NaviCon Construction

NaviCon Construction solution is based on Microsoft Dynamics AX; it is designed for those companies who deal with complex construction and reconstruction projects of enterprise engineering systems, as well as with other construction and repair key-ready works. The basic features of this solution are:

• built-in tools for cost and project profit estimations;
• per project materials and equipment planning and posting;
• project direct cost control.

NaviCon Construction financial possibilities provide index calculations for earned value method; allow cost and payment control:

• Key indicator calculation for financial management based on earned value method (according to Project Management Book of Knowledge (PMBOK)):

o cost performance index (CPI);

o earned value (EV);

o actual cost (AC);

o estimated time to completion (ETC);

o cost variation (CV), etc.

• Cost control:

o automatic allocation of additional project charges per subprojects;

o creation of item target unit cost and profit tracking per each project line;

o tracking of employee purchases booked for projects in advance statements.

• Payment control:

o creation of project cash flow forecasts, invoice issue based on project cash flow forecasts;

o payment control for projects with a complex multilevel task structure.

NaviCon Construction functionality designed for the management of valuables on responsible keeping automates equipment and material accounting per construction spots, reserves items and materials for specified projects, controls equipment, material and labor movement according to the project throughout all the steps of a logistic chain:

• requested in the project specification or budget;
• ordered from the manufacturer;
• reserved for project from the warehouse or purchase documents;
• delivered from the warehouse to the on-site storage;
• assembled;
• accepted by the customer (“accepted in budget”).

NaviCon Construction optimizes substantially the users’ performance. Project source documents, such as VAT-invoices, shipments, KS-2 and KS-3 documents are created automatically in “Projects” module. Automation of such operations as creation and entry of financial dimensions while registering the new project, project transaction registration, data entry into project-related reference lists, creation of documents on behalf of several legal entities simplify considerable the users performance.

NaviCon Construction provides construction companies with trustworthy project data. Mapping of budget and actual data ensures control over project material provision, material utilization, expenditures, labor bookings, money influx. This solution helps to track payment cash flow per projects, generate source accounting documents, decrease complexity in cost booking. NaviCon construction helps financial analysts to estimate target costs and project profitability with a considerably high precision; to operate with several budget variants, to perform a retrospect analysis, to forecast more precisely project timelines and costs for similar future projects, as well as to reallocate charges between the projects.