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 projects and portfolio management solutions enable you to take better financial and operational control of your capital projects even before ground is broken. Our automated solutions simplify budgeting and portfolio management of multi-year capital plans 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. During construction, project leaders can monitor project plans in real time against baselines and snapshots, increasing accountability throughout the process and across multiple projects. Project teams that utilise capital planning best practices early in the planning phase – and continue these practices throughout the entire project lifecycle – will realise improved investment quality and outcomes.