Youtor
Project Cost Tracking Template
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=Z-dTxApPd2Q
Get this template here: https://tinyurl.com/3fux8tm3 • Be sure to reference the 'Project Cost Tracking Template'. • • This video shows how to use a cost tracking worksheet template for project management. It explains the purpose and features of the template, and provides an example of a hotel renovation project. • **Highlights**: • [00:00:02] *The purpose of the cost tracking worksheet* • Compiles all planned and actual costs for the project • Calculates the budget variance and gross margin • Tracks the purchase orders, products, and invoices • [00:00:51]**The columns of the cost tracking worksheet** • Cost code, description, vendor, purchase order number • Original budgeted cost, committed cost, paid cost, freight cost, open po cost • Estimate to complete, estimated cost at completion, variance • PO placed, product received, invoice paid • [00:01:52]**The categories of the cost tracking worksheet** • Allows to group the items by different types • Examples: labor, materials, equipment, travel, etc. • [00:02:03]**An example of a hotel renovation project** • Original contract: $60,000 • Original budgeted cost: $40,450 • Estimated cost at completion: $34,600 • Gross margin: $25,400 (42.33%) • You might also find the 'Project Budget Tracking Template' of interest: • • Project Budget Tracking Template • • Keywords: • #MicrosoftExcel • #CostTrackingWorksheet • #ProjectBudget • #ProjectCost • Links: • http://www.AIinProjectManagement.com • http://www.RichWeller.com • https://www.PMConnection.com • http://www.WellerScholarship.org • Project Management Playlist: • Citizen Developer and The Digital PMO
#############################
