Real Estate Development
One system of record for cost, commitment and cash flow across every project, phase and contract.
The challenge
Developers run many projects, phases and contracts at once, each with its own contractors and consultants. When budgets, commitments and change sit in separate spreadsheets and inboxes, leadership cannot see true cost and exposure across the portfolio, and margin leaks through change that was approved too late or not at all.
What PMWEB digitalizes
What changes when delivery runs in PMWEB.
Portfolio cost structure
Estimate, budget, commitments, change and invoices held against one cost breakdown structure for every project and phase.
Change before it becomes cost
Change events, PCOs and change orders routed through your delegation of authority before they reach the budget.
Cash flow the board can trust
Committed and forecast spend rolled up by project, phase and asset class for treasury and board reporting.
Finance in step with delivery
Commitments and certified invoices posted to your ERP, so finance and projects report the same numbers.
Most relevant PMWEB capabilities
- Cost management
- Commitments
- Change management
- Progress invoices
- Cash-flow forecasting
- Portfolio dashboards
PMWEB references
Who uses PMWEB in Real Estate Development.
Organisations that run their capital projects on PMWEB, in the region and worldwide.
- ROSHN
- Saudi Downtown Company
- DAMAC
- Eagle Hills
- Al-Futtaim Real Estate Group
- Riyadh Development Company
- Soudah Development Company
- Brookfield Asset Management
- Tishman Speyer
- Rockefeller Group
- CBRE
- Touchstone
- Redwood Apartment Neighborhoods
- BGIS
Worldwide references: pmweb.com. Further references are available on request.
In practice
How clients in the region use PMWEB.
Giga-project and master developers in Saudi Arabia, the UAE and Qatar run multi-billion portfolios on PMWEB, most of them integrated with their ERP.
Next step
See PMWEB configured for Real Estate Development.
A demonstration of the standard product, focused on the processes your teams run.