Managing Projects
Tools to manage your construction projects
- Create & Manage Bill of QuantitiesThe Bill of Quantities (BoQ) in Coreloops serves as the commercial source of truth for each project. It defines the expected works, quantifies each component, and sets pricing benchmarks for both cost and revenue.
- Connect your BOQ to cost codesLinking your Bill of Quantities to Cost Codes connects each line item to your cost codes.
- Managing VariationsOnce a project is live and a Bill of Quantities have been made they are all set. Any changes that occur throughout the period of the contract will be tracked by Variations. You can track the status and financial impact of variations for each project in Coreloops.
- Payment ApplicationsIn Coreloops, you can track and manage your payment applications by completing your applications in the platform directly or importing them as Excel Files.
- How to import a Bill of Quantities (BOQ)
- Auto-categorise BOQ Line itemsCoreloops AI can automatically suggest cost codes and custom tags for line items in your Bill of Quantities and Variation Orders, saving time on manual classification and improving consistency.
- Understanding the Bill of Quantities — how it powers your project dashboard
- Setting up and managing NEC projectsHow to choose your NEC option, set up your Activity Schedule or Bill, manage early warnings and compensation events, and apply for payment.
- Creating an early warning and estimating its impact (NEC)How to record an early warning, score the risk, and estimate cost and time impact for your own use.
- Issuing and escalating an early warning (NEC)How to send an early warning notice, record that you sent it another way, and turn it into a compensation event.
- Creating, editing and quoting a compensation event (NEC)How to create a compensation event, price its added items and omissions, make bulk edits, and prepare your quotation.
- Issuing, managing and publishing a compensation event (NEC)How to send a compensation event notice and quotation, track it to agreement, get reminders, and publish it to your activity schedule or BOQ.