Cost / Risk Identification and Management System
The chances of winning a state lottery are greater than projecting the cost of a leading edge project. Improve the odds with a simulation technology. Crims can compute trillions of scenarios to forecast likely costs. Great Budget Crims implements a two-step process to calculating the potential cost of a project. The first step is to calculate the risk of tasks. (Take the "5-Minute Project Test" to view some of the rules applied) The second step is to simulate millions of permutations of "Murphy's Law". The result is a table demonstrating the probability of success at a given cost point.
The Great Budget system easily encourages reuse of budget components. Components can be compared "apples to apples" to predict likely behavior. This can reduce errors and increase accurate budget forecasts. Trending with budget blocks makes it fast and easy to build a budget. Combine the necessary activities from budget blocks, modify pre-defined values and a new budget is available.
During development, as costs accrue, costs and time can be compared with historical spending. Set a range for under and over spending for notification. When an activity spending is out of range notification and action can be taken. Use this to effectively monitor project progress and reduce the need to micro manage.