Project Cost Management

What is Cost Overrun? Causes & Pro Tips to Avoid Budget Blowouts

Cost overrun means a project costs more than planned. Learn the causes, risks, and best ways to track, manage, and prevent budget overruns in any project.

Doug Vincent

What is Life Cycle Cost Analysis? Learn How to Do it Right

Life Cycle Cost Analysis calculates total project costs from start to finish. Learn how to do it right for smarter construction budgeting and long-term savings.

Kristina Eckert

Construction Project Accounting Made Simple for Contractors

Learn how to manage construction project accounting, track costs, control budgets, and improve cash flow. A simple guide for contractors to stay profitable.

Jefbeck Eje

Construction Budget: Plan, Track, and Stay on Target

A construction budget lists all project costs, from materials to labor. Learn how to plan, track, and manage budgets to avoid delays and overspending.

Doug Vincent

Construction Contingency: Typical Fees, Uses & Best Practices

Construction contingency covers unexpected costs like design changes & price spikes. Learn how much to set aside, how to use it, and common mistakes to avoid.

Doug Vincent

Variance Analysis: Calculate, Track, Report [Free Calculator]

Learn how to calculate, track, and report variance analysis in project management. Use our free variance calculator to manage costs, schedules, and resources.

Doug Vincent

What is Cost Aggregation? A Key Technique for Reporting on Multiple Projects

Learn what cost aggregation is, why it matters in project management, and how it helps combine costs across projects for better financial tracking and decisions.

Doug Vincent

The Basics of Cost Reporting in Construction Projects

Learn what cost reporting is, why it matters in construction projects, and how it helps track budgets, control costs, and keep projects on track financially.

Doug Vincent

What is a Cost Engineer?

Learn what a cost engineer is, their role in managing project budgets, estimating costs, analysing risks, and ensuring construction projects stay on track.

Jacob Gibbs

Top 5 ‘Must-Do’ for Construction Project Budgeting! [Examples]

Doug Vincent

Importance of having Actuals in Construction Progress Tracking

Doug Vincent

The Importance of Real-Time Cost Tracking in Construction

The ability to track costs as they occur can be the difference between staying on budget and facing substantial overruns. Let’s dive into why this is so crucial and how it impacts construction projects of all sizes.

Jacob Gibbs