Cost Control Reporting and Budget Formats for Construction Projects
1. Sr
No.
What You need: Availability
Require
ment
met?
What I have developed as a
solution:
1
Format of Project budget
which is mapped with the
Proposal
Y/N
Skeleton format of budget is
proposed which will be useful for
Cost control during project life
view
2
Budget Summary format: We
must have predefined formats
of out budget presentation
which should be self
explanantory
(N/A)
Developed Top Summary of Budget
which will be repeatedly used in
Variance Analysis to be reported to
the Management.
view
3
Summarized monthly Project
Report describing
achievement of targets in
terms of major cost elements
comparising the project
(N/A)
Project Cost Report which will
highlight variations from monthly
budget in terms of WBEs and Cost
elements( Material, Labor etc)
view
4
Detailed monthly Project
Report which explains in detail
where variations occurred.
(N/A)
Detailed Cost Report which
explains in detail the above Project
Cost Report i.e Cost Center wise
budget, actual and variations are
provided
view
5
Consolidated Cost Report of
all Projects: A corporate level
report describing status of all
running projects
(N/A)
Summary report on all projects
which portrays Key Performance
Indicators of all running projects.
view
6
Daily Progress Report of
Project with quantities
Report
available
but without
Qty.
Developed Daily Progress Report
showing quantitative data to
measure and evaluate project
performance
view
7
Need to know which project is
over-spending in which type
of costs
Consolidated Cost Report by
elements: shows variances of
Material, Lab etc of each project in
one report
view
8
Need to know which project is
over-spending in which areas
of Project
WBE wise Cost Report: This
explains cost spent in diff kind of
activities like Excavation,
concreting etc. along with
variances
View
9
Need to know which kind of
material was used in which
kind of activities
Material Cost Variance Analysis:
shows WBE wise material
consumption with quantities and
price
view
Cost Control Reporting requirements and Solutions
2. Sr
No.
What You need: Availability
Require
ment
met?
What I have developed as a
solution:
Cost Control Reporting requirements and Solutions
10
Need to measure labor
utilization on different
activities (WBE)
Labor Utilization Report: It
calculates manpower employed on
each WBE and compares with
standard time required as per
Proposal
view
11
WBE wise Equipment
utilization
Equipment Utilization Report: It
portrays the usage of Equipment in
diff activities of the project
view
12
Shared Costs of Equipment to
be charged to relevant
activities
Shared Equipment Costs allocation
report is designed alongwith the
basis of allocation
view
13
Cost Audit techniques of
Project Expenses should be
provided to ensure integrity of
project data
Simple to use audit techniques are
being formulated. To check
accuracy of Material cost, attached
report is designed
view
14
Subcontractor evaluation
forms should be available to
control cost and payments to
subcontractors.
Subcontractor Evaluation Form is
designed
view
15
Cost of Production reports of
Plants
A Sample of my previous work is
attached for reference only. Actual
report will be created based on
Information systems of IMP
view
16
Weekly Project Performance
Report: Showing all critical
aspects of a Project
Not designed here, however, a
sample is avilable for adoption.
Exact report will be created based
on Information System of IMP
view
17
Expected At Completion: This
is required to be reported as
per company policy but
format is not available
This report can take any format.
For reference, image of one report
is attached.
view
18 Knowledge of your existing systems is required to make these reports successfully operational
3. DETAIL FORECAST COST CONTROL
Budget
Project#
Project Name:
Location:
Material Labor
Sub-
contract
Equip-
ment
Over-
head Total
1 General Costs
1 00 6 10 Insurance
2 00 6 11 CAR
3 00 6 15 CPM cover
4 00 8 90 Mobilization
5 01 3 21 Demobilization
6 01 3 31 Sign Board
7 01 4 51
2 01 5 01 Design Related Costs
3 01 5 02
4 01 5 03
5 01 5 04 General Requirements- Site Workshops
6 01 5 11 General Requirements- Temporary Water
7 01 5 12 General Requirements - Temporary Electricity
8 01 5 13 General Requirements- Temporary
Telecommunications
3 01 5 14 Architectural
4 01 5 22 General Requirements- Site Transportation
5 01 5 23 General Requirements- Site Offices and
Equipment for Contractor
4 01 5 24 Structural
4.1 Structural Steel and Re inforced
t
Shalow foundations
II. Other Provisional Cost Not Included
- - - - -
Prepared by: Approved by :
S.N
o
Cost code Description
Total Cost (Budget)
T O T A L
4. Budget Summary(format)
Project Name
Project No.
