FusionLive Paragon - Cost control system for construction & engineering programs

Paragon is the leading owner-focused cost control system for construction and engineering programs available as Software as a Service (SaaS).

Paragon's capabilities include funding management, project cost control management, schedule adherence and communications.

As one of the industry’s leading program management tools, Paragon has been used in the management of over $110 billion in construction projects and programs, for both public and private industries. The Paragon Program Management product enables you to:

  • Proactively manage changes to keep your project team and stakeholders on top of potential cost impacts.
  • Cost-effectively integrate the system into your construction management process. As Paragon is web-hosted there is no need for specialized IT infrastructure or staff support.
  • Track independent project and contract budgets as well as perform budget transfers, budget changes, and scope changes at both the project and program level.
  • Accelerate all decision-making, review and approval processes with the ability to access information online via the Internet
  • Utilize a program setup diagram to facilitate the program, project and contract input process.
  • Document trends and monitor them until the team can implement a solution.
  • Use e-mail alerts to immediately notify team members of critical changes.
  • Define an unlimited number of funding sources and cost splits for efficient funding plan development and cash flow management.
  • Evaluate data to establish realistic program baseline budgets and schedules.
  • Evaluate overall program impacts when making changes to a particular contract or project element.
  • Measure design change costs, construction costs and their impact upon the schedule.
  • Utilise strategic decision support through issue tracking, schedule tracking, trend analysis, over/under budget analysis, cash-flow and exception reporting.
  • Integrate data from other scheduling, estimating and accounting tools - including JDE, PeopleSoft, Maximo, Oracle Financials, Microsoft Project, Primavera Project Planner and Microsoft Office - into a central repository for complete information management.

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