System for real-time monitoring and cost management of construction projects
First Claim
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1. A System for real-time monitoring and cost management a Construction Project, the system comprising:
- a) data entry of time estimates and budget estimates selected from the group consisting of;
proposal costs, trade budgets, trade schedules of value, base contract markups, job budgets, general conditions budgets, proposed change orders, change orders and change order budgets, change order markups, internal purchase orders, and b) real-time data entry of costs incurred, selected from the group consisting of;
trade costs, including back charges and allowances, general conditions costs, and contingency costs, and c) real-time calculation of variations in budget and time estimates, and d) real-time generation of the proposed change orders to reflect variations in time estimates and/or budget estimates.
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Abstract
A novel system for the monitoring and management of construction projects; and the addition of electronic communication devises to the system, to provide new opportunities and systems for the monitoring and management of large construction projects and businesses.
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19 Claims
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1. A System for real-time monitoring and cost management a Construction Project, the system comprising:
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a) data entry of time estimates and budget estimates selected from the group consisting of;
proposal costs, trade budgets, trade schedules of value, base contract markups, job budgets, general conditions budgets, proposed change orders, change orders and change order budgets, change order markups, internal purchase orders, andb) real-time data entry of costs incurred, selected from the group consisting of;
trade costs, including back charges and allowances, general conditions costs, and contingency costs, andc) real-time calculation of variations in budget and time estimates, and d) real-time generation of the proposed change orders to reflect variations in time estimates and/or budget estimates. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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Specification