Employer: Expected Start Date
Expected Finish Date
Sr. BOQ Items Material Labor Subcontract Equipment Overhead Total Cost Profit Margin Total Price
1 General Costs
2 Design Costs
3 Archiectural
4 Structural
5 Geotechnical
6 Mechanical
7 Electrical
8 Utilities
9 Transportation
10 Dewatering
11 Jet Fuel Hydrant Network
TOTAL
6. Project Name :
Location :
Covered Period Upto the month
SUMMARY BY WBS SUMMARY BY ELEMENTS:
WBS Description
Total
Budgeted
Budget upto the
period
Actual Cost from
ERP
VARIANCE
Expected at
Completion
COMMENT
Budget upto the
period
ACTUAL COST
FROM ERP
VARIANCE COMMENT
1 General Costs Material
2 Design Costs Labor
3 Archiectural Subcontract
4 Structural Equipment
5 Geotechnical Overhead
6 Mechanical Total
7 Electrical
8 Utilities
9 Transportation
10 Dewatering
11 Jet Fuel Hydrant Network
TOTAL
Prepared by: Approved by : Project In-charge Checked by : Controlled by:
REVENUE
Gross Profit
Gross Profit %
7. DETAIL TO DATE COST COST CONTROL REPORT
Project Name :
Location :
Covered Period : UP TO ----
SNOST CODE DESCRIPTION
Material Labor Subcontract Equipment Overhead TOTAL Material Labor Subcontract Equipment Overhead TOTAL Material Labor
1 00 6 10 Bidding & Contracting Requirements- Bonds - -
2 00 6 11 Bidding & Contracting Requirements- Bank Gaurantees - -
3 00 6 15 Bidding & Contracting Requirements- Insurances - -
4 00 8 90 Bidding & Contracting Requirements- Permit Fees - -
5 01 3 21 The Contractor shall Provide photos & reports to the consult. - -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
TOTAL BUDGET COST PREVIOUS EXPENSES
9. Checklist for Cost Control Dept in Contracting Company Page 1 of 1
Projected
Invoice todate
Projected Cost
todate
% Amount
1 IMP001 500,000,000
2.00 IMP002
A TOTAL 500,000,000 - - - - -
CONSOLIDATED COST REPORT
AS OF 31-JANUARY-2011
No.
IMP Project
No.
Total Contract
Amount
Total Budgetted
Cost
Actual Invoice
todate (Certified)
Actual Cost
todate
Actual Margin - To Date
10. Checklist for Cost Control Dept in Contracting Company Page 1 of 2
COST REPORT BY ELEMENTS
Material Labor Subcontract Equipment Overhead
Total
Material Labor Subcontract Equipment Overhead
1 IMP001
TOTAL - - - - - - - - - - -
AS OF 31-January-2011
No. IMP Project No.
Estimated for the period Actual for the period
11. Checklist for Cost Control Dept in Contracting Company Page 2 of 2
Provision For
Works
Total
Material Labor
-
-
-
-
-
-
-
-
- - - -
12. Page: 1
Date: 8/3/2015 at 4:49 PM
Date Job Numbe WBE Item Number Item Description Quantity Unit Cost Ext. Cost
21210 Total 1,973,959 8,916,390
21220 Total 6,250 43,544
21230 Total 5,400 21,435
21250 Total 9,402 125,358
21320 Total 50 504
21340 Total 18,000 1,044,342
21410 Total 146,888 5,415,707
21710 Total 3 (497,061)
21740 Total 224,331 5,836,061
21753 Total 51,218 239,509
21830 Total 51 231,284
21860 Total 70,813 274,999
21885 Total 1,533 55,612
21895 Total 3 2,458,645
Subtotal for Project 2,507,901 ##########
2,507,901 ##########
Grand Total for All Projects 7,523,702 ##########
WBE Total Cost
21210
ADMIXTURE SIKAMENT 520-BA 264,202
CEMENT ORDINARY PORTLAND BSS 12 7,798,754
CRUSH 3/8" 535,183
DIRECT MATERIALS -298
SAND FINE 318,551
8,916,390Rs.
21220 Total
SAND FINE 27,211
CEMENT ORDINARY PORTLAND BSS 12 16,333
43,544Rs.
21230
CEMENT ORDINARY PORTLAND BSS 12 21,435
21,435Rs.
21250
CALCIUM CARBONATE (LIME POWDER) 647
CEMENT ORDINARY PORTLAND BSS 12 13,094
DISC CUTTING CS: 7"x1/8" 477
ELECTRODE WELDING AWS E6013: 3.25 MM 1,115
GAS OXYGEN 1,236
Others 108,789
125,358Rs.
21320
ANGLE EQ. AL: 1/2"X1/2"X1/8" 504
21340 WIRE PRESTRESSING TENDON M.S 12.7MM 1,044,342
21410 REBAR DEFORMED MS 25 MM GR-60 # 8 5,415,707
21710 DIRECT MATERIALS (497,061)
21740 BITUMEN: GRADE 60/70 5,375,199
KEROSENE 411,603
DIRECT MATERIALS 49,260
5,836,062Rs.
