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Keeping client projects on budget

Projects run over a little at a time. Comparing what has been spent with the budget every week catches it while there is still time to talk.

Business3 min readCorvane Ashmoor & Co.

Fixed-price and capped projects are where small overruns turn into losses. A weekly check is enough to see it coming.

Set the budget in writing

Hours or dollars, and what is included. Anything outside that is a change, quoted separately.

Check weekly

  • Spent so far against the budget.
  • How much of the work is done.
  • If spending is ahead of progress, talk to the client before you run out.

Our project budget tracker shows what is left on every project.

General information, not legal, tax or financial advice.

This article is general information, not legal, tax or regulatory advice. Rules change; confirm current requirements with the responsible agency or a licensed professional.

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