Understand Job Budget Metrics

This page explains the key budget metrics available within a job and how they are calculated. Job budget metrics help you track projected revenue, expected costs, and overall financial performance as expenses, change orders, and approvals occur. Understanding these values allows you to identify budget risks early and monitor whether a job is trending over or under budget.

To review Job Budget Metrics:

1. Go to the Job Center.

2. Select the Jobs tab.

3. Open the job you want to review.

4. Navigate to the Budget section of the job.

5. Select Cost Code or Cost Type to check:

Metric	What it Represents
Projected Budget	The current contract value for the job. It includes the original contract amount plus any approved Prime Contract Change Orders. Pending Prime Contract Change Orders are shown separately and do not affect this value until approved.
Projected Costs	The total expected cost of the job based on current information. This includes committed costs, non-committed costs, actual spending, and any pending cost changes submitted by vendors or subcontractors.
Forecast to Complete	The remaining expected cost required to finish the job. This value is calculated by comparing the projected budget against projected costs to estimate what is left to spend.
Estimated Cost at Completion	The total expected cost of the job once all work is completed. It reflects current spending plus the forecasted remaining costs.
Over / Under Budget	Indicates whether the job is projected to finish within budget or exceed it. If projected costs increase without an approved Prime Contract Change Order, this metric highlights the potential financial impact.

1. (Optional) Select +Add to Job to associate the item with the job and include it in the job’s budget and financial tracking.

2. (Optional) Select Save to save any changes.

Use these metrics together to monitor job performance, evaluate financial risk, and ensure revenue and costs stay aligned throughout the job lifecycle. By regularly reviewing job budget metrics, you gain clear visibility into how costs, revenue, and change orders impact a job’s financial outcome.

See also

To understand more about Job Center functionalities, you can check:

• Manage Downstream Pending Cost Changes: Understand how vendor-initiated cost changes affect projected costs and help identify budget risks before they impact job profitability.

• Add contracts and contract invoicing: Learn how to create and manage contracts, generate contract invoices, and track billed amounts, retainage, and revenue over the life of a job.