Where this job finishes, not where it started
Reforecast each cost code monthly against what's committed, spent and accrued. Forecast final cost and margin update against the live sell value, variations included.
When do you find out the job's gone?
The forecast is a tender number
Nobody has moved it since the job started, so it says nothing about where the job actually lands.
Overspend is only visible at project level
One cost code can be £40,000 down while the project total still looks healthy.
Sell value and cost move separately
Variations change what you can recover, but the forecast only tracks what you're spending.
Reforecast by cost code, monthly
Set a forecast final cost per cost code against what's committed, actual and accrued. The project forecast is the sum of decisions someone actually made, not a percentage applied to everything.
| Code | Committed | Actual | Accrued |
|---|---|---|---|
| ENV04 | £232,000 | £96,500 | £10,000 |
| MEP05 | £189,000 | £74,000 | £14,000 |
Margin against live sell value
Forecast margin runs against the sell value including approved variations merged into the bill, so it answers what the job makes on today's scope rather than the tendered one.
Export the full picture
Export the cost report including the forecast final account to Excel, in your own cost code structure, for the board pack or the monthly review.
Decisions while there's still time
See the drift early
A cost code trending over shows up in the month it happens.
Forecast on real commitments
POs and accruals are in the base, so the forecast starts from what's already spent.
Report a number you can defend
Every forecast line traces back to committed, actual and accrued figures.
What the industry is saying
How contractors are taking control of their costs and contracts with Coreloops.
We had CEs there with our approval attached to it. There was no way for the client to dispute it.
Samuel Maddison
Director, Project Safe
One platform for costs and contracts
Book a discovery call
We'll learn about your current setup and show you how Coreloops could give you accurate project cost reporting.
