Cost Module

Project Cost Management Software for Complete Control

Take command of your project costs with precision. Mastt’s project cost management software helps teams control budgets, track actual costs, and manage cost performance across complex projects - all in one place.

16+
Hours saved per project per month
50+
Spreadsheets killed per project
60%
Reduction in time preparing reports

Delivering Power to The world's best in Capital Projects

A logo with black text that says "Australian Department of Defence"
A logo of RPS.
A logo with black text that says "Australian Department of Defence"
A logo of RPS.

Why Project Teams Trust Mastt for Cost Management

Mastt's AI-powered project cost management software gives construction teams complete visibility over project budgets, actual costs, and future forecasts to drive cost certainty.

Suitable for simple and complex projects, Mastt simplifies cost control, cost tracking, and decision-making across the entire project lifecycle.

Trusted AI Does Your Heavy Lifting

Automate repetitive cost management tasks with artificial intelligence. Liberate yourself from data entry and let our AI Contract & Payment tools prepare your cost report.

Work with AI inside Mastt’s AI Template Studio to prepare financial insights and dashboards based on your prompt, helping you build smarter, faster, and with less guesswork.

Executive Dashboard for Capital Improvement Programs
A screenshot of Mastt’s Project Cost Dashboard for the Skyline Tower Development project. The dashboard visually summarizes key financial metrics including total budget (3.0m), committed costs (4.3m), forecasted final cost (EAC) of 4.7m, variance to budget (-1.8m), and total paid (0.8m). It features dynamic charts and graphs showing budget vs payment progress, variance bars, and a cash flow graph with monthly and cumulative overlays.

Numbers You Can Trust. Real-Time Project Cost Tracking

Mastt’s budget management and project cost tracking software gives you instant visibility into your financials - committed spend, payments to date, and budget variance - all in one place. Actual costs update in real time as expenses and payments flow in from project managers.

With Mastt managing your budget, you stay in control. Prevent cost overruns, respond to issues faster, and make smarter financial decisions at every stage of the project lifecycle.

AI-Powered Streamlined Contract & Payment Management

No more chasing spreadsheets or second-guessing approvals. Mastt’s artifical intelligence automates project cost data entry, creates payment recommendations and simplifies contract workflows so your team can focus on delivering, not double-checking.

You’ll feel confident knowing every payment aligns with budget and actual cost, with full transparency. It’s smarter cost control without the stress.

A payment recommendation document for a construction contract, showing project and contract details, claim periods, submitted and approved amounts, and a breakdown of payments. The document includes financial data such as total to date, remaining amounts
A screenshot of Mastt’s Project Cost Management dashboard displaying cash flow forecasting for a construction project. The interface includes a dynamic bar and line chart showing monthly financial data such as paid amounts, contract values, uncommitted costs, risks, and cumulative overlays. Below the graph, a detailed cost breakdown is presented by project phase, with forecast figures, unassigned amounts, and monthly allocations.

Forecast with Precision. Command Your Cash Flow.

Mastt puts you in the pilot seat with a real-time cash flow dashboard that connects actual costs, project commitments, and future spend.

Instantly visualize how every change impacts your project budget, and forecast with precision using live data, not guesswork. Mastt's project cost management software that feels like a control tower: powerful, responsive, and built for complex construction projects.

The Complete Cost Management Software for Construction

Discover how our integrated modules work together to revolutionize your construction project cost management. Mastt is working to power each component with AI technology that learns from the construction sector's best practices.

Project

Take control of your project from start to finish & work with AI

Project Dashboard

Keep track of projects with live, interactive reports 24/7. See rich, powerful visualizations.

Project Controls

Unify cost, risk, schedule, and reporting in a simple construction project controls system.

Team Collaboration & Sharing

Easily invite team members and share project data in real time.

Work With Trusted AI

Automate repetitive tasks with Mastt’s AI data entry and template tools.

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Program

Unlock Program Visibility, Control & Results

Program Dashboard

Mastt brings every project in your program into one clear, connected view.

Program Controls

Roll up cost, risk, schedule, and reporting from every project into one unified, real-time view.

Data Confidence

Consistency across every project. Secure, centralised data, full audit trails, and real-time decision-making.

AI That Scales Across Your Portfolio

Mastt’s trusted AI eliminates the admin and manual standardisation that slow your team down.

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Dashboard

Turn Project Chaos Into Clarity With Real-Time Dashboards

Project Dashboard

Keep track of projects with live, interactive reports 24/7

Report Templates

Fast & automated reports from project status to project portfolio reports

Powerful Visualizations

Capital project charts, maps, visualizations and other components out of the box!