21753
CEMENT ORDINARY PORTLAND BSS 12 188,761
CRUSH 3/4" 13,915
DIRECT MATERIALS 32,735
POWDER MARBLE FOR CHIPS 471
SAND FINE 3,628
239509.44
21830
PIPE RCC 48`` X 8` 231,284
21860
CRUSH 3/4" 2,272
SAND FINE 6,803
POWDER MARBLE FOR CHIPS 65
CEMENT ORDINARY PORTLAND BSS 12 265,860
274999.06
21885 CEMENT ORDINARY PORTLAND BSS 12 212
REBAR DEFORMED MS 12 MM GR-60 # 4 55,399
55612
21895
DIRECT MATERIALS 2,458,645
WBE WISE COST REPORT
14. WBE WISE MAN-HOURS REPORT
21132- SITE CLEARING
PROJECT : Period
Craft
Description
Normal Time Over time Total
05 AREA INCHARGE(CIVIL) 48.00 12.00 60.00
11 SUPERVISOR(CIVIL) 48.00 12.00 60.00
49 LABOUR 80.00 20.00 100.00
57 HELPER 80.00 20.00 100.00
256.00 64.00 320.00
Labour utilization report
WBE Cost Code
Quantity
Claimed in
Progress
Invoice Craft
Standard
Labour
hours
required
Actual
Labour
Hours
spent
16. Hours Over Break DIESEL ENGINE
Eqp. C.C Proj WBE WBE Description Consumed Time Down OIL
71105 CRANE 40 TONN 21110 CLEARING / GRUBBING / STRIPPING / T 10 0 0 0 0
71105 CRANE 40 TONN 21120 GENERAL OPEN SECTION EXCAVATION BY MACHI 9 0 0 100 0
71105 CRANE 40 TONN 21130 BACK FILLING GENERAL/OPEN SECTION WITH C 104 28 0 0 0
71105 CRANE 40 TONN 21135 FILL WITHOUT COMPACTION 130 10 0 0 0
71105 CRANE 40 TONN 21170 DEWATERING 10 4 0 0 0
71105 CRANE 40 TONN 21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 88 26 10 302 0
71105 CRANE 40 TONN 21250 CONCRETE PLACING FOR PRECAST ELEMENTS 40 29 0 30 5
71105 CRANE 40 TONN 21255 ERECTION OF PRE CAST ELEMENTS 24 13 10 0 3
71105 CRANE 40 TONN 21310 FORMWORK IN STRUCTURE 182 31 60 165 2
71105 CRANE 40 TONN 21320 FORM WORK SUPER-STRUCTURE 4 0 0 68 0
71105 CRANE 40 TONN 21340 FORM WORK FOR PRE CAST ELEMENTS 255 86 40 178 0
71105 CRANE 40 TONN 21885 MISC. CIVIL WORKS 247 63 23 343 5
TOTAL 1103 290 143 1186 15
72156 AIR COMPRESSOR 21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 15 0 0 200 0
72156 AIR COMPRESSOR 21740 PRODUCTION OF ASPHALT CONCR. AND SUPPLY 154 20 54 2751 0
72156 AIR COMPRESSOR 21748 ASPHALT TACK/PRIME COAT 10 0 0 0 0
72156 AIR COMPRESSOR 21885 MISC. CIVIL WORKS 78 18 0 680 0
72156
TOTAL 257 38 54 3631 0
73224 POWER GEN.40 K 21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 136 136 0 144 0
21885 MISC. CIVIL WORKS 1006 314 0 2557 6
TOTAL 1142 450 0 2701 6
73322 POWER GEN.100K 21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 50 22 0 421 0
21310 FORMWORK IN STRUCTURE 20 4 0 195 0
21320 FORM WORK SUPER-STRUCTURE 20 17 0 260 0
21410 STEEL REBAR 10 0 0 50 0
21885 MISC. CIVIL WORKS 1296 1111 2 9825 34
TOTAL 1396 1154 2 10751 34
73323 POWER GEN.100 21110 CLEARING / GRUBBING / STRIPPING / T 20 0 0 0 0
21140 HAULAGE OF RIP RAP 0 21 0 160 0
21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 20 2 0 109 0
21280 CONCRETE PLACING FOR PILES 64 24 16 642 0
21310 FORMWORK IN STRUCTURE 108 45 0 1472 0
21320 FORM WORK SUPER-STRUCTURE 60 39 0 864 30
21410 STEEL REBAR 95 62 0 1279 0
21885 MISC. CIVIL WORKS 790 719 0 7121 33.5
TOTAL 1157 912 16 11647 63.5
73324 P.GENERATOR 40 21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 260 125 0 819 0
21250 CONCRETE PLACING FOR PRECAST ELEMENTS 40 6 0 184 0
21310 FORMWORK IN STRUCTURE 82 31 8 406 0
21320 FORM WORK SUPER-STRUCTURE 70 43 0 512 0
21340 FORM WORK FOR PRE CAST ELEMENTS 110 60 0 807 0
21410 STEEL REBAR 0 10 0 57 0
TOTAL 562 275 8 2785 0
73325 POWER GEN.275 21135 FILL WITHOUT COMPACTION 2 12 0 351 0
