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SolutionsCapital projects

Capital project management from the estimate through handover

Capital work is a promise about cost, time, and the asset you will own. Sigmaviu holds the baseline, the earned-value position, the approved changes, and the commissioning link on that project.

Owner PMOs, project controls leads, and EPCs delivering funded capital work.

Controls · earned value

Live
Illustrative baseline and actual curves for a capital project.

Controls snapshot

Example only

Actual vs baseline · today marked

SPI

0.96

CPI

1.02

EV

$4.2M

AC

$4.1M

Illustrative baseline and actual curves for a capital project.

What changes

  1. 01

    A baseline you can defend

    Import or build the WBS, store baseline dates, and compare them with current dates without overwriting the plan.

  2. 02

    Changes that hit cost and time

    An approved change order can update budget lines and the project end date once, not every time someone reopens it.

  3. 03

    The asset at the end

    Commissioning and retirement tasks on the WBS can be the lifecycle hooks for the asset record.

Snapshot

Earned value strip

SPI / CPI style readout for a sample project

Sample
MetricValueBandNote
SPI0.96WatchSchedule slightly behind
CPI1.02HealthyCost under EV
EV$4.2M—Earned to date
AC$4.1M—Actual cost

Distribution

Planned70%
Earned64%
Actual61%

How Sigmaviu handles this

Earned value

SPI, EV, and AC are available on the project. CPI shows as not applicable when actual cost is still zero, so an empty job does not look perfectly efficient.

Forecast from the plan

Tasks can be marked billable for a lookahead that is separate from invoices you have already issued.

Risk on the contingency

The register stores score, status, and approval. Communication scans can suggest risks for a person to apply.

Stage gates

Approval workflows and document risk class give you a gate record between phases.

A working sequence

  1. 1

    Baseline

    Lock dates and budget before the work moves.

  2. 2

    Measure

    Read schedule variance and earned value on the same project.

  3. 3

    Change

    Approve scope changes into cost and finish date.

  4. 4

    Capitalize

    Hand the file and the asset lifecycle to operations.

Scope

Sigmaviu is the project system of record for plan, change, and evidence. Corporate ERP capitalization and tax fixed-asset books stay in your finance system. NetSuite sync is not a live connector yet.

Questions buyers ask

Does earned value need a timesheet?

Actual cost can come from the cost you have recorded, including approved labor that has been pushed into project cost. CPI stays blank until actual cost exists.

Can one change update both budget and finish date?

Yes. Approved construction change orders can sync cost to budget items and schedule to the project end date, and they remember that the sync already ran.

How do we brief executives?

Portfolio health and project charts show budget and open risk. A daily briefing can be generated on demand. It is not sent unless you run it.