Links Copyright 1999 - 2001 Tempest Company. Project Control Services Job Costing K eeping job costs under control is as important to the construction process as is preparing the bid.
S etting up a job control budget is the first step in maintaining job cost control.
The budget can be established to track labor, material, equipment and subcontract values. These budget amounts are then used in comparing cost to date, costs this period and forecast at completion. Progress and Performance Analysis K nowing where labor, material and equipment costs are headed is a vital forecasting ability. L abor man-hours are potentially the largest variable on a project. As the project advances, the forecasts are refined to reflect the experience gained on the project.