End-to-End Budget Control
- Create project budgets at WBS / BOQ / package level
- Track original budget, approved changes, and revised budget
- Compare Planned vs Committed vs Actual in real time
Built for Owners & Developers
Take Control of Project Costs — Before Cost Overruns Take Control of You
Enables real-time, progress-linked budget, cashflow control, manage planned vs committed vs actual costs with complete transparency and predictability.
What Does It Do
Progress-Linked Cost Control (Not Just Accounting)
It provides real-time, progress-linked control across the project lifecycle. By connecting budgets and cash flow with engineering, procurement, construction, contracts, and optional BIM models, Wrench SmartProject eliminates manual reconciliation. It improves cost predictability, supports funding decisions, strengthens commercial governance, accelerates management reviews, and provides owners, project teams, and finance leaders with one reliable source of financial truth.
Budgets and cashflow are dynamically linked to:
- Engineering progress
- Procurement milestones
- Construction completion
- Certified work quantities
Result: You always know where money is spent, why it is spent, and what is coming next.
Key Capabilities
Key Capabilities That Drive Results
Budgets, cashflow, earned value and commitments are tracked against the same live project progress.
Cashflow Forecasting You Can Trust
- Time-phased cashflow curves linked to project schedule
- Forecast future cash needs based on actual progress
- Monitor inflows, outflows, and funding gaps early
Earned Value & Performance Insights
- Automatic calculation of earned value
- Track cost and schedule performance together
- Identify variances before they become risks
Commitment & Contract Value Tracking
- Link budgets to contracts, POs, and variations
- Track committed cost vs remaining budget
- Monitor change orders and claims impact
Real-Time Dashboards for Every Stakeholder
- Project-level and portfolio-level views
- Drill down from summary to transaction level
- Custom dashboards for owners, finance, and project teams
Integrated With the Entire Project Lifecycle
- SmartProject budget & cashflow module works seamlessly with:
- Engineering progress tracking
- Procurement & material management
- Construction progress monitoring
- Contract & change management
- BIM-enabled Digital Twin (optional)
- Cost is no longer isolated — it moves in sync with execution.
Benefits
Business Outcomes You Can Expect
What owners, project controls and finance teams gain when cost moves with execution.
10–15% reduction in cost overruns
Planned, committed and actual costs are compared in real time, so overruns are caught early.
Early detection of budget and cashflow risks
Identify variances before they become risks
Faster management approvals
Owners, finance and project teams review costs from one source of truth on shared dashboards.
Improved funding and investor confidence
Cashflow forecasts tied to actual progress show future funding needs well ahead of time.
Complete financial transparency across the project lifecycle
Cost is no longer isolated — it moves in sync with execution.
FAQ
Frequently asked questions.
Quick answers on budgets, cashflow forecasting and earned value.
At what level can project budgets be created?
Budgets can be created at WBS, BOQ or package level. For each, the platform tracks the original budget, approved changes and revised budget, and compares planned, committed and actual cost in real time.
How is the cashflow forecast linked to the project schedule?
Cashflow curves are time-phased and linked to the project schedule. Future cash needs are forecast from actual progress, and inflows, outflows and funding gaps are monitored early, so funding needs show up well ahead of time.
Is earned value calculated automatically?
Yes. Wrench SmartProject calculates earned value automatically and tracks cost and schedule performance together. This helps teams identify variances before they become risks.
Can budgets be linked to contracts, POs and variations?
Yes. Budgets can be linked to contracts, POs and variations, so committed cost is tracked against the remaining budget. The platform also monitors the impact of change orders and claims.
Which parts of the project lifecycle does the module connect with?
The budget and cashflow module works with engineering progress tracking, procurement and material management, construction progress monitoring, and contract and change management, plus an optional BIM-enabled Digital Twin. Budgets are also linked to certified work quantities, so cost moves in sync with execution.
Can owners, finance and project teams each have their own dashboards?
Yes. Wrench SmartProject offers custom dashboards for owners, finance and project teams, with project-level and portfolio-level views. Users can drill down from summary figures to transaction level.
Stop Managing Costs in Spreadsheets.
Spreadsheets tell you what already went wrong. SmartProject tells you what will go wrong — early enough to fix it.