Project Cost Management Software

Project Cost Management Software for Complete Control

Mastt’s project cost management software for construction gives you precise control of budgets, actuals and forecasts. Manage payments and changes in one platform and keep cost performance aligned across every project.

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

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A logo of RPS.
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Cohere Project Management logo with a stylized asterisk symbol to the left.
Summertown Interiors logo featuring a stylized tree with three circular leaves in a red square next to a gray rectangle with the word interiors.
A logo with black text that says "Australian Department of Defence"
A logo of RPS.
Monash University logo featuring a shield with an open book, laurel wreath, stars, and motto banner.
Tomahawk Property logo featuring a stylized outline of a building next to the company name.
Orange text logo reading 'Tango' with a unique design where the 'g' merges into a square shape.
Super Retail Group logo with stylized orange, blue, and red diagonal stripes.
Logo of the company MostynCopper with black text and a blue underline beneath.
RCP logo with red diamond-shaped graphic and the tagline Leadership in Project Management.
Logo for Signature Project Management with stylized 'S' inside a rectangular border and bold text.
SOILCO logo with stylized S shape in dark and green rectangle.
Logo of GenUrban Projects Co with stylized U featuring a circular lined design.
Logo for Grid Construction featuring a geometric icon with black and red segments beside bold text 'GRID CONSTRUCTION'.
Cohere Project Management logo with a stylized asterisk symbol to the left.
Summertown Interiors logo featuring a stylized tree with three circular leaves in a red square next to a gray rectangle with the word interiors.

Project Cost Management Software Built for Total Financial Clarity

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 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.

Learn More
Collage of business and construction project management interfaces with profile photos of a man in a suit, a woman holding a tablet, and a construction worker wearing a hard hat and safety vest, each marked with a green checkmark.
Program

Unlock program visibility, control and 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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User interface displaying multiple project cards with images of buildings and construction, showing project counts and team member icons with check marks.
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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Dashboard interface showing Budget and Committed metrics, a dropdown menu with options to Download PDF or Share Dashboard highlighted with a cursor, and key performance indicators for Scope, Time, Cost, Risk, Safety, and Quality.
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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Finance dashboard showing Budget vs Actual chart with colored bars for Budget, Variance, Forecast Final Cost, and Payment Progress, and a Finance Bar Chart by Project with purple and green bars.
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

Manage projects through clear phases, stages and gates

Health Reporting

Measure performance of a portfolio of projects

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Project schedule interface showing task progress with green checkmarks, colored bars, and icons, overlaid with Oracle P6 and Microsoft Project logos.
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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Project risk matrix for Pre-Treatment showing likelihood versus impact with colored risk levels and a table listing three risks with post-ratings labeled Low, Very Low, and Medium.
Document Management

Everything you need for document management

One central hub

Store every contract, report and project file in one secure place.

Organised project folders

Structure every project with clear, consistent folders your whole team can navigate.

AI Chat with your files

Ask questions in plain English and get answers from your documents instantly.

Linked to finances

See every document tied back to its source in your project - contract, payments, changes and more.

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AI

AI for project management

AI Project Assistant

Ask questions, draft letters, and get instant guidance on your project.

AI Upload & Autofill

No more manual data entry. Mastt AI pre-fills forms into the cost module automatically.

AI Document Review

Chat directly with your contracts, reports, and drawings. Extract key info instantly, generate insights.

AI Payment Review

AI that scans contracts, payments and invoices. Performs all required checks for approvals.

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User interface showing a dropdown menu with options Project Manager, Project Owner, Contractor, and Subcontractor under 'Acting as' with a cursor selecting Project Manager, surrounded by profile pictures of diverse professionals.

Perfect for Construction Cost Control Leaders

Whether you're managing a simple construction 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 in a single table for projects or programs.

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Cash Flow Forecasting

Forecast cash flow from live budget and payment data.

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Contracts

Track construction contracts, changes, payments, and commitments with clear financial control.

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Variations

Track every variation in real time with full audit trails from submission to certification.

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Payments

Digitize and automate payment management, retentions and recommendations.

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Forecasts & Uncommitted

Track forecasts and uncommitted costs with real-time budget visibility.

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Dashboard

Automated dashboards with charts, maps, and visualizations out of the box.

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Dashboard

Data Visualization Library

Build dashboards with a ready-to-use library of charts and visualizations.

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Data Visualization 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.

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

A very intuitive platform for financial management. Ability to access the platform from both restricted secure networks (Defence) and public networks. Ease of adapting existing processes into a far more streamlined process.

Golborn Turner

Defence

Since moving to Mastt, our reporting regime has become a lot simpler. We are able to report in real time, so there's no delay in financial data being updated. The time it takes is a lot quicker, making the fund a lot more efficient for investors.

Jacob Edwards

Australian Unity

Fund Manager

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

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

Mastt allows us to complete our cost management activities in a more efficient way and gives us more time to focus on technical project management activities that we face in the role of project manager.

Therese Jensen

Essence PM

Project Manager

So for us, Mastt allows us to have a single source of truth, as all the costs of instructions are in one centralised location, including payment claims. Because it’s not an Excel file, it can’t be manipulated to make a number work. It kind of pulls through the true cost.

Andrew Bowden - Colliers NZ

Andrew Bowden

Colliers Project Leaders

Auckland Regional Manager

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

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 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 provides financial information in an easy-to-read and succinct manner. Mastt is constantly requesting feedback on how they are able to better the system and assist in teaching me ways to extract information from the software in a way that is tailored to my needs.

Emanuel Milatos

RPS

Project 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

Frequently Asked Questions

How much does Mastt's project cost management software cost?

Starter plan is free for your first project with no credit card required. Professional plan costs $150 per project per month. Enterprise pricing is custom. See Mastt pricing.

Where can I see how Mastt handles budgets, payments, and forecasting?

The Mastt Product Tour page covers budget, contract, payment, and forecasting workflows in sequence.

Does Mastt support invoice and payment checks?

Yes. Mastt runs invoice checks and compliance review before approval using invoice verification software backed by Mastt's AI.

Can Mastt produce cost reports for owners and stakeholders?

Yes. Cost reports pull from real-time budget, forecast, and performance data, so they're always current when needed. See Mastt's cost reporting software to learn how it works.

Does Mastt connect payments and change activity back to the budget?

Yes. Budgets, contracts, change orders, and payments sit in one cost structure. You can track how each change affects the cost position over time.

Can I build budgets by phase or stage and adjust them over time?

Yes. Budgets can be structured by phase or stage, with sub-budgets and funding releases tracked separately. Fund transfers and budget updates happen in the same place when scope or funding changes. See Mastt's project budgeting software for details.

How does Mastt help with cost control and variances?

Mastt brings budgets, commitments, payments, and risks into one cost tracker view. Variances are visible at a glance, with the ability to drill into what's driving each movement. See Mastt's construction cost tracking software for how it works.

Does Mastt support cash flow forecasting for construction projects?

Yes. Mastt includes a real-time cash flow dashboard tied to actuals, commitments, and forecast. You can see how changes affect spend and forecast position.

Can Mastt track budgets, contracts, change orders, and forecasts together?

Yes. Mastt tracks budgets, contracts, changes, forecasts, and risks in one integrated system. The “Overall” view organizes these items in a clear hierarchy for control.

What is Mastt’s project cost management software?

Mastt's project cost management software controls budgets, actuals, and forecasts in one place. Payments and changes are managed while keeping cost position current, with all records available for reporting and governance.

Flexible Pricing Plans

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Professional

Flexible month-to-month plan, payable by credit card. Add projects as you grow and access free videos, training, and guides.

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