No items found.
WEBINAR: Delete Your Sheets: How Subs Can Streamline Billing
Register Now →
By clicking “Accept All Cookies," you agree to let Siteline store cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.
Construction Glossary >
Project Cost Report
Construction glossary

What is a Project Cost Report?

A Project Cost Report in the construction industry is a comprehensive document that provides detailed information about the estimated and actual costs associated with a construction project. This report is an integral part of the overall project management and facilitates financial transparency. It includes details like labor costs, material expenses, equipment costs, indirect costs and overheads, and is usually updated on a regular basis - often weekly or monthly. The report helps in tracking budget variations, identifying potential financial risks, and aids in making informed financial decisions. It plays a crucial role in ensuring that the project is delivered within the stipulated budget.