Skyline Construction, a mid-size general contractor based in the southwestern United States, was struggling with project cost overruns that averaged 18% across their portfolio. After implementing xPM's integrated project controls platform, they achieved a 25% reduction in cost overruns within their first year. Here is how they did it.
The Challenge
Skyline was managing 12 active projects ranging from $5M to $45M in value. Their existing processes relied on a patchwork of spreadsheets, email chains, and disconnected software tools. Cost reporting lagged by 2-3 weeks, making it impossible to catch problems before they escalated. The CFO estimated they were losing $2.4M annually to preventable overruns.
The Solution
xPM deployed its full project controls suite across all 12 projects simultaneously. The implementation included real-time cost tracking integrated with their accounting system, automated earned value analysis updated daily, predictive cost-at-completion forecasting, and a centralized dashboard giving executives portfolio-wide visibility.
- Cost tracking lag reduced from 3 weeks to real-time
- Automated EVM calculations across all projects
- Predictive forecasting flagged 89% of overruns before they exceeded 5%
- Executive dashboards provided instant portfolio health views
The Results
After 12 months on the platform, Skyline's results spoke for themselves: cost overruns dropped from an 18% average to under 4.5%. The predictive alerting system caught emerging problems an average of 3 weeks earlier than their old manual processes. The CFO reported net savings of $3.1M in the first year -- a 12x return on their xPM investment.
xPM did not just give us better reports. It changed the way we think about project controls. We went from reactive firefighting to proactive management. -- David Torres, CEO, Skyline Construction
