TAG Capital Project management software can help you tackle any major maintenance project—whether internal or external—to keep your CAPEX budget and timelines in check.
Maintenance capital projects are usually part of a larger CAPEX program, such as repairing an entire production line or major machinery purchase implementations. Managing capital projects entails estimating and project planning, work order execution, project forecasting, risk management, and reporting and analyses on project milestones. Capital-intensive businesses in industries, such as rail, mass transit, utilities, oil and gas, mining, petrochemicals and airlines, benefit from maintenance capital project management software like TAG.
TAG Capital Project leverages digital technologies to drive true business value across all stages of your equipment lifecycle—from strategy and planning through to managing assets’ useful life and decommissioning. In TAG Capital Project, you can manage any type of internal or external project. It can handle phase-task budgeting, scheduling and WIPs, allowing you to perform real-time analyses on actual costs versus budgets.
TAG Capital Project is integrated with TAG EAM so that you can globally assign all work coming from maintenance work orders or project work orders using only one scheduling tool. Gain a better view of the availability and workload of your staff, tools, vendors and contractors.
TAG Capital Project is a real job management tool that includes Gantt charts so that your project manager can create budgets and schedules in the software, cumulating all costs from internal teams, contractors, materials and expenses in one place.
Many major maintenance projects can run for months and even years, making it hard to keep track of all open work orders and manage scheduling. TAG Capital Project will link all work orders to a single project so that you can keep them under control.
TAG Capital Project also features a comprehensive time sheet. Some employees, including engineers and architects, will not work from work orders. TAG Capital Project acts as a time sheet that is independent of maintenance work orders so that resources’ time and costs can also be tracked against a single source of project information.
TAG Capital Project’s workflow and approval process keep project managers in control. They can review time sheets and work orders before capturing time and expenses against the task. They can also independently manage tasks that have been overbooked or avoid booking time over budget against a task—and get an immediate warning for budget reallocation.
TAG Capital Project is the perfect fit for complex maintenance projects. TAG Capital Project is a plug-and-play module that can be quickly activated in TAG EAM, which eliminates the hassle of setting up a new system from scratch.
Budget and project revisions and forecasts in TAG Capital Project deliver real-time assessments of changing costs. The solution calculates capital investments for your internal projects and prepares accounting entries. If you carry out service projects for your customers, it will calculate revenue from work in progress associated to each project.
Extensive reporting options in TAG Capital Project show commitment and spend progress at multiple levels. You can deliver updated and relevant project updates to all stakeholders. Because TAG is a part of Microsoft’s solution stack, you can use out-of-the box reporting capabilities or Power BI analytics.
Manage and schedule your project tasks and phases with a visual Gantt chart tool. From the chart, you can create a new task or phase, and view real versus forecasted budgets. Need to reschedule a task? Simply drag and drop it, and pinpoint critical dependencies for optimized project coordination.
TAG Capital Project ensures complete capital project management while keeping budgets and timelines in check. Discover it today.
© The Asset Guardian – TAG, All rights reserved – 2021.
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