Project Budgets

Project Name:

Project Lead:

Budget Created By:

Last Edited:

Step 1: Fill out basic project details

On the

Project Budgets⁠

page, you’ll see some fields at the top of the page for you to fill out. These are just high-level meta data about your project. You can also rename this page so that the name matches the name of your project. The Last edited date automatically updates based on when someone has made an edit to this template.

Step 2: Add or edit categories for your tasks

If your project has high-level categories or phases, you should edit them in the

Category⁠

table. These categories show up in the

Budget 2⁠

table. The Description column gives people a sense of what each of your task category or phases means. When your categories are set up, click on the Add an ... button depending on which category you want to start adding tasks to in the main

Budget 2⁠

table.

Step 3: Fill out project budget columns

The

Budget 2⁠

table is the main table to fill out the budget for each line item (enter a dollar value in the blue Budget column). Each task you add here can have a Labor, Materials, and Other Fixed Costs. These are the “actuals” for the task and are typically entered after you’ve established the budget for the task and have done the research on the costs associated with a task.

If you want to add some additional columns for things like Capital costs or Project delivery costs mentioned above, this template is totally customizable. The only thing to make sure of is to edit the formula in the Actuals column. This column takes all the data you entered in Labor, Materials, and Other Fixed Costs and calculates the actual costs.