Report Storage

Snapshot & store entire projects or reports for record keeping & compliance

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Cost

Project Cost Management Software for Total Control

Project Budgeting

Digital ledgers and smart forms for financial precision

Variance Analysis

Track costs back to budgets and see unders/overs

Commitments

Centralise all contracts & payments back to budgets

Cash Flow & Forecasting

Report on cash flow actuals, forecasts, and baselines

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Schedule

Know What’s Happening, What’s Next, and What’s at Risk

Complete Visibility

Manage the complete project lifecycle across your portfolio

Key Milestones

Tracks your project through key milestones

Track Phases & Stages

Manag projects through clear phases, stages and gates

Health Reporting

Measure performance of a portfolio of projects

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A screenshot of Mastt software showing a bar chart atop a table of milestones horizontally across the page
Risk

Risk Management made easy

Best Practice

Risk Management process made simple & configured to your likelihood & impact ratings

Impacts & Treatments

Streamline Risk Analysis on your 5x5 or 4x4 Risk Matrix and identify Treatments

Report & Workshop

Visualize Risks for fast, easy reporting and workshopping. Generate a Risk Register

Project or Program

Maintain Risk Registers at a Project or Program / Portfolio level

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AI

Work With Trusted AI Co Pilots

AI Data Entry

Liberate projects from data entry and let Mastt's AI data entry tools prepare your Cost Report.

AI Template Studio

Get the best dashboards, reports, instantly based on your prompt.

Al Project Assistant

Coming soon

AI Agents

Coming Soon

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Perfect for Construction Cost Control Leaders

Whether you're managing a simple project or multiple capital projects, our project cost management software adapts to your role's unique challenges and responsibilities.

Start with Proven Budget Tracking Templates

Kick off your project with pre-built, best-practice templates designed for construction cost management. Track budgets, actual costs, and forecasts - fast, free, and with total confidence.

Powerful Features for Smarter Cost Management

Mastt’s cost management system gives your team the tools to stay on top of budgets, improve cost performance, and deliver with confidence.

Cost Tracker

Automate financial project controls, including budgets, contracts, payments, forecasting & more in a single table for projects or programs.

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Cash Flow Forecasting

Fast, easy cash flow forecasting. Automated actuals and reconciliation with budgets.

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Contracts

Digitise and automate your contract, line items, retentions & payment certificates.

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Variations

Digitise and automate your variation register, process and certificates.

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Budget Changes

Add, remove or transfer funds to and from budgets or sub-budgets easily.

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Reporting

Create weekly, monthly or quarterly reports quickly and easily.

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Project Roll Up & Aggregate

Automatically roll-up and aggregate projects into programs, portfolios, regions, assets and more.

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Payments

Digitise and automate payment management, retentions and recommendations.

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Forecast & Uncommitted

Create uncommitted line items for potential changes, scope, work elements, risks, anything!

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Dashboard

Fast & automated dashboards, reports. Charts, maps, visualizations and other components out of the box.

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Dashboard

Chart, Table & Visual Library

Create amazing dashboards and reports effortlessly with Mastt's automated, ready-to-use library of visualizations.

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Chart, Table & Visual Library

Andrew Benn, WSP Technical Director

"With Mastt, our client can see the status of the project anytime, reducing back and forth queries, and not having to wait until the end of the month to receive a monthly report."

Read Case Study

Rebecca White, RPS Program Manager

"Mastt has saved our team significant time and effort in managing the financials elements of 65+projects. The team now has total visibility over their individual projects as well as the overarching program of works."

Read Case Study

Erik Maasepp, Capital Insight Senior Project Manager

"Mastt takes away a lot of user error that spreadsheets bring. With Mastt, we are able to combine multiple projects into programs or portfolios for management level analysis and direction."

Read Case Study

CAPT. Dan Foley, Army Digital Transformation Manager

"Mastt is increasing the team’s tempo and productivity by enabling real time information across our portfolio of projects. This transparency is assisting us to make informed decisions, to identify opportunities and reduce the risk."

Read Case Study
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Dan Atkins, Jacobs National Program Manager

"Mastt's ability to record critical financial information as well as program forecasted delivery and milestones put Jacobs in a favourable position to our clients."

Read Case Study
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Mohammed Salameh, Compass' Associate Director

"Moving to Mastt is one of the best decisions my team has ever made. It’s cost-effective, easy to use, and a quick set up."

Read Case Study
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Fergus Bruce, Project Manager at WSP

"A key factor in our decision to adopt Mastt is its user-friendliness. It had to continue to empower us to work smart, allowing us to consistently deliver excellence across multiple sectors and geographic regions."

Read Case Study
Testimonials

See Why Industry Leaders Trust Our Platform

Join thousands of construction professionals who've transformed their lives with our platform. From small project managers to enterprise capital projects, our customers consistently deliver projects on time and under budget.

