Complete the project cost report sheets


Assignment Task 1:

Convert the attached bill of quantities into a trade break-up format using the project cost report sheet supplied. Pay attention to the sidecast calculations on the estimating sheets.

Assignment Task 2:

Review the project as of weeks 8 and 16 on the basis of the supplied walkthrough data.

Use this information to complete the project cost report sheets under the following headings:

  • Cost to Date
  • Cost to complete
  • Forecast final cost
  • Gain or loss
  • Comparison to previous
  • Notes/ status.

Comment on those areas where losses are developing and make suggestions as to suitable corrective actions.

The use of spreadsheets to tabulate and present your data is strongly encouraged as it should both speed up this task and reduce the chance of errors.

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