Why 4URSPACE Analytics is Essential for Every Project Manager

Why 4URSPACE Analytics is Essential for Every Project Manager

The Analytics Feature on our 4URSPACE Store Project Management Tool is a powerful hub that turns complex project data into actionable insights. For project managers juggling contractors, change orders, budgets, and deadlines, these metrics are essential for delivering projects on time, on budget, and with complete confidence.

Below is a breakdown of our analytics feature and why it matters for your retail construction workflow. Watch this short video from our CEO, Stefano Sanchini, where he breaks down how this feature supports your process and delivers time and cost savings.

1. Total Budget

What it is: The full budget value across all active and historical projects.
Why it matters: Project managers have visibility into their financial universe. Instead of digging through spreadsheets or emails, they can quickly assess total portfolio exposure and make informed financial decisions from day one.

2. Total Costs

What it is: Real-time visibility into all project spend, organized by category and vendor.
Why it matters: Real-time cost tracking prevents surprises. Teams can track spending as it happens, maintain budget accuracy, and catch overages before they escalate.

3. Approved Change Orders

What it is: The total value and count of approved variations.
Why it matters: Uncontrolled change orders are costly. Tracking approved changes helps monitor scope evolution and maintain financial transparency with stakeholders.

4. Pending Change Orders

What it is: Change orders awaiting approval.
Why it matters: Pending changes can jeopardize schedules and budgets. Complete visibility into outstanding approvals allows project managers to resolve bottlenecks quickly and keep projects moving.

5. Cost per Sq.Ft / Sq.Mt

What it is: Cost efficiency metrics by region or project type.
Why it matters: Benchmarking cost efficiency allows for smarter budgeting. 

6. Average Cost per Supplier Type

What it is: Benchmarks across General Contractors, Architects, Engineers, and other supplier categories.
Why it matters: Project managers can compare suppliers to identify high-value partners, manage procurement strategically, and justify vendor selections with data instead of assumptions.

7. Supplier Metrics

What they are: Total committed value, performance insights, and spend distribution.
Why they matter: Supplier performance can make or break a timeline. These metrics help identify who is delivering on commitments.

8. Project Type Comparison

What it is: Variances across new openings, remodels, relocations, and maintenance projects.
Why it matters: Understanding cost and timeline patterns enables more accurate forecasting and resource allocation while avoiding recurring pitfalls.

9. Regional Insights

What it is: Budget, cost, timing, and supplier trends across markets.
Why it matters: Know which markets are performing efficiently and which require closer oversight.

10. Timeline Performance

What it is: Average project duration, delays, and milestone adherence.
Why it matters: Timelines directly affect store openings and revenue. This metric provides clarity on where delays occur.

11. Custom Filters

What it is: Filtering by country, region, project type, supplier, and date range.
Why it matters: Custom Filters allow teams to slice data the way they need, transforming raw numbers into powerful insights tailored to their operations.

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