Project Management
Labour from timesheets, material from stock and expenses from procurement all accumulate on the project.
- 01 Project
- 02 WBS
- 03 Budget
- 04 Cost accumulation
- 05 Progress payment
- 06 Invoice
- 07 Posting
Capabilities
WBS tree, bill of quantities and budget distribution.
Labour from timesheets, material from stock, expenses from procurement.
Measured quantities, retentions, invoice generation and ledger posting.
Retained amounts tracked separately until release.
Planned versus actual progress.
Cost and schedule performance indices.
Project cost is a sum, not an estimate
Profitability is unknown when costs are never attached to the project. In Tokuva the attachment points are explicit: timesheets carry a project, requisitions and orders are tagged, and issued material carries the project code part.
Related
Other modules
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