Mastt’s real-time updates allow our team to keep updated on progress and provide updates to clients whenever required. Mastt has saved our team significant time and effort by becoming a ‘one-stop shop’ for managing the financial elements of 65+ projects.

Rebecca White

RPS

Practice Lead

Mastt provides standardisation of cost management tasks and centralises project cost information, which improves team collaboration, data access, budget planning, project governance, and reporting capability.

Andrew Boska

RPS

Project Manager

Mastt allows financial and status tracking of construction projects all in one system (no need for backup spreadsheets!). The system makes it easy to track the overall budget status and report quickly and easily to your clients.

Taylor Daniell

Jacobs

Senior Project Manager

Mastt will be used across all our development partners. It is a great way of tracking and forecasting cash flows, claims paid to date, risks, and key milestones.

Matt Hibbert

Australian Unity

Portfolio Analyst

It has been great to have the visibility to review our variations and ensure that we are getting value for them. We were also able to easily identify that we had circa 90k in credits, which prompted us to follow up. We are getting great value out of Mastt when we can do things like this.

Elke Forrest

Oakhill College

Business Manager

Mastt enables efficient and accurate forecasting and cash flow management at an individual project level, as part of a portfolio, or as part of a program of works. Communication with internal and external stakeholders is EXCELLENT. Risk management and communication of the risks at different business levels is excellent.

Mathew Jetson

AECOM

Associate Director

Mastt was easy to use and set up. It uses a lot of cost management principles that clients and contractors would be familiar with but takes away a lot of user error that spreadsheets bring. It also has the power to combine multiple projects into programs or portfolios to filter data for management-level analysis and direction.

Erik Maasepp

Capital Insight

Associate Director

Mastt's ability to record critical financial information, as well as program forecasted delivery and milestones put Jacobs in a favourable position for our clients.

Dan Atkins

Jacobs

Section Leader Defence Infrastructure & Delivery Solutions ANZ

Mastt helps reduce the opportunity for errors in cash flow and budgeting and provides insights into aggregated data and program trends that we need.

Stephanie Watts

RPS

Project Director

Great CAPEX management tool with intuitive infographics. The dashboard view of projects is something that we did not have before Mastt. I can see that it will deliver a clearer and more intuitive understanding of capital projects to executives.

Jonathan Glover

Defence

Since using Mastt, it has significantly increased the efficiency and accuracy of the financial management of infrastructure projects and programs. The ability to accurately manage cash flow and forecasting enables a greater level of planning within a program of work level.

Mathew Jetson

AECOM

Associate Director

Time saver!!! Historically, we managed budgets & contracts on our projects through an Excel spreadsheet with many macros. Mastt automates this, removing the potential to make mistakes and break formulas.

Lucais Haldane

Capital Insight

Project Manager

Frequently Asked Questions

Can I export to excel?

Yes, you can download spreadsheets anytime directly from within the application.

Can I access a demo to play with the system?

Yes, simply click 'Get Started' in the top right today!

How do I export Cost Registers from Mastt?

Exporting Cost Registers from Mastt is a breeze – just a click, and you have your report in excel, PDF and other formats.

Does Mastt offer automated Cash Flow projections?

Automated cash flow projection functionality is currently unable to be undertaken within Mastt, however Mastt does allow for detailed cash flow reports to meet all your reporting needs. We should have automated cash flow projections ready to use in a few months.

Can I upload Excel files to the Cost Module in Mastt?

Mastt can easily upload your existing spreadsheets into Mastt. We're trying a few new methods of enabling this for users, including an Ai tool so you don’t have to even format a template for uploading.

Can I create Payment Certificate documents in Mastt?

Yes, generate automated Payment Certificate documents in Mastt with ease, saving you valuable time.

Can I attach documents to Contracts, Variations or Change Orders, and Payments in Mastt?

Yes, you can easily attach and manage documents related to all your project financial needs in Mastt.

How can I generate Variation or Change Order Approval documents in Mastt?

Quickly extract pre-configured Variation or Change Order Approval documents directly from Mastt to streamline your process.

Can I set up my own Budget breakdown structure in Mastt?

Absolutely, Mastt allows you to customize the budget breakdown structure to suit your project's needs.

Is there a way for me to trial Mastt before I commit?

Yes, you can access our Sandbox Environment to explore Mastt's features before making a decision.

What are Mastt's pricing options?

Head to mastt.com/pricing to see all our pricing.

How do I input data into Mastt, and am I responsible for keeping it updated?

Yes, after onboarding, you're in charge of inputting and updating project data in Mastt, which occurs directly within the modules.

In which formats can I export my data from Mastt?

You can export your data from Mastt in Excel, CSV, or PDF formats, whichever suits your needs.

Powering Construction Project Management with Easy-to-Use Tools