![]() ![]() budgeted costs to determine the accuracy of your estimates. Over time, you can track actual costs vs. At the end of the project you can also add actual costs to track how your project performed against the estimated budget. The template will automatically calculate your total budget. What to do with line items that you don’t need or aren’t listed Step 4: Check your totals and track performance Site prep (Demolition, waste removal, storage, scaffolding, etc.) ![]() General requirements (planning, permits, administrative, legal fees, etc.) Using manual methods or takeoff software, estimate all of the materials and other resources that you’ll need and add them to the sheet in the appropriate cell. Step 1: Add estimated material costs to the budget You can also use the “Other” line item to account for anything missing from this template. And if you’re working on a commercial project, you can probably ignore the line items for screened porches, decks, and certain appliances like washers and dryers. ![]() This budget can be used for both residential and commercial construction projects, all you have to do is fill in the line items that are relevant to your project and ignore those that aren’t.įor example, if you’re budgeting for a residential project, you might be able to ignore a line item such as job-site security. Now, let’s take a look at how to use this construction budget template. What is takeoff software? ( Source ) How to use a construction budget template: Step by step ![]()
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