ensure their on-time, on-budget
execution.
One of the most integral parts of that process is budget and
cost management, which includes estimating, budgeting, monitoring
and controlling costs, from before the construction crew arrives until
it's time for them to move on to the next project. This critical aspect of
construction project management must provide federal, state and local
agency stakeholders data visibility and collaboration throughout.
In a Smart Market Brief compiled by Dodge Data Analytics, almost
half of 100 government owners surveyed said they perform manual
processes or use spreadsheets outside of their project management
information system. But that's what a PMIS is for … to eliminate
disparate systems and manual data entry and be the real-time,
accessible-to-all-stakeholders, single-source-of-truth management
system where all work is captured.
Does anyone take a step back and ask why their technology is not
working the way they need it to?
The cost management component of Kahua for Owners software
simplifies the creation and management of budgets and provides
real time visibility and control to manage commitments and change
through the lifecycle of federal capital projects. These budget-centric
capabilities track and audit project financials from inception to closeout
with Kahua, including a collaborative construction cost management
system built just for owners.
Here's what government owners can expect Kahua to bring to their projects:
• Leverage best practice owner
workflows and a modern, intuitive
UI to reduce overhead associated
with project budgets and contract
management
• Streamline project reporting to
improve financial decision-making
with visibility into historical, real-time
and forecasted construction costs in
program management
• Use Kahua to gain visibility,
control project costs, and collaborate
to effectively manage change —
minimizing delays, vendor claims and
other hidden costs
