Project Cost Tracking Template
Автор: Rich Weller
Загружено: 2022-05-24
Просмотров: 43310
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Get this template here: https://payhip.com/b/zs8PO
This video shows how to use a cost tracking worksheet template for project management. It explains the purpose and features of the template, and provides an example of a hotel renovation project.
**Highlights**:
[00:00:02] *The purpose of the cost tracking worksheet*
Compiles all planned and actual costs for the project
Calculates the budget variance and gross margin
Tracks the purchase orders, products, and invoices
[00:00:51]**The columns of the cost tracking worksheet**
Cost code, description, vendor, purchase order number
Original budgeted cost, committed cost, paid cost, freight cost, open po cost
Estimate to complete, estimated cost at completion, variance
PO placed, product received, invoice paid
[00:01:52]**The categories of the cost tracking worksheet**
Allows to group the items by different types
Examples: labor, materials, equipment, travel, etc.
[00:02:03]**An example of a hotel renovation project**
Original contract: $60,000
Original budgeted cost: $40,450
Estimated cost at completion: $34,600
Gross margin: $25,400 (42.33%)
You might also find the 'Project Budget Tracking Template' of interest:
• Project Budget Tracking Template
Keywords:
#MicrosoftExcel
#CostTrackingWorksheet
#ProjectBudget
#ProjectCost
Links:
http://www.AIinProjectManagement.com
http://www.RichWeller.com
https://www.PMConnection.com
http://www.WellerScholarship.org
Project Management Playlist: • Citizen Developer and The Digital PMO
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