Project Estimate vs Actual Cost

PJD – CRE with Hours (Summary)

This report is designed to compare budgeted (estimated) project costs against actual costs incurred, with an added focus on labor hours, for construction/CRE projects managed in Sage Intacct PJD.

What the report shows

At a project (and usually phase / cost type) level, the report typically includes:

• Original or current estimated costs
  • Labor
  • Materials
  • Subcontracts
  • Other direct costs
• Actual costs to date
  • Posted AP bills
  • Payroll costs
  • Other job cost transactions
• Cost variance
  • Difference between estimate and actual
  • Often shown as both dollar and percentage variance
• Labor hours detail
  • Estimated hours
  • Actual hours worked
  • Remaining hours (if forecasted)
  • Hour variance (estimated vs actual)

Why it’s used

This report is commonly used to:

• Monitor project performance vs budget
• Identify cost overruns or underruns early
• Track labor efficiency by comparing hours worked to estimated hours
• Support project manager reviews and internal job cost meetings
• Provide visibility into CRE-specific project costing within PJD

Typical audience

• Project managers
• Construction / CRE operations teams
• Accounting and job cost analysts
• Controllers / finance leadership

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