Construction / Project Cost Control

Keep the project cost live from award through closeout.

Connect the approved budget, commitments, change orders, invoices and actuals so the forecast changes when the project does.

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See budget, committed and actual together.
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Every cost line shows its budget, what is committed, what has been spent, what is pending and where it is forecast to land, in one view.

Cost summary · Harbor build

Budget

$8.40M

Committed

$7.10M

Actual

$4.85M

Pending change

+$0.32M

Forecast

$8.62M

The approved budget is the starting point, not the final answer.

Commitments, change orders, invoices and actuals move the cost of the project every week. REAL keeps them connected to the award baseline, so the forecast reflects the project as it is now.

  • For finance, accounting, and controllership teams
  • Trained on decades of enterprise facilities expertise
  • Built for the realities of physical operations at scale
01

See budget, committed and actual together.

Every cost line shows its budget, what is committed, what has been spent, what is pending and where it is forecast to land, in one view.

Cost summary · Harbor build

Budget

$8.40M

Committed

$7.10M

Actual

$4.85M

Pending change

+$0.32M

Forecast

$8.62M
02

Forecast the final cost continuously.

REAL combines the award baseline, approved changes, pending changes and actuals into a current forecast that updates as each input changes.

Forecast build-up

Award baseline

$8.10M

Approved changes

+$0.30M

Pending changes

+$0.32M

Actuals to date

$4.85M

Current forecast

$8.62M
03

Trace every variance to what caused it.

Each variance is attributed to its cause, so the team knows whether the overrun came from quantity, scope, rate or a design revision, and where to act.

Variance causes

Quantity

Scope

Trade

Vendor

Rate

Design revision

Site condition

Change order

04

Carry every change into the forecast before approval.

A change request is validated against scope and priced for cost and schedule before it is approved, so the decision is made with its forecast impact visible.

Change request flow

Change request

Scope validation

Cost impact

Schedule impact

Forecast impact

Approval decision

Pending
05

Preserve the baseline.

The original award stays visible alongside every commitment, change and actual, so the history of the cost is never lost to the latest number.

Cost history

Original award

Current commitments

Approved changes

Pending exposure

Actuals

Current forecast

06

One cost model from estimate to closeout.

Project Cost Control picks up where estimating and bid evaluation leave off, using the same cost model from the first estimate to the final cost.

Cost lifecycle

Early estimate

Design-to-Budget

Bid Evaluation

Award baseline

Change control

Project Cost Control

Closeout

Five ways REAL puts the portfolio to work

One agent is powerful.
A suite redefines possibilities.

Each REAL agent is an expert in its domain, built to share context and act on what the others know. The more agents work in your portfolio, the more complete each one’s view of it becomes, and the stronger every decision your team makes.

FacilitiesRight issue. Right owner. Right action.Connect asset condition, service history, contracts, work orders and site context to prevent failures and route the work that needs attention.Explore Facilities
ConstructionCatch the gap before it becomes cost.Connect drawings, standards, estimates, bids, scope, contracts and project history from first plan through final cost.Explore Construction
Portfolio StrategyRun the portfolio decision across every location.Combine economics, leases, physical feasibility, operations, market context and external constraints to rank what to do next.Explore Portfolio Strategy
Lease AccountingFrom ASC 842 to every lease-related payment.Maintain lease accounting, validate CAM and rent changes, control payments and trace every calculation back to the governing source.Explore Lease Accounting
Lease AdministrationTurn every lease term into action.Keep rights, obligations, dates, notices and recoveries current across the full lease portfolio, with the governing clause attached to every action.Explore Lease Administration

Initial agents live in two weeks.

Start with one or two high-value workflows, connect the required data and documents, measure the result, then expand across domains.

  • A tailored onboarding for every enterprise.
  • Fitted to how you actually work.
  • Continuous support as your portfolio evolves.