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Project Budget Calculator

Creates a detailed project budget from line items and tracks actual costs against budget with variance analysis.

Budget Line Items

Budget Summary

Total Budget
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Contingency
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Actual Spent
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Variance
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Variance Report

Track actual costs weekly on active projects. Flag any line item that exceeds budget by more than 10%.

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Save this calculation to your account

Create a free account to save your results, track your numbers over time, and download a branded PDF you can share with your accountant.

Email these results to yourself

Get a copy you can reference on the job site or attach to a quote.

How to Use This Calculator

1. Add budget line items. Break your project into phases or cost categories. Pre-loaded defaults cover typical construction phases.

2. Enter budgeted amounts. Fill in estimated costs for each phase based on your bid or estimate.

3. Track actual costs. As invoices come in, enter actual costs to see variance against budget in real time.

4. Set contingency. Choose a contingency percentage appropriate to your project type and risk level.

Frequently Asked Questions

How do I create a construction project budget?
Break the project into phases, estimate costs for each, add 5-10% contingency, and track actual costs against budget as the project progresses.
What contingency should I include in a construction budget?
New construction: 5-7%. Remodeling: 10-15%. Complex or phased projects: 15-20%.
How do I track budget vs actual costs?
Enter actual costs as invoices come in. Track variance in dollars and percentage. Flag any line exceeding 10% over budget. Review weekly on active projects.

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