Job cost
How does ControlBoard® show where every job's money stands?
ControlBoard adds up every job’s money in one read-only report: budget, cost to date, committed purchase orders and
subcontracts, what the scheduled work will still cost, projected final cost and variance. A negative variance shows a
projected overrun while there is still time to act. Because remaining work on the schedule prices itself, the
projected final reflects the plan, not a guess. When costs come from your accounting system, accounting’s balance to
the last close and what was entered since are shown apart. Figures narrow by job, category, resource type and
division, and the lines behind them download for editing.
What you can do with it
- See where every job's money stands
- Keep the cost to complete right
- Open any figure to see what makes it up
More about job cost in ControlBoard
Already a customer? The step-by-step is in Help inside ControlBoard.
Updated
Common questions
How does ControlBoard work out the projected final cost?
Projected final is cost to date plus what is left to spend. ControlBoard reads what is left from the work still on
the schedule and from signed purchase orders and subcontracts, and it is never less than what is already
committed. A project manager can also set the number for a cost code with a note.
Can we see budget against actual cost by cost code?
Yes. The report compares budget with cost to date and projected final, grouped by job, cost category or another
choice. Subsidiary cost codes add into their parent codes, and the actuals, commitments and subcontracts behind
each total open for review.
Why would a job's projected final look too low?
Usually because remaining work is not on the schedule. ControlBoard treats the schedule as the record of what is
left for your own crews. Cost to date can also look low when invoices are not entered or a week of time is not
approved.