Capital project planning
Create and manage multi-year capital plans for construction projects and portfolios
Capital project planning is critical for AEC firms who manage a portfolio of projects. Industries like construction that have thin profit margins must develop strategic capital planning practices to maximise profitability. The challenge is that construction projects can take years from conception to client handover and have many stakeholders across different teams, locations and disciplines – making it difficult to achieve accurate and comprehensive financial records and reports across the lifecycle of a project.
Hexagon’s capital project and portfolio management solutions enable project managers to take more financial and operational control of building projects, starting as early as design conception and lasting all the way through building handover and operation. Our automated capital management solutions simplify budgeting and portfolio management of multi-year projects and portfolios, and ensure that short- and long-term budgets align with building and project objectives.
Using Hexagon’s capital project planning software, project managers can create and manage annual and monthly spending plans with accurate forecasts. Users can visualise scenarios and initiate changes to improve the efficiency of capital investments and enhance financial controls over annual spending on construction projects. Upon construction completion, project leaders can monitor building commissioning and turnover in real time against baselines and snapshots, increasing accountability throughout the process. Project teams that utilise capital planning throughout the entire building lifecycle – including during building maintenance and operations – will realise improved investment quality and outcomes.