The Problem: Budget Deviation and Financial Control Issues

Woman with dark curly hair speaking with a man in a grey suit and dark hair about work in an office.

The Problem:

Persistent overspend or underspend against budgets. Lack of financial visibility & control on projects and portfolios.

Our Solution

If your project begins to go off track our embedded “BI” and analytics widgets will help you to spot the early warning signs instantly, enabling you to take action before it’s too late. In addition, a high level of configurability within our products means that we can match the current project management methodology within your organization. This minimizes implications and management associated with change and provides an easy-to-use, intuitive system.

The Result

  • The number of systems required to manage projects is reduced – One client reduced their systems from 22 to less than 7, all directly integrated with Cora PPM.
  • Visibility increases across all projects via a range of embedded “BI” and analytics widgets and reports displaying key project and financial data. This gives teams instant, accurate project status updates.
  • Early warning signs/ compliance indicators, make it easier to identify projects that have the potential to go off track or fail and focus on getting those projects back on track to successful completion.
  • By using our centralized system, one client reduced project deviation from €40 million to €2.5million within 18 months.

Further Insights

Learn more about Cora Systems Project Management Software here.

Tune in to our most recent Project Management Paradise Podcast episodes available on Spotify and Apple.