Yes it is not only possible, P3 has all the utilities for costing (estimating up to monitoring)), used it many times in my projects in fact. The numbers may not be as accurate as accounting figures but for purposes of control and immediate feedback to management it is very effective.
To elaborate it here would be very lengthy, sorry.
Spider Project is most functional and powerful professional project management software.
The first SP version was launched in 1993 and since then it has been constantly improved. Today is used in 34 countries though most Spider Project customers are in Russia. Spider Project offers numerous unique functional features and is the only PM software that optimizes resource, cost, and material constrained schedules and budgets for projects and portfolios.
The unique features of Spider Project include Quantity Based Scheduling, Conditional Scheduling, Skill Scheduling, Optimal Resource, Cost and Material Leveling, Resource Critical Path Calculation, Cash and Material Flows Calculation and Management, Trend Analysis, Advanced Risk Simulation and Analysis, Calculation of Success Probability Trends, Calculation and Management of required Project Time and Cost Buffers, Application of Corporate Norms, Management of many Parallel Budgets, Multiple WBS and many others.
Spider Project was and is used for management of many large scale programs in Russia, including $51bln construction program for 2014 Winter Olympic Games preparation.
The application areas where Spider Project is successfully used include Aerospace, Banking, Construction, Defense, Energy, Engineering, Infrastructure, Manufacturing, Metallurgy, Mining, Oil & Gas, Railways, Retail, Shipbuilding, Software Development, Telecommunications, Utilities, etc.
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Thanx
Shareef,
Yes it is not only possible, P3 has all the utilities for costing (estimating up to monitoring)), used it many times in my projects in fact. The numbers may not be as accurate as accounting figures but for purposes of control and immediate feedback to management it is very effective.
To elaborate it here would be very lengthy, sorry.
Rey
Still Waiting..............:-?