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Accurately Estimating Cost, Resources, Time & Earned Value

Meeting multiple industry challenges including predictability, mandatory completion dates, maintaining ongoing skilled labor, as well as other specific industry related issues creates added demands in achieving expected results. Successfully delivering a complex project between contractors and owners requires a new level of interoperability, collaboration and information sharing, facilitated with Hard Dollar oil and gas software.

Addressing Key Project Management Issues

Variation Controls

The value of estimating a project with the granularity and control that Hard Dollar offers can only exist with an accompanying watertight variation control system. Hard Dollar's complete audit trail incorporates fail-safe variation control. The scope of work cannot change without logging the variation and that variation's commercial status.

Centralize Multiple Estimating Systems

Over time oil and gas organizations are likely to have a host of estimating “systems” – including disparate excel spreadsheets. These external spreadsheets can be incorporated inside Hard Dollar, and converted to native Hard Dollar norm based estimating if required. One estimating database as a result with ANY number of “systems” inside of it – central control over unique environments.

Time Recording

Capturing expended AND achieved time in a crew or individual basis with any data capture device is just one of the attributes of a time recording system that is exactly what any project controls team needs. Hard Dollar easily incorporates existing time control systems. 

Hard Dollar's modular design means you might chose to utilize only the functions you do not already have.  With a time recording system in place by most organizations, Hard Dollar provides the additional much needed functionality.

Cost and Value

Both owners and contractors execute projects to make money, not just spend it. Hard Dollar is designed to understand cost and value. Every resource in Hard Dollar has a cost and a value, and the value can have a different time basis than the cost. 

Integration

Financial System Interoperability

Standard integration to over 35 ERP systems eliminates duplicate data entry and tracking while maintaining integrity between operations and financial management. Detailed labor and productivity tracking of crafts and materials provide operations with the flexibility and capabilities required to meet advanced earned value reporting, resource utilization and planned activity predictability.

Scheduling Communication

Leverage the industry’s most advanced bi-directional, real-time integration with scheduling systems from Primavera® and Microsoft® Project to provide the ultimate flexibility to plan and meet owner mandated cash schedules. Detailed historical crew and labor production databases make planning work and resources to fit within scheduled plant down times a simple process.

5D-BIM Server Power

Extensive Building Information Model (BIM) integration streamlines data management and handling from the CAD design process to ERP systems providing unprecedented labor savings, faster estimating turnarounds and easy to use flexible reporting. Producing conceptual to detailed productivity based estimates, bidding and tender processing, generating integrated cost and resource loaded schedules, automated timesheet collection, crew productivity and tracking are maintained in one integrated system.

Schedule/Cost Integration

The oil and gas industry's early adoption of computerized project controls has led many down a path that cannot properly integrate cost and schedule. Hard Dollar’s dynamic schedule/cost integration enables a generational break from legacy systems which inhibit the integration of data and create a single environment that controls cost, time and resource.

 

What Our Clients Say

"It’s a pleasure working with Robert. He's very patient, knowledgeable and goes far beyond to help with any issues we have as a company or as an individual."

HL Contractors

"The level of service CDP provides is exceptional and always far exceeded my expectations. You can quote me on that!"

The Wesson Group LLC

"Kristen is a very valuable resource for us!"

LCI-Lineberger Construction Inc.

"Greg is terrific, and I’m so excited to have a better resource! I have him working on several projects now with many more to come."

Progressive Plumbing

"Michael and Matthew have exceeded my needs and expectations. I get help same day 95% of the time, which is very important in my business at times. They are professional and courteous 100% of the time. Zero complaints."

Mitchell Brothers

"We appreciate Tim and all of his excellent support."

M.J. (Manufacturing Firm)

"Beth is absolutely wonderful to work with! I appreciate her patience and professionalism. It’s a relief to know I can count on her to respond and be a life line for us as we continue to learn the system. She is truly top notch."

Eastbound Mechanical

"He did a great job online and an equally great job in person. We’re enjoying working with our new Spectrum Viewpoint accounting software."

Chambliss & Rabil Contractors, Inc.

"I want to let you know how grateful we are for Robert Pacheco’s assistance. He was able to meet with me and discuss the issue promptly and complete the fix within a short amount of time. He is surely an asset, and we are thankful to have such a great resource."

Marques General Engineering, Inc.

"I wanted to let you know Dan did a great job. He has a vast amount of knowledge, and I feel very fortunate to be working with him."

H.F. (Mechanical Contractor)

"Thank you for your assistance/responsiveness to assist us in getting P6 back online so quickly today. We appreciate all the support you provide."

M.J. (Manufacturing Firm)