Total Estimated
$86,250
incl. contingency
Total Actual
$70,100
spent so far
Contingency
$11,250
15% reserve
Budget Utilization
81.3%
Under Budget
$16,150
18.7% remaining
Budget by Category
Estimated vs Actual by Category
Budget by Project Phase
Category Variance Analysis
Under Budget (positive variance)Over Budget (negative variance)
Budget Items
Contingency %:
| Category | Phase | Item Name | Estimated | Actual | Variance | |
|---|---|---|---|---|---|---|
+2,000 | ||||||
+500 | ||||||
+500 | ||||||
+1,000 | ||||||
+200 | ||||||
+200 | ||||||
+500 | ||||||
+0 | ||||||
| Base Total (excl. contingency) | $75,000 | $70,100 | +16,150 | |||
Quick Budget Tips
Track Regularly
Update actual costs weekly for accurate variance analysis
Watch Variances
Category variances over 15% need investigation
Contingency Rules
Use contingency only for approved scope changes