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How to do a Job Cost Projection: Cutting through the Fog – Part 2

How to do a Job Cost Projection: Cutting through the Fog – Part 2

by Gaurav Mehrotra | Jul 31, 2020 | Cost Controls, News

You can find Part 1 here. Let’s run through an example. Let’s do an example so you see some of the challenges. Let’s take one cost code in your budget – let’s look at roadway subgrade. Below we have the budget for this cost. You can see the cost code is “1001” and...
How to do a Job Cost Projection: Cutting through the Fog – Part 1

How to do a Job Cost Projection: Cutting through the Fog – Part 1

by Gaurav Mehrotra | Jul 31, 2020 | Cost Controls, News, Podcast

Executive summary. An accurate job cost projection is vital to Company survival. And it’s not too complicated if you know the budget, the timing of your costs, and can do a little bit of estimating. It’s NOT about blindly relying on quantities completed! What’s a...

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