Materials
AED 350,000
Allocated budget
CONSTRUCTION COST CONTROL
Know your budget. Control your cost.
Set project budgets, track planned and actual costs, and see where your construction project stands before costs get out of control.
Estimate → Budget → Execute → Track actual cost → Compare → Control
COST CONTROL · PRJ-00218
Villa Renovation
TOTAL BUDGET
AED 730,000
ACTUAL COST
AED 548,000
REMAINING BUDGET
AED 182,000
Budget vs Actual
75.1%MaterialsAED 286,500
LabourAED 142,000
EquipmentAED 38,500
SubcontractorsAED 64,000
Bills & ExpensesAED 12,000
Example interface values for illustration only — not customer statistics.
PROJECT BUDGET
Start every project with a clear budget.
Set the expected cost of your project before execution begins. Break the budget into meaningful cost categories and keep the project team working against a clear financial plan.
BUDGET MODULE · BUD-00218
Villa Renovation
Labour
AED 180,000
Allocated budget
Equipment
AED 45,000
Allocated budget
Subcontractors
AED 125,000
Allocated budget
Bills & Expenses
AED 20,000
Allocated budget
Other Project Costs
AED 10,000
Allocated budget
TOTAL PROJECT BUDGET
AED 730,000
Turn the estimate into a financial plan.
The project estimate establishes what the work is expected to cost. Once the project is awarded, use that information to establish the project budget and control costs during execution.
01
Cost Estimation
02
Project Award
03
Project Budget
04
Project Execution
05
Actual Cost
Cost Control starts with the project's financial plan—not after money is spent.
See where the project stands.
Compare your planned budget with actual project costs as work progresses. See which areas are within budget and which need attention.
BUDGET VS ACTUAL
Villa Renovation · Cost categories
Materials
Approaching budget- Budget
- AED 350,000
- Actual
- AED 286,500
- Remaining
- AED 63,500
82%
Labour
Within budget- Budget
- AED 180,000
- Actual
- AED 142,000
- Remaining
- AED 38,000
79%
Equipment
Approaching budget- Budget
- AED 45,000
- Actual
- AED 38,500
- Remaining
- AED 6,500
86%
Know where your money is going.
Break project costs into meaningful categories so you can understand which parts of the project are consuming the budget.
BUDGET VS ACTUAL
Villa Renovation · Cost categories
Materials
Approaching budget- Budget
- AED 350,000
- Actual
- AED 286,500
- Remaining
- AED 63,500
82%
Labour
Within budget- Budget
- AED 180,000
- Actual
- AED 142,000
- Remaining
- AED 38,000
79%
Equipment
Approaching budget- Budget
- AED 45,000
- Actual
- AED 38,500
- Remaining
- AED 6,500
86%
Subcontractors
Within budget- Budget
- AED 125,000
- Actual
- AED 64,000
- Remaining
- AED 61,000
51%
Bills & Expenses
Within budget- Budget
- AED 20,000
- Actual
- AED 12,000
- Remaining
- AED 8,000
60%
Other Project Costs
Within budget- Budget
- AED 10,000
- Actual
- AED 5,000
- Remaining
- AED 5,000
50%
Cost control starts with what happens on the project.
Project cost does not exist separately from project execution. Connect procurement, site progress, actual quantities and project expenses to understand how costs develop as work moves forward.
01
Plan
02
Purchase
03
Receive
04
Execute
05
Record & Control
PROCUREMENT
Purchase Orders / Received Quantities
SITE PROGRESS
Actual Quantities
BILLS & EXPENSES
Posted Costs
LABOUR / OTHER COSTS
Recorded Project Costs
+
PROJECT COST CONTROL
A connected cost picture
Keep each supported source visible and connected without turning project control into an accounting system.
Track actual cost as the project moves.
Bring supported cost information together from the activities happening throughout the project so your team can compare actual project performance against the budget.
PURCHASE ORDERS
Track project purchases and received quantities.
SITE PROGRESS
Record actual work and quantities completed on site.
BILLS & EXPENSES
Capture project-related bills and expenses.
OTHER PROJECT COSTS
Keep supported additional costs connected to the project view.
ACTUAL PROJECT COST
AED 548,000
Example interface value
See when cost moves away from the plan.
