Project Cost Management

Cost Baseline 101: How It Helps Control Project Costs

Learn what a cost baseline is, how it helps track and control project costs, and why it’s important for staying on budget in project management.

Jackson Row

Purchase order vs Invoice: What’s the difference?

Two of the most important documents are the purchase order and the invoice. Although these terms are often used interchangeably, they serve distinct purposes. In this blog, we’ll break down purchase order vs invoice to clarify their differences, why both are vital, and how they contribute to better financial control in construction projects.

Jackson Row

Project Budget Tracking: Steps, Tools, and Mistakes to Avoid

Project budget tracking helps you stay on time and within budget. Learn how to track costs, avoid overspending, and use tools that simplify the process.

Doug Vincent

Cost Risk Analysis: Causes, Calculations, and Proven Solutions

Cost risk analysis helps project teams identify, calculate, and reduce financial risks. Learn the causes, calculations, and best solutions to stay on budget.

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 Quantity Surveyor? Key Roles in Cost Management

Learn what a quantity surveyor mean, their role in managing construction costs, and how they keep projects on budget, on time, and running smoothly.

Jamie Cerexhe

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

What is a Contingency Budget & how to use it [Construction Program]

In this blog, we'll explore what a contingency budget is, why it's critical, and how to effectively use it in your projects to manage the unknowns.

Doug Vincent

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

What to Include in a Construction Cost Report [Examples]

Learn what to include in a construction cost report, from budgets and expenses to forecasts, so you can track costs, avoid overruns, and manage projects better.

John Fisher