Newforma releases Project Analyzer

August 02, 2011 |
Jeff Yoders

Project Analyzer aims to let project managers and principals-in-charge know their costs at any point in a project.

Newforma, known mainly for its Newforma Project Center project information management solution, recently released Newforma Project Analyzer, a financial and resource management application that pulls read-only data from Deltek Vision to facilitate what-if scenarios concerning a project’s scope, milestones, budgets, schedules and staffing.

Created in-house by SHW Group for its project managers, Newforma Project Analyzer was licensed by Newforma and further developed from a financial projection tool into a full project and resource management solution. From a single tabbed dashboard the software allows project managers to manipulate schedules, tasks, project team resources, billing, reimbursements, contract fees and non-reimbursable items, all available in a simple graphical format.

“You can reasonably expect every project manager to use these tools,” said Bob Batcheler, Newforma co-founder and EVP of strategy. “There is an obvious opportunity in the future to marry it with Newforma Project Center but, for now, they will remain separate and distinct products.”

Since all the information accessed by Newforma Project Analyzer comes from an SQL database, the application is fairly customizable for any view a principal or project manager wants. You can view budget information in either dollars or project hours, for example. PIM tools have been around for years but these analysis tools could be the future of the sector as more project managers and principals-in-charge need detailed information to find where they’re losing or making significant money on their projects. BD+C

Jeff Yoders | Building Team Blog

For five years Jeff Yoders covered IT, CAD, and BIM as Senior Associate Editor of Building Design + Construction. He's a chair at-large of the Associated General Contractors of America's BIM Forum and speaks regularly to audiences about how to transition to digital workflows. Jeff has won four American Society of Business Publications Editors awards.

Related Blogs

Chance encounters and the ‘action’ office: Do collisions spark innovation?

Google is among a handful of tech giants to unveil plans for “action” offices. Rendering courtesy Google, BIG, Thomas Heatherwick

March 29, 2015 | Office Building Design | Building Team Blog

Google, Facebook, Samsung, and Tencent have all unveiled plans for “action” offices designed to get their p...

The High Line effect: Placemaking as an economic development engine

Eight years into the transformation of an elevated section of New York Central Railroad’s West Side Line into a public park, the $273 million project is being hailed as a resounding win for the city. Photo: Beyond My Ken via Wikimedia Commons

March 02, 2015 | Cultural Facilities | Building Team Blog

As big money and eager tourists flock to Chelsea, cities across the globe are starting to take notice. Chic...

Photo: Infrogmation via Wikimedia Commons

The National Institute of Building Sciences estimates the retrofit market for small commercial buildings at $35.6 billion. Photo: Infrogmation via Wikimedia Commons

January 28, 2015 | Office Building Design | Building Team Blog

The real opportunity for shrinking the nation’s energy footprint lies in the mundane world of small commerc...

This past October, 78 young AEC professionals gathered in New York City for leadership development and networking during BD+C's Under 40 Leadership Summit.

January 21, 2015 | Building Team Blog
Many AEC firms focus on training for the hard skills of the profession, not so much for business prowess,...

Photo: Joe Mabel via Wikimedia Commons

December 22, 2014 | Building Team Blog

Commercial and residential construction can be as different as night and day. But as one who covered the ho...

American Standard's SaTo sanitary toilet pans (shown here installed in a latrine in Haiti) seal off pit latrines from flies to prevent the spread of pathogens.

December 08, 2014 | Building Team Blog

When we see the incredible technology being produced by global plumbing manufacturers, it’s hard to conceiv...

Prajakti "PJ" Glasco, AIA, ACHA, LEED AP BD+C, Senior VP/Senior Project Planner, FKP Architects (Class of 2014 40 Under 40 winner)

November 21, 2014 | Building Team Blog

Are you an AEC superstar? The 2015 "40 Under 40" competition is now open for entries. Here are some helpful...

November 17, 2014 | Building Team Blog

It’s been almost two years since 20 first-graders were shot and killed at Sandy Hook Elementary School in N...

Photo: Nightscream via Wikimedia Commons

September 25, 2014 | Building Team Blog

Precedents and patterns may not tell you all that much about future spending or demand.

Illustration: ratch0013 via FreeDigitalPhotos.net

September 03, 2014 | Building Team Blog

Architecture, engineering, and (presumably) construction firms will face difficulties with management succe...

 

Add new comment

Your Information
Your Comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Refresh Type the characters you see in this picture. Type the characters you see in the picture; if you can't read them, submit the form and a new image will be generated. Not case sensitive.  Switch to audio verification.
Overlay Init