Project Controls

Cost report and exceptions

See budget, committed and invoiced figures for the whole project in one place.

The cost report adds up every budget line, commitment, approved change order and invoice on the project. Go to Project Controls › Cost Report to open it.

The cost report and the exceptions list are in development. The figures are real, but the layout may change.

Read the cost report

Each row is a budget line or cost code. The main columns are:

Budget

money

What you planned to spend.

Committed

money

Commitments plus their approved change orders.

Invoiced

money

What progress invoices have claimed.

Variance

money

The difference between budget and committed.

The report never converts currencies. A budget line has its own currency, and its figures compare against costs in the same currency.

Cost Report page showing budget, committed, invoiced, and variance columns across budget lines

Some costs cannot land on a budget line yet, for example a line with no cost code or one in another currency. They appear in the Not counted yet strip at the top. Fix the line on its document, and the cost moves into the report.

Exceptions

Exceptions lists the items that need attention, such as costs that do not match a budget line. Open it from the Cost Report page.

Cost Exceptions list highlighting unassigned or mismatched cost lines

Export

Exporting the cost report to Excel is not available.

The cost report is a sum of the documents. To correct a figure, open the commitment, change order or invoice behind it and fix it there.

AFEs

Request and approve an authorization for expenditure before money is spent.

Site Operations

Capture what happens on site with field site reports and field tickets.