21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 505 793 2 16262 0
21885 MISC. CIVIL WORKS 671 405 0 8424 0
TOTAL 1178 1210 2 25037 0
73326 POWER GEN.275 1 BRAKE DOWN 10 0 0 84 25
21110 CLEARING / GRUBBING / STRIPPING / T 20 1 0 60 0
21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 158 93 0 2286 0
21250 CONCRETE PLACING FOR PRECAST ELEMENTS 50 12 0 641 0
21310 FORMWORK IN STRUCTURE 278 152 10 3915 0
21320 FORM WORK SUPER-STRUCTURE 582 224.1 21 7587 25
21340 FORM WORK FOR PRE CAST ELEMENTS 110 50 0 1153 0
21410 STEEL REBAR 40 17 0 544 0
21885 MISC. CIVIL WORKS 180 38 0 938 0
TOTAL 1428 587.1 31 17208 50
73327 POWER GEN.275 1 BRAKE DOWN 10 7 0 350 0
21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 637 266 1 9780 0
21885 MISC. CIVIL WORKS 680 337 128 12957 165
TOTAL 1327 610 129 23087 165
73328 P.GEN 15 KVA S 21135 FILL WITHOUT COMPACTION 10 0 0 0 0
21210 CEMENT CONCRETE PRODUCTION AND SUPPLY AT 110 0 0 86 0
21250 CONCRETE PLACING FOR PRECAST ELEMENTS 0 10 0 0 0
21255 ERECTION OF PRE CAST ELEMENTS 20 20 0 32 0
21310 FORMWORK IN STRUCTURE 231 32 80 332 0
Project WBE Wise Equipment Utilization Report
Project Name
Report period------
17. WBE Diesel Engine Oil Rent Charged Total
Production
Qty Unit
Cost Per unit
of Production
Clearing of site 335,601 - 573,052 908,653 0
Compaction 158,321 - 271,766 430,087 0
Asphalt 258,413 - 556,726 815,139 0
1,090,676 - 1,455,813 2,546,489 210 Sq M
225,792 - 523,181 748,973 215 Sq M
182,979 - 85,224 268,203 63 Sq M
Rebar 15,635 1,416 8,843 25,894 12 Ton
430,470 - 1,280,129 1,710,598 2963 Cum
2,814,710 - 1,924,984 4,739,693 0 Cum
279,272 5,664 758,671 1,043,607 934 Cum
496,589 - 699,215 1,195,804 1800 Sq M
94,722 - 148,897 243,619
- - - -
1,496,159 - 1,482,135 2,978,294
2,143,142 - 3,757,836 5,900,978 1795 Cum
- - - - 56 Cum
Grand Total 19,709,360 14,160 26,479,890 46,203,410
Rent is allocated to WBEs based on Equipment Utilization Report
Project
WBE wise Equipment Cost
For the period
18. Store/warehouse Record
For the month of….
Sr Material Item
QTY Value QTY Value QTY
1,000,000
Reconciliaiton with:
Financial Record
Total Purchases for the month 1,000,000
Closing balance in financial ledger
Total Material Issues in financial record
Difference -
Monthly Cost Audit Sheet for Materials
Opening Bal Purchases Iss
20. Subcontractor evaluation form
Project#
Subcontractor:
Invoice No.
For the period
Quantity Rate Amount Quantity Amount Quantity Amount Quantity Rate Amount
This Period Balance to be done
RemarksWBS WBE Description UOM
Total Contract Invoice Upto last period
23. Analysis of Culverts costs
Quantity of work done
For the period
QTY Total Cost Per unit Cost QTY Total Cost Per unit Cost
Material
Labour
Equipment
Sub-contractor
Overhead
Total Cost
Cost Elements
Budget Actual
Variance
24. Material Purchase Evaluation form
Project#
Supplier:
Quantity Rate Amount Quantity Amount Quantity Amount Quantity Rate Amount
Budget Balance Suggested Purchase Budget Balance
after Purchase RemarksWBE Item Code Item Description UOM
Total Budget Spent todate
25. Check-List for Material Items mostly likely to be chargeable to certain Cost Codes
WBS(s) WBE(s)
Audit of Project Record for correct Cost Codes(Using Excel tools)
Sr. No Item Code Item Description Issue to WBE Correct/Incorrect
1 123 xyz 88-888-99 Y/N
Sr. No. Item Code Item Description
Applicable Cost Codes for: