Thursday 20 June 2024

Mx-ERP: Construction planning and scheduling - A guide

 

Extensive project management via suit of templates helps to move projects forward, bring people together, and solve bottlenecks that stand in the way of success.

Mx-ERP primarily is a Construction ERP software, which is a powerful solution that empowers Infra, Construction Companies, Real Estate, EPC Companies to streamline project delivery management, enhance communication, optimize resource planning, and improve financial management.

By integrating various business functions into a unified platform, Mx-ERP, a Construction ERP software enables companies to achieve greater efficiency, productivity, and profitability.

When selecting and implementing Mx-ERP software, consider your business needs, scalability, integration capabilities, and user adoption to ensure a successful implementation to help you on:

 

o   Critical Path Method (CPM)

Equipped with CPM, Mx-ERP offers commonly used techniques for scheduling in construction management. it mainly calculates the minimum time needed to complete a construction project alongside the possible start and end times for the different activities.

 

o   Gantt Charts

Mx-ERP offers graphically and represents the sequence of activities and their respective durations, which helps to understand which tasks are dependent on each other and which ones can happen at the same time. This can help with scheduling, physical & financial progress, and budgeting.

 

o   No need of Microsoft Project or Primavera

With Mx-ERP, project managers can efficiently allocate resources, such as personnel, equipment, and materials, ensuring optimal utilization. Our customers can save huge amounts of money by getting all these inbuilt features within Mx-ERP.

 

o   RA Billing

RUNNING ACCOUNT BILLS (R.A. BILLS) are created in Mx-ERP without much effort. The process is linked measurement book (MB) entry to create Abstract and DPR. It then takes care of all past payment and retention etc.  Contractors are paid periodically on basis of work done during that period. For such bills, quantities or work done during that period is to be measured in MB.

 

o   Compliance and Risk Management

MX-ERP strategically manages your construction projects to minimise risk, gives timely alerts for delays, helps in avoiding disputes and losses.: The management of risk and compliance ERP software assists construction firms ensure compliance with regulations and reduce risks that come in the execution of projects. Options like document changes, version control and audit trails provide transparency and traceability


o   Activity Calendaring

Construction scheduling organizes activities and their sequence in a construction project. It's a project management process that acts as a blueprint for how the project will be executed. It not only organizes the activities and tasks but the overall timeframe for the project, including milestones


o   Comparison of project-management activities

Skills in construction-specific technologies, cost estimation, and on-site problem-solving are crucial. Conversely, project management spans various industries and emphasises broader skills such as strategic planning, risk management, and proficiency in project management software

 

o   Cost estimation

Mx-ERP has comprehensive solution for cost estimation for a project bid with help of data from the design estimate, subcontractor's quotes, quantities, material costs, construction processes, direct and indirect costs and profit margin.

 

o   Comparison of estimation

Comparative estimation uses past project data combined with a top-down approach to estimate project duration. If the average completion time of similar projects was eight months, you'd assume the current one will take eight months.


o   Project accounting

Construction accounting is a type of project accounting in which costs are allotted to particular contracts. A separate activity is set up in the accounting system for every construction undertaking and costs are allotted to the project as they are incurred.


o   Project planning

Project planning is specific to individual construction projects. It involves developing a plan that outlines the scope, schedule, budget, and resources required for the project. Project planning includes defining project goals, establishing project milestones, and creating a work breakdown structure (WBS)


o   Time-tracking

Importance of Time Tracking in Construction. The success of construction projects thrives on precision, efficiency, and time. Therefore, time tracking is fundamental for ensuring accurate labor costs, payroll, adherence to project timelines, and compliance with labor regulations

 o   Procurement Scheduling

Procurement strategy is developed during the planning phase of the setting up activities scheduling. One of the key objectives of a procurement strategy is to assess a range of delivery options and identify a recommended delivery model. This would help managers to avoid material dumping or delays in procurement. Mx-ERP can maximize value and optimise project outcomes by managing timely procurement.

 

o   Workflow management system

A construction workflow is a set of sequential activities that take place during any construction process, from planning to project completion. It streamlines processes, reduces inefficiencies, improves work quality, and ensures that all tasks and information flow efficiently from one participant to another


Tuesday 18 June 2024

EFFICIENT CONSTRUCTION ERP

 


 Planning, Budgeting & Project Control

Mx-ERP for Construction is a specialized enterprise resource planning system built for the unique needs of construction companies. This solution includes management of general contractors, subcontractors, financial management, construction accounting, payroll, and service operations in one central database.

Mx-ERP also facilitates accurate management and tracking of resources. This includes tracking equipment, labour, and raw materials. By optimising the resource allocation process, Project managers can prevent wastage and avoid understocking and overstocking of products. Mx-ERP keeps track of inventory levels in real time, which helps you identify inventory shortages and reduces the risk of overstocking — leading to less wastage and lower storage costs.

Mx-ERP saves time in task management and streamlines workflow. This will save you time, lower overall costs and help your business run better

A complete Mx-ERP suite also includes enterprise performance management, software that helps plan, budget, predict, and report on an organization's financial results. ERP systems tie together a multitude of business processes and enable the flow of data between them.

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www.acgil.com

+91- 9818993537

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Friday 7 June 2024

Faster RA Bills

 

Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work. The RA Bill is a cornerstone of financial management in construction projects
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Book Demo Now..!
Mob - +91- 9818993537
Mail - akg@acgil.net
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