Costpoint Project Management Resource Planning

Time-Saving Resource Management Capabilities in Costpoint

As a Project Manager, you have a primary goal of delivering your projects on time and on budget. While there are many steps you may take to meet this goal, unfortunately not all of them may be the most efficient. Regarding personnel resource planning and resource management,  inefficient steps like over or under utilizing and making corrections can be even more challenging as, unlike inanimate parts and materials, you need to optimize your resources in a way that does not jeopardize your, or your company’s relationship with your human resources, both internal and external.

In this blog,  we’ll take a high-level look at some time-saving resource planning methods you can use within Costpoint to help you control labor or resource planning.

• Subcontractors – easily see the subcontractor agreements, assign subs to your projects, collect their time and create invoices faster using the work assignments, work assignment approvals and vendor employee options
• Rather than seeing the entire workforce pool, you can limit your projects to the resources who are in the workforce for that specific project with project set up options.
• While you are planning, you can pull up a resource schedule and see where else they are planned and how much time they have available to work on your project.
• Use user-defined generic employees as placeholders to see resource costs while budgeting and planning your project.
• Compare your plans to the actuals that are charged to your projects. See the revenue impact when you make changes using new versions of the budget or EAC, prior to making them final.

Costpoint Project Manager Labor Analysis Report

From project setup, to project budgeting, ETC and EAC, to project inquiry and reporting, Costpoint Project Management helps you with each process step, to keep your projects on time and on budget, so that you can deliver on your government contracts in a most efficient way.

Costpoint is so much more than accounting. For tips on how to optimize your usage of Costpoint Project Management, check out this Costpoint Project Management & Planning webinar. Justin Sommer, one of our Senior Solutions Engineers, provides you with know-how that will help you save time as you plan and budget your projects and associated resources.