Keeping a close eye on your project budget is crucial for ensuring profitability and successful project delivery. Structur's Budget feature provides a centralized and dynamic view of your project financials, making it easy to track costs, manage changes, and maintain healthy margins.
To access your project budget, navigate to the Project Management section in your Structur dashboard and click on the "Budget" tab.
Your Budget Overview
The budget is automatically generated from the estimate that was approved by the client in the proposal. This ensures that your budget is always accurate and up-to-date.
Within the Budget feature, you can:
Track costs: Monitor actual costs against your budgeted amounts.
Manage change orders: Incorporate approved change orders into your budget seamlessly.
View gross margins: Keep track of your project's profitability.
Create subcontracts and expenses: Directly add subcontracts and expenses to the relevant cost codes.
Adding Subcontracts and Expenses
To add a subcontract or expense:
Navigate to the desired cost code.
Click the plus sign (+) to add a new cost item.
Fill out the details of the subcontract or expense, including vendor information, amounts, and any supporting documentation.
Structur's Budget feature provides a comprehensive and user-friendly platform for managing your project finances, ensuring your construction project stays in great shape throughout its entire lifecycle.