Job Costing: Estimate, Track and Review Margin
Compare estimated and actual labour, materials, subcontractors and overhead, then choose the next pricing or delivery action.
List of all related Margin101 business guides.
Compare estimated and actual labour, materials, subcontractors and overhead, then choose the next pricing or delivery action.
Design observable billing milestones and model invoice and receipt dates separately from project profit.
Re-cost actual work, isolate the changed input and decide whether to revise scope, rate, process or capacity.
Separate job contribution from capacity, cash timing, strategic value and downside risk before deciding whether to bid.
Define the pool and object, compare plausible allocation drivers and retain an unallocated contribution view.
Match the denominator to the cost pool and decision, reconcile total cost and avoid comparing unlike per-object figures.
Compare matched crew records by worker-hours, accepted output, loaded labour cost and contribution without asserting an ideal crew size.
Keep labour, materials, subcontractors and allocated overhead visible without counting the same cost twice.
Capture estimated and actual job costs on one basis and reconcile variances without double counting.