# What is 4castplus used for?

What is 4castplus used for?

##### Post Metadata
- Posted at: over 2 years ago
- Author title: Pinned by G2 as a common question



## Comments
### Comment 1

4castplus is a project-centric software platform designed to help contractors, EPCs, owners, and industrial organizations plan, control, forecast, and manage the financial and operational performance of their projects — from initial budgeting through execution and revenue recognition.

It is used to:

- Manage project budgets and cost breakdown structures (CBS)

- Track real-time actual costs (labor, equipment, materials, subcontractors, expenses)

- Measure progress and percent complete

- Perform Earned Value Management (EVM) and variance analysis

- Forecast Estimate at Completion (EAC) and cash flow

- Control and approve change orders

- Manage procurement and subcontracts (RFQs, POs, expediting, 3-way match, invoicing)

- Handle project revenue management (fixed price, T&M, cost-plus, unit price)

- Generate portfolio-level dashboards and executive reporting

- Integrate with ERP, accounting, payroll, Primavera P6, MS Project, and PowerBI

- Enforce role-based security, approvals, DOA, and SOD controls

In short:

4castplus replaces spreadsheets and disconnected systems with a centralized, integrated platform that connects cost, progress, procurement, forecasting, and revenue into one real-time environment, helping organizations improve visibility, control risk, and protect project margins.

It is purpose-built for industries such as construction, oil & gas, mining, infrastructure, utilities, environmental, and industrial manufacturing, where financial control and project certainty are critical.

##### Comment Metadata
- Posted at: about 2 months ago
- Author title: VP Product Strategy




## Related Product
[4castplus](https://www.g2.com/products/4castplus/reviews)

## Related Category
[Project Cost Management](https://www.g2.com/categories/project-cost-management)

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