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Cost Controls

EVERY DOLLAR.ACCOUNTED FOR.

From budget to closeout, every dollar tracked across every work package. Earned value management, forecasting, and variance analysis — all updating in real time as your project moves.

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Built for the teams behind capital projects

EPC Contractors, Energy & Utilities, Infrastructure Owners, Mining & Resources, Oil & Gas, Transport & Logistics

Delivering Financial Intelligence With

A NEW STANDARD OF COST CONTROLS

Traditional cost management is reactive — overruns discovered in monthly reports, weeks after the money was spent. Verian tracks every dollar in real time with automated earned value, instant variance alerts, and AI-powered forecasting.

REAL-TIME

COST TRACKING

Know about cost deviations immediately — not at the next review meeting. Instant variance alerts trigger the moment actuals diverge from your baseline.

AUTOMATED

EARNED VALUE

CPI, SPI, TCPI, EAC, ETC — all calculated automatically from your integrated schedule and cost data. No manual inputs, always audit-ready, always current.

AI-POWERED

FORECASTING

Living projections that adjust based on current burn rate, schedule performance, and risk exposure. Your EAC updates continuously, not monthly.

SEE REAL-TIME EVM ON YOUR OWN COST DATA

SEE IT ON YOUR PROJECT
Introducing Your

COST CONTROLS DASHBOARD

app.verian.io/cost

Integrated cost controls view with automated EVM metrics, real-time variance analysis, and AI-powered forecasting

Verian
Northgate Terminal
NGT-2
/ Cost Controls
Search apps, projects, or ask Verian AI⌘K
DashboardBudgetsActualsCommitments
CBS — NGT-2PlannedAll PBS elementsStandard budgetSearch…USD · data date 12 Mar
DescriptionOriginal budgetRevised budgetCommittedJTD costsETCEACOver / under
01CIVILS & FOUNDATIONS8,420,0008,634,0007,910,0005,182,4003,604,6008,787,000−153,000
01.10Piling — Zone A2,450,0002,450,0002,398,0002,102,000348,0002,450,0000
01.20Pile caps1,880,0001,880,0001,764,0001,240,600639,4001,880,0000
01.30Dewatering640,000854,000812,000398,200608,8001,007,000−153,000
02STRUCTURAL STEEL6,180,0006,180,0005,940,0003,214,8002,861,2006,076,000+104,000
02.10Fabrication3,940,0003,940,0003,880,0002,418,0001,470,0003,888,000+52,000
02.20Erection2,240,0002,240,0002,060,000796,8001,391,2002,188,000+52,000
03ELECTRICAL & HV9,760,0009,760,0008,204,0002,918,0007,106,00010,024,000−264,000
03.10HV cable supply5,410,0005,410,0005,410,0001,624,0004,050,0005,674,000−264,000
03.20Substation fit-out4,350,0004,350,0002,794,0001,294,0003,056,0004,350,0000
01.30DewateringOverviewBudget & EVMCommitments & actualsDistributionCBS
Identification
Line codeLI-01.30-004
CBS code01.30
UOM
DisciplineCivils
Rates & quantities
Quantity12,400
Unit rate$68.87
Total$854,000
Labour / plant$402,000
Schedule
Start14 Apr 26
Finish02 Aug 26
SourceLinked
ActivityNGT.CIV-20140
Uncertainty
Optimistic$780,000
Most likely$854,000
Pessimistic$1,010,000
Contingency$96,000
$
Cost AICFA/AACI
Northgate Terminal

I'm your Cost Controls AI Expert — deep expertise in earned value management, cost forecasting, variance analysis and budget optimization.

Analyze EVM metrics (CPI, SPI, EAC, TCPI), variances and trends
Query budgets, actuals, commitments, invoices and CBS hierarchies
Forecast using CPI, composite or management ETC methods
Report executive summaries, variance and cash flow projections
Suggested prompts
What is the current CPI and SPI?
Show me the variance analysis
What is the EAC using composite?
Which CBS codes are over budget?
Show cash flow projection (12 mo)
What is the contingency utilization?
Ask about budgets, EVM, commitments… Type @ to tag items

Automated Earned Value Management

CPI, SPI, TCPI, EAC, ETC — all calculated automatically from your integrated schedule and cost data.

EARNED VALUEMANAGEMENT

Traditional EVM is calculated manually in spreadsheets with stale data. In Verian, CPI, SPI, TCPI, EAC, and ETC are calculated automatically from your integrated schedule and cost data. Every metric updates as your schedule progresses and costs accrue.

Automated CPI, SPI, TCPI, EAC, ETC calculation
Real-time updates tied to schedule progress
WBS-level drill-down for granular analysis
Always audit-ready with full calculation trail
EXPLORE EVM

VARIANCE ANALYSIS &ROOT CAUSE DETECTION

Drill into any cost variance by WBS element, cost account, or time period. The system doesn't just show you the variance — it identifies root causes and calculates downstream impact automatically.

