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estimate vs actual cost

Estimated vs Actual Costs—Why Tracking Both Is a Must for Your Business

Wednesday, 27 October 2021 by Carla Rose
Estimated vs actual costs—how do yours stack up? If you’re not asking that question after each project, you’re putting your business at risk—of losing money, scoping jobs incorrectly, missing deadlines, and more.  How do you define estimate vs actual costs? Put simply: Estimated costs are what you predict you’ll spend on a project, while  Actual
  • Published in Other tips, Time tracking
Tagged under: estimated vs actual costs, Job costing, Time Tracking

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