Introducing our Cost Estimate and Budget Tracking Excel Template, an Excel-based powerhouse designed to streamline your project planning and budget monitoring process. Whether you're in construction, design, project management, or any industry requiring meticulous budget oversight, this template is your ultimate solution.
 
WHAT'S NEW?
 
We've enhanced our beloved Cost Estimate Template to now include robust budget monitoring features. With the ability to track both planned and actual expenditures for the entire project and individual stages, you gain unparalleled control over your finances, ensuring every penny is allocated wisely.
 
WHY SHOULD YOU USE IT?
 
Excel remains the go-to platform for estimating, cherished for its simplicity and versatility. However, traditional Excel models lack critical elements found in specialized cost estimating software, such as a comprehensive database, phase division capabilities, and automatic report generation.
 
Enter the MB Estimating and Budget Tracking Spreadsheet – merging Excel's user-friendly interface with the indispensable functionalities of professional estimating software. Craft your materials, labor, and equipment database effortlessly, access multiple entries simultaneously, and generate estimates in record time. With the added budget tracking feature, stay on top of expenses for each phase, facilitating informed decision-making throughout the project lifecycle.
 
FEATURES:
 
Seamless Integration: User-friendly interface ensures effortless navigation and operation.
Efficient Database Management: Access and manipulate multiple database entries swiftly for rapid estimation.
Phase-by-Phase Insight: Create unlimited project phases as individual sheets, gaining detailed cost breakdowns for each.
Flexible Database Customization: Populate and modify material and labor databases with ease to adapt to evolving project requirements.
Comprehensive Reporting: Generate basic or detailed reports automatically, offering a comprehensive overview of estimated costs.
Time-Saving: Accelerate your workflow with fast, accurate estimates, saving valuable time for other critical tasks.
 
HOW IT WORKS:
 
Upon opening the template, you'll find four tabs – Instructions, Database, Summary, and Stage 1. Follow the detailed instructions in the Instructions tab to harness the template's full potential. Populate the database with over a million rows of materials and labor, then navigate to the Summary tab to execute key commands. Utilize Stage 1 and subsequent sheets to estimate costs for each project phase, with the flexibility to create as many phases as needed.
 
SYSTEM REQUIREMENTS:
 
Compatible with Excel 2007 and newer versions on Windows computers, as well as Excel for MAC 2016 and later. Note that after the Excel for MAC update 16.72, the initial instance of the Word document generated for the report may appear empty. Simply click "Report" again to resolve this issue.
 
MACRO ENABLEMENT:
 
Ensure macros are enabled in Excel to unleash the template's full functionality.
If you're uncertain about the template's suitability for your specific needs, don't hesitate to reach out. We're here to assist you in determining the perfect fit for your business requirements.