Compare budgeted amounts with actual costs and identify the areas of the project that need attention.
COST VARIANCE
Villa Renovation · Category review
Steel
Over budget- Budget
- AED 85,000
- Actual
- AED 91,500
- Variance
- + AED 6,500
Electrical
Within budget- Budget
- AED 72,000
- Actual
- AED 68,400
- Variance
- − AED 3,600
Floor finishes
Approaching budget- Budget
- AED 48,000
- Actual
- AED 43,900
- Variance
- − AED 4,100
See what needs attention.
Give project managers and management a quick view of where each cost category stands against its budget.
Within budget
WITHIN BUDGET
Actual cost remains within the planned amount.
Approaching budget
APPROACHING BUDGET
Cost is getting closer to the allocated budget and may need attention.
Over budget
OVER BUDGET
Actual cost has exceeded the allocated amount.
PROJECT COST OVERVIEW
One clear view of project cost.
See the financial position of the project without digging through separate spreadsheets, purchase records and expense files.
PROJECT COST OVERVIEW
PRJ-00218 · Villa Renovation
TOTAL BUDGET
AED 730,000
ACTUAL COST
AED 548,000
REMAINING
AED 182,000
BUDGET USED
75.1%
Cost by category
Budget vs actualMaterialsAED 286,500 / AED 350,000
LabourAED 142,000 / AED 180,000
EquipmentAED 38,500 / AED 45,000
SubcontractorsAED 64,000 / AED 125,000
Bills & ExpensesAED 12,000 / AED 20,000
Recent costs
PO-1048
Cement receivedAED 14,000
EXP-0214
Site equipmentAED 4,800
BILL-0391
Electrical worksAED 12,600
Project progress68%
Sample construction data shown for interface illustration only.
Don't wait until the project ends.
A budget becomes useful when it stays connected to the actual project. Keep budget and cost information visible throughout execution so your team can identify differences while the work is still happening.
01
Budget Created
02
Work Starts
03
Costs Accumulate
04
Variance Identified
05
Team Action
Know the cost while the work is happening.
Understand when project changes affect the cost.
Construction projects change. Keep variations connected to the project so changes in scope can be considered alongside the project's cost position.
ORIGINAL BUDGET
AED 730,000
Approved project plan
+
PROJECT VARIATION
AED 24,500
VO-012 · Kitchen scope change
↓
REVISED COST POSITION
AED 754,500
Shown for review; no automatic budget revision claimed
BUILT FOR CONSTRUCTION
Cost control built around construction projects.
From smaller contractors to larger construction teams, keep project budgets and actual costs connected to the work.
01
General Contractors
02
Subcontractors
03
MEP Contractors
04
Fit-Out Companies
05
Civil Contractors
06
EPC Contractors
07
Renovation & Remodeling Companies
08
Engineering & Construction Companies
09
Design & Build Companies
From estimate to budget to actual cost.
Cost Control connects the project's financial plan with the actual work happening throughout execution.
01
Lead
02
Site Visit
03
Estimation
04
Quotation
05
Project
06
BUDGET / COST CONTROL
07
Schedule & Tasks
08
Procurement
09
Site Progress
10
Actual Quantity & Cost
11
Bills & Expenses
12
Invoice
01
Estimated Cost
02
Project Budget
03
Committed / Actual Cost
04
Variance
05
Final Project Cost
Budget is the plan. Actual cost tells the story.
Bring the two together so your team has a clearer view of the project's financial position while there is still work ahead.
BUDGET
What we planned to spend
VS
ACTUAL COST
What the project is costing
=
COST CONTROL
What needs attention
Questions & answers
Frequently asked questions
Does Masarek support construction cost control?
Yes. The project budget comes from the approved estimate, and committed and actual cost from procurement and site activity are compared against it to show variance by category.
How does Masarek track project costs?
Cost is recorded where it happens, through purchase orders, receiving, expenses and site activity, and rolls up to budget versus actual and variance for the project.
Is Masarek accounting software?
No. Masarek manages project cost and commercial control. It is not a replacement for your accounting or bookkeeping system.
READY TO CONNECT?
Keep your project cost under control.
Set budgets, track actual costs and understand project variances with Masarek Cost Control.