Budgets 103: Control with Integrated Scheduling
Posted on 22 May 2014
We believe that budgets are the target and that schedules are the plan to hit the target.
An airplane has a landing destination, but there is a control in place, called the pilot, that brings the plane in. She will make adjustments along the way in speed and altitude to keep the aircraft on course.
Schedules are your control to ensure that your budgets land on target.
In this budget session we want to offer 3 reasons why integrated scheduling gives you the edge in budget planning.
- Life happens. You started with a budget plan, but then employees started working the plan. Things got a little off course. Chronotek plots each budget progress on the Budget Dashboard. The cautionary yellow and red colors on our charts advise you when actual hours are coming in too low or high suggesting scheduling changes. Control the destiny by changing the schedule. Use the integrated Scheduler button on the budget screen to access Schedule Manager and quickly make these changes. This will protect your budgets throughout the intervals.
- 1000 foot view. Chronotek gives you the airplane window shot of each job incorporating the actuals, and schedules with the budget. As employee actual hours compile against the budget, and the future schedules get calculated in, Chronotek predicts where the budget will land at each interval along the way through to the end of the term. See where adjustments need to be made and quickly make them with the Integrated Schedule option.
- Empower your supervisors. They may not have access to the budget screens but they can see the budget numbers and interval variances for each job on the Schedule Manager screen. This equips them to make necessary scheduling changes along the way.
Your profitability on each job is too important to leave to chance. Seize the power of predictive technology by creating a budget plan with integrated schedules and control every budget.
Pilot your budget to a smooth landing.