Platform
Solutions
Owners
Contractors
Engineering/EPCM
Professional Services
Resources
White Papers
Case Studies
Blog
Videos
Company
AboutProject Progress and Performance Measurement
Recognition
Measuring Progress and Performance
Progress methods
Each project activity can be set to be progressed automatically by the system, entered manually, or imported from an external system or file.
Performance metrics
By measuring progress, 4castplus auto-calculates productivity on activities, crews, shifts, vendors and more.
Earned value management
Progress is a key input to earned value metrics and reporting. 4castplus intrinsically makes this connection and provides an abundance of EVM reports and analytics.
Recognition
Revenue Recognition
Forecasting and trending
A progress measurement acts as the basis for a project forecast. You need to know where you’re at before you can forecast where you’re going. This basic principle makes the progress measurement a vital step in the reporting of a project’s future.
Continuous, incremental progress measurements
If there were only one activity on a project, measuring progress would be easy. When there are thousands of activities, resources and deliverables, measuring progress becomes a logistics challenge that necessitates a software solution like 4castplus to manage. 4castplus brings this to life with multi-layered measurement tools that provide the intelligence and analysis of an enormous amount of data, to bring transparent and accurate measurements of progress.
Leverage multiple progress methods
Trend reporting
Performance, EVM and productivity reporting
Simplify revenue recognition on fixed price projects
Rules of credit, weighted steps, schedule, hours, units completed, VOWD and more
Create and submit progress measurements on iterative cycles
Create & submit progress measurements on iterative cycles
Leverage multiple progress methods
Rules of credit, weighted steps, schedule, hours, units completed, VOWD & more
Simplify revenue recognition on fixed price projects
Performance, EVM and productivity reporting
Trend
reporting