Construction Demo Project
Rabio comes with an online demo available 24/7 and free for everyone who wants to check the basics of how it works.
Right now the demo includes projects which are easy to understand and operate. In this post, we are going to check on the Construction Demo projects.
Creating a demo for a construction project is not an easy task. Construction projects in most cases are complicated including a lot of different scopes to complete and thousands of problems that need to be solved.
No matter the size of the construction project the need to control it is necessary. Tons of data are around and a procedure needs to be followed. The center of all this is a cost control procedure and this is what comes next on this post.
Cost Control Procedure
In general, cost control is the procedure to identify and reduce business expenses to increase profits. Cost control starts with the budgeting process. In a construction project, the cost control department needs to be there and follow a cost control procedure. The task for the cost control department and for management of the project is to compare the project’s actual financial results with the budgeted expectations. If actual costs are higher than planned, management has the information it needs to take action.
Rabio can be the center of data gathering for cost control in a construction project.
Construction Project Demo
The demo project in Rabio is based on a hypothetical bridge construction project.
The scope of the demo project is the construction of a bridge with 2 separate lanes (north and south) including earthworks, roadworks, and MSS parking areas as direct works.
The duration of the project is 18 months starting from January 2016 until June 2017.
Cost Control Structure is created based on Cost Centers (CC) and Cost Type Keys (CTK) following a typical Cost Breakdown Structure (CBS).
Cost Centers Breakdown
Cost centres are allocated to the following groups :
- Direct Costs
- Indirect Costs
Cost Centers based on the mentioned groups are :
- 0100 – NORTHBRIDGE (own works)
- 0200 – SOUTHBRIDGE (own works)
- 0300 – EARTHWORKS (own works)
- 0400 – ROADWORKS (own works)
- 0500 – MSS PARKING AREA (subcontractor works)
- 1100 – PERSONNEL SALARIES
- 1200 – PERSONNEL EXPENSES
- 1300 – SERVICES ON SITE
- 1400 – DESIGN
- 1500 – WORKSHOP
Cost Type Keys
Cost Type Keys are organized to major groups and details like:
Rabio demo system comes with two variants for the same project.
In the simple case the demo construction project includes:
- Actual Costs
- Earned Value
In the extended case the demo construction project includes:
- Agreed VOs
- Earned Value
- Actual Costs
- Forecast Earned Value
Check out the available demo following the demo instructions here.
Did you like the demo? Don’t miss out on Rabio’s free trial for 60 days. See more here.