Sterling Launches Groundbreaking Cost & Carbon Forecasting Module to Revolutionise Construction Planning

London, UK – 25th November 2024 – Sterling, the pioneering SaaS platform for cost and carbon estimating in construction, has unveiled its innovative Forecasting Module, a powerful tool designed to streamline project scheduling, optimise resources, and improve forecasting accuracy. This new feature provides a seamless link between project schedules, cost estimates, and resource data, empowering construction professionals with actionable insights for better project outcomes.

Transforming Construction Programme Integration

The Forecasting Module addresses a critical challenge in the construction industry: the need to efficiently integrate project schedules with detailed cost and carbon estimates. Sterling’s solution supports importing programmes from industry-standard tools such as Oracle Primavera P6, Microsoft Project, or Excel, ensuring compatibility with existing workflows.

For those building schedules from scratch, Sterling offers a powerful Gantt chart tool that enables users to create comprehensive construction programmes. Features include project, task, and sub-task management, as well as milestones, predecessors, and more, providing flexibility to meet the needs of complex projects.

James Hunter, CTO of Sterling, explained the significance of these capabilities “With the Forecasting Module, we’ve bridged the gap between planning and estimating. Whether you’re importing a pre-existing schedule or building one within Sterling, our platform enables precise mapping of cost items, quantities, and resources. This is a vital step toward modernising construction planning and achieving project goals with confidence.”

Unparalleled Flexibility and Control

Sterling’s Forecasting Module introduces several advanced features, including:

• Multi-Programme Management: Support for multiple schedules, such as client programmes, construction programmes, and work packages, all within a single platform.
• Revision Manager: Import and compare programme revisions to keep projects aligned with evolving requirements.
• Re-Export Capability: Easily re-export updated schedules back to Primavera P6,  Microsoft Project, or Excel, ensuring a seamless workflow.

These features make it easy for project teams to adapt to changes, maintain transparency, and ensure all stakeholders are on the same page throughout the projects construction phases.

Delivering Cashflow, Carbon Forecasts, and Optimised Resource Planning

The Forecasting Module goes beyond scheduling, delivering crucial insights to construction teams. Its outputs include monthly or cumulative cash and carbon forecasts, providing visibility into project expenditure and environmental impact.

Additionally, the module generates resource histograms, helping teams optimise the allocation of labour, materials, and equipment. This capability is instrumental in avoiding bottlenecks, managing resource availability, and ensuring projects run smoothly.

Steve Brunning, CEO of Sterling, highlighted the module’s impact “The Forecasting Module is a leap forward for construction professionals. By connecting cost and carbon data with project schedules, Sterling enables smarter decision-making and fosters sustainable, efficient project delivery. This is about empowering the industry with the tools it needs to succeed in a modern, data-driven world.”

A Revolution in Construction Planning

Sterling’s new module aligns with its mission to support the construction industry in meeting Net Zero goals while improving operational efficiency. The integration of forecasting with cost and carbon estimation positions Sterling as the go-to platform for professionals who demand precision and sustainability in their projects.

James Hunter added “Our mission has always been to deliver intuitive yet powerful tools that solve real problems for construction professionals. The Forecasting Module is a prime example of how Sterling is setting new standards in the industry.”