Project Tracking

The Project Tracking Report

The project tracking report compares the data you enetred in the planning phase of a project with the actual data entered as you work on it. The report the shows you the variance between what you estimated and what you've actually done.

The report is divided into three main sections for labor, expenses, and travel, and each line item of data is shown in this report. At the very end of the report, the grand totals for planned activities, actual activities, and the variance between them is displayed.

If the variance is a positive number, that means the cost of the project is less than you estimated. If the variance is a negative number, that means the cost of the project has exceeded the estimate you provided your client. Negative numbers are shown in parentheses, i.e. a variance of ($243.95) indicates that the cost has exceeded the estimate by that amount.