Project Budget Manager is a cost control program for projects with budgets as small as $500 and as large as $5,000,000 or larger. Developed for engineers rather than accountants, Project Budget Manager emphasizes control of project costs in preference to accounting for them after the fact.

Project Budget Manager software is designed to maintain all project income and expenditure data in one comprehensive database. The Project Manager can enter the project budget in the format that most suits his needs. Project Budget Manager can track all project labor costs, invoices, purchase orders and personnel. Project Budget Manager provides scheduled detailed feedback that enables the Project Manager to closely monitor actual expenditures against budgeted and forecast expenditures.

Budget Tracking

The following categories may be entered for each budget category:

Budget Amount
Budget Labor Hours
Budget Variances
Labor Hour Budget Variances
Forecast At Completion
Forecast Labor Hours at Completion
Budget Data
Against the budget categories, the following data may be obtained:

Purchase Order data
Supplier Invoice data
Labor Cost data
Tracking of Labor costs is performed in conjunction with the personnel data. This data allows for both staff (ie those who are paid for a set number of hours per week) and hourly rate personnel (including two overtime rates) to be monitored. Pay rates may be modified throughout the project and either applied for future entries, or applied to all previous entries.

Project Income Tracking

Project Income may also be tracked throughout a project. Income categories may be setup at the beginning of the project or added as the project progresses. These categories allow, for example, for the main project value to be monitored as well as various change orders that may be obtained throughout the project. The following income data may be monitored:

Budget Income
Budget Variances
Forecast Income at Completion
Data on client invoices are also maintained within the program database.

Multi-Currency

A true multi-currency program, the user may set a base project currency and up to eight (8) different currencies for entering purchase orders and personnel data. The eight project currencies may be selected from 168 preset currencies at the beginning of the project, or modified throughout the project.

Project Reports

A wide variety of reports are available outputting all of the data in a variety of formats. In many cases the level of detail can be specified to suit the intended recipient (for example upper management may only require the top level categories to be listed). Reports include:

Budget Summary reports
Project Costing reports
Man Hour Summary reports
Material Summary reports
Purchase Order data reports
Labor Hour data reports
Client Invoice reports
Personnel data
Budget & Income Code Report (listing of categories with associated budget codes for personnel to enter onto their timesheets or onto purchase orders).

You can download a Trial version to test if it will suit your needs.

US$30.00 Project Budget Manager