This allows for easier tracking of the costs of specific tasks. ![]() 3001 for Site Prep, 3002 for Excavation, etc.). Cost codes are then assigned to each cost group in that category (e.g. This spreadsheet uses cost codes to group different costs into parent categories with differing thousands of digits (e.g. This construction budget template is divided into three worksheets: Planning and monitoring your project spending all in a single document is much easier with the assistance of a construction budget template. And you can also use cost codes to more easily track your actual cost as compared to your budget. But by breaking down your budget into categories and subcategories, you can make your estimates as accurate as possible. Those totals are rarely the same, because construction is complicated, and budgeting for construction doubly so. By estimating how much each of these will cost, you can put together a budget.Ī construction budget template lets you easily track all of these estimates, along with the amount that things actually end up costing. ![]() Before starting a construction project, you definitely want to put together a budget and write down all the expenses involved with the project, including labor, material, and fixed costs. A construction budget is a plan to estimate how much your project is going to cost, so you can make decisions with an understanding of the total expense.
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