Drill-down by WBS, cost account, or time period
Automatic root cause identification
Downstream impact calculation on forecast
Trend analysis with historical comparison
EXPLORE VARIANCE
Verian
Northgate Terminal
NGT-2
/ Cost Controls
Search apps, projects, or ask Verian AI⌘K
DashboardBudgetsActualsCommitments
Variance analysisBy CBSCPI 0.97 · SPI 0.94 · TCPI 1.03
Cost variance
−$313k
Schedule variance
−$482k
CPI
0.97
EAC vs BAC
+$313k
CBS elementBudgetActualVarianceCPI
01.30 Dewatering854,0001,007,000−153,0000.85
03.10 HV cable supply5,410,0005,674,000−264,0000.95
01.10 Piling — Zone A2,450,0002,450,00001.00
02.10 Fabrication3,940,0003,888,000+52,0001.01
02.20 Erection2,240,0002,188,000+52,0001.02
03.20 Substation fit-out4,350,0004,350,00001.00
Root cause · 01.30

Dewatering overran by $153k after groundwater was found above the design level. Quantity rose 12,400 → 14,900 m³ at the tendered unit rate.

Driven byCR-2026-0148
Quantity change+2,500 m³
Rate changeNone
DownstreamEAC +$153k
Corrective action: re-forecast at 14,900 m³ and draw from contingency

Variance Analysis Engine

Drill into any cost variance and see root causes, downstream impact, and corrective action recommendations.

Verian
Northgate Terminal
NGT-2
/ Cost Controls
Search apps, projects, or ask Verian AI⌘K
DashboardBudgetsActualsCommitments
ForecastETC method · compositeBAC $24.57M
EAC — CPI method
$25.32M
+$0.75M
EAC — composite
$24.88M
+$0.31M
EAC — management
$24.65M
+$0.08M
Contingency left
$1.42M
58% used
Cumulative cost — BCWS / BCWP / ACWPPlannedEarnedActual
Data date
Q1 26Q2 26Q3 26Q4 26Q1 27Q2 27Q3 27Q4 27

AI-Powered Cost Forecasting

Living projections that adjust based on current burn rate, schedule performance, and risk exposure.

AI-POWEREDCOST FORECASTING

Forecasts based on last month's numbers are already outdated. Verian's AI generates living projections that adjust continuously based on current burn rate, schedule performance, and risk exposure. When a schedule delay occurs, the cost forecast updates before anyone opens a spreadsheet.

Continuous EAC updates based on real performance
Risk-adjusted forecasting at every confidence level
Schedule-cost integration for true projections
AI narrative explaining forecast changes
EXPLORE FORECASTING
Complete Financial Control

BUDGET TO CLOSEOUT VISIBILITY

From initial budget through final closeout, every financial metric is tracked, calculated, and visualized in real time.

MULTI-CURRENCY

CONSOLIDATION

The platform handles exchange rate management, consolidation, and reporting in any base currency — automatically.

AUTOMATED

REPORTING

Generate cost reports with AI-written narratives. The system explains variances, highlights concerns, and recommends actions.

COST-SCHEDULE

INTEGRATION

Every cost account links to schedule activities. When the schedule slips, your cost forecast updates. Bidirectional and automatic.

REAL-TIME COST INTELLIGENCE ON EVERY PROJECT

SEE IT ON YOUR PROJECT
Real-time
EAC and Forecast Updates
Live
Variance Detection
Automated
Cost Narrative Generation
Unified
Cost-Schedule Data Model
app.verian.io

CASH FLOW FORECASTING& MANAGEMENT

Predict cash flow requirements with precision using AI-powered forecasting that accounts for schedule progress, payment terms, retention, and risk exposure.

MULTI-PROJECTPORTFOLIO VIEW

Consolidate cost performance across your entire project portfolio. Compare earned value metrics, forecast accuracy, and budget utilization across all projects.

app.verian.io
app.verian.io

CHANGE ORDERIMPACT ANALYSIS

When a change order is proposed, see the full financial impact instantly — direct costs, indirect costs, schedule impact on cost, and contractual obligations.

AI-Native Architecture

EVERY DOLLAR CONNECTEDTO EVERY DIMENSION.

Verian's financial AI connects every dollar to every schedule activity, every risk, and every contract obligation in real time. When a schedule delay occurs, the cost forecast updates before anyone opens a spreadsheet.

Ask your financials questions in plain language. "What is our EAC for the mechanical package?" "Why did CPI drop this month?" — and get instant, data-driven answers.

Verian
Northgate Terminal
NGT-2
/ Cost Controls
Search apps, projects, or ask Verian AI⌘K
DashboardBudgetsActualsCommitments
$Cost AICFA/AACINGT-2
Which CBS codes are over budget, and what is the EAC?

Two elements are over at the data date:

01.30 Dewatering−$153,000CPI 0.85
03.10 HV cable supply−$264,000CPI 0.95

EAC by composite method is $24.88M against a BAC of $24.57M — an overrun of $313k, inside the $1.42M contingency remaining.

Sources: 10 CBS elements · EVM snapshot 12 Mar · CR-2026-0148

Ask about budgets, EVM, commitments… Type @ to tag items
Live EVM
Recalculated as data lands
CPI0.97
SPI0.94
TCPI1.03
BAC$24.57M
EAC$24.88M
ETC$11.42M
No month-end batch — the numbers are current

AI Cost Intelligence in Action

Watch how Verian's AI tracks every dollar, identifies variances, and forecasts completion costs.

WANT TO HAVE A DEMO?

Book a 30-minute walkthrough with our solution architects. We'll show you how Verian's Cost Controls works with your actual project data — not a canned demo.

WANT TO HAVE A DEMO?