Abstract: The present invention relates to process management and control, such as a P&L forecast, budgeting and management system using data collection and computation to produce optimized P&L estimates. The production parameters and cost structure are collated and processed with a dedicated algorithm to simulate the sales forecast and cost factors of the required materials, the required machine hours, and the required labor hours to calculate profitability. The process produces indicators to easily examine the root causes of each project's areas of potential improvement. This present invention provides an application and tool for an effective management of a process.