For property developers and clients

You own the project. You should own the numbers too

As the client you pay for every change the contractor notifies, and you answer for the final cost to the board and the bank. AIMZ gives you one final forecast per project, every change claim assessed before it becomes an invoice, and the portfolio consolidated across your project companies.

The challenge

The final cost is your responsibility, but the numbers sit with someone else

A client manages on the basis of reports produced by the contractor, in formats that change from project to project. The contingency gets used up without anyone seeing when it happened, and the portfolio only exists as a stack of spreadsheets – one per project company.

Reports you can't interrogate

The contractor reports in their own format, once a month. You get a status update, not the figures behind it – and cannot see what sits behind the number without asking.

The contingency disappears unnoticed

Approved changes draw on the contingency without anyone keeping a running tally. By the time it is used up, the decision to spend it has already been made.

The portfolio does not exist as numbers

Each project company has its own spreadsheet. Answering the board on what the total portfolio will cost to complete is a consolidation exercise, not a lookup.

How AIMZ works

Built for whoever owns the budget

01

One final forecast per project, not one per report recipient

Land, design, construction cost, client costs, finance and contingency sit in the same chart of accounts on every project. Approved budget, revised budget and final forecast stand side by side, and the variance is a number you can click into – down to the individual invoice.

Approved budget locked, revisions tracked with datesContingency use visible as its own line item, not baked inThe same setup on every project in the portfolio
BudgetForecastVariance
Land and rights
28.0M28.0M0
Design
9.5M10.2M−0.70M
Construction cost
86.0M82.4M3.60M
Client costs
6.5M6.8M−0.30M
Finance costs
4.0M3.2M0.80M
Contingency
8.0M8.0M0
Total142.0M138.6M3.40M
02

Change claims assessed before they become an invoice

Every claim from the contractor is registered with notice date, justification, amount and status. You see what is approved, disputed or rejected, which deadline is running, and what the backlog of unprocessed claims amounts to against the contingency – before the amount turns up as an invoice.

Notice deadlines under NS 8407 followed up per caseDisputed amounts kept out of the approved forecastFull history for final settlement and any dispute
AmountStatus
CO 14 · Water and sewer rerouting
Notified 12 March · deadline 2 April
2,460,000Disputed
CO 13 · Changed facade type
Approved 6 March
1,820,000Approved
CO 12 · Ground conditions, area B
Notified 28 February
1,640,000Under review
CO 11 · Additional lift
Rejected 19 February
920,000Rejected
CO 10 · Winter working
Approved 3 February
480,000Approved
Unprocessed against contingency6.84M of 20.0M
03

Liquidity and construction loan month by month

The payment plan periodises the forecast, so you see how much capital the project draws each month and when the next drawdown needs to be in place. Index adjustment is factored in, and the schedule can be shared with the bank and auditor without anyone assembling a separate spreadsheet.

Liquidity forecast per month and per projectIndex adjustment built in, using external statistics sourcesConsolidated across the project companies
Capital requirement per monthNext 6 months
21M
Apr
24M
May
31M
Jun
18M
Jul
27M
Aug
36M
Sep
Next construction loan drawdown28.4M · 1 June

What property developers get out of it

1
final forecast per project – the same number for the board, the bank and the project manager
0
change claims that become an invoice before anyone has assessed them
100%
of contingency use traceable, with date, reason and who decided

Project types

Project types Norwegian developers run on AIMZ

Contract form and cost structure are set per project, so one portfolio can hold several types side by side.

Residential
Apartment blocks, terraced and detached housing – with sales revenue and construction loan in the same forecast.
Commercial and office
Tenant fit-outs as separate cost centres alongside the main project.
Public buildings
Schools, kindergartens and healthcare buildings with an approved budget and reporting to elected bodies.
Refurbishment and conversion
High rate of change – where unforeseen costs and contingency use need the closest tracking.
Industrial and logistics
Building and production equipment separated in the chart of accounts, capitalised per line item.
Infrastructure and civil works
Roads, rail and energy facilities – long horizons with index adjustment and staged financing.
AIMZ puts us in a strong strategic position to face the future. The days of financial tracking in Excel are over, and we need to get on this train now.
Anders Øiaas
CEO, Timberbygg

Questions we often get

We have one project company per project. Does AIMZ handle that?

Yes. Each project can sit in its own company with its own chart of accounts and its own ledger, while the portfolio is consolidated across them. You can look at one project in isolation or all of them together without moving data.

Can we manage against the approved budget and the revised budget at the same time?

That is the default in AIMZ. The approved budget is locked, revisions are tracked with date and justification, and the final forecast is measured against both. The board sees the variance against what was originally approved, not against a budget that has moved along the way.

How do we follow up change claims from the contractor?

Each claim is registered with notice date, justification, amount and status according to the contract's deadlines. Disputed amounts are kept out of the approved forecast but shown as exposure, so you know what may be coming before it arrives.

Can the bank and the auditor get our figures directly?

The payment plan and the forecast can be exported or shared as a report, with links down to the individual invoice. Because everything is registered with a source, you do not have to build a separate pack for every drawdown.

We already use an accounting system. Does AIMZ replace it?

No. AIMZ reads invoices and vouchers from the accounting system and lays the project finances on top of them. The ledger stays where it is – AIMZ is built for the forecast, the changes and the portfolio.

See AIMZ set up for your portfolio

Book a demo