The Developer’s Project Management module is the functional area where all Job Cost related  activity is recorded and reported. Developer’s Project Management is configured to run as an integrated part of Accounts Payable.

Job Cost Codes – The Job Cost Code structure is simple and straightforward.  Comprised of 3 levels and based on a hierarchy of importance, they consist of “Project Phases”, “Project Categories” and “Project Cost Codes”. 

• Project Phases – such as Finance, Pre-development, Land Development, Marketing or Administration.

• Project Categories – such as Land and Acquisition Costs, Land Development Costs, Site Work,  Concrete, Doors and Windows, Electrical, Furnishings, Allowance for Tenant Improvements, etc.

• Project Cost Codes – such as Appraisals, Demolition, Permits and Fees, Zoning Costs, Travel, etc.

Reporting - DPM reporting is very comprehensive.  Most reports are analytical in nature.  You can analyze Construction Contracts and Change Orders by Contractor, you can analyze Costs by Project comparing Estimates to Actual Costs with Variances, you get Actual Cost detailed by Project and Vendor/Contractor showing line item detail.  All reports can be shown in summary or detail.

Projects – A Project is any Construction related Job for which you desire to capture Job Cost Transactions.  They may be Tenant Improvements, Renovations or Major Construction Jobs to name just a few.  A Project must exist in order to begin tracking Job Cost activity.

Contracts – Contracts are firm commitments supplied by sub-contractors who will be performing the actual work.  Contracts may also represent work to be performed by in-house personnel. 

Budgets (optional) – Budgets play a very important part in analyzing performance of actual expenditures against estimates of what you project it will cost to complete the Project.  It also provides lenders with detailed cost estimates so that a loan amount may be established.

Project analysis reports containing Budgets and Variances to Actual are often helpful when attempting to create a Budget for a similar Project in the Future.  Developer’s Project Management provides these types of reports to the project manager.

 

Capturing Historical Transactions

Job Cost Transactions – allows the user to manually enter historical transactions without affecting the existing Invoices and Credits from Vendors, previously entered in CenterSoft™ for Windows.  Once the Job Cost Codes, Projects, Contracts and Budgets have been setup in Developer’s Project Management, the user would enter Job Cost Transaction data during the same process of entering Invoices and Credits from Vendors in CenterSoft™ for Windows.

Invoices and Credits from Vendors

Additional fields are available in Invoices and Credits from Vendors to allow interaction with Developer’s Project Management.  Users associate Vendor Invoice input directly with existing Projects, Contracts and Job Cost Codes.