Free Project Budget Tracker Template
Project Budget Tracker
Project Name: New School Development Project
Project Manager: [YOUR NAME]
Project Start Date: January 15, 2067
Project End Date: December 31, 2067
1. Budget Summary
|
Category |
Budgeted Amount ($) |
Actual Amount ($) |
Variance ($) |
|---|---|---|---|
|
Personnel |
$200,000 |
$190,000 |
-$10,000 |
|
Materials & Supplies |
$150,000 |
$145,000 |
-$5,000 |
|
Equipment |
$100,000 |
$110,000 |
+$10,000 |
2. Detailed Budget Breakdown
|
Expense Category |
Description |
Estimated Cost ($) |
Actual Cost ($) |
Notes |
|---|---|---|---|---|
|
Personnel |
Project Manager & Staff Salaries |
$200,000 |
$190,000 |
Salary adjustments under budget |
|
Materials |
Building Materials |
$150,000 |
$145,000 |
Costs stayed within estimate |
|
Equipment |
Construction Equipment Rental |
$100,000 |
$110,000 |
Rental cost exceeded estimate |
3. Total Budget Overview
|
Total Estimated Budget |
Total Actual Budget |
Budget Variance |
|---|---|---|
|
$450,000 |
$445,000 |
-$5,000 |
4. Budget Approval
-
Project Manager Approval:
[YOUR NAME]
December 15, 2067
-
Financial Officer Approval:
Harold Abern
December 16, 2067
Notes:
-
Personnel: Minor savings due to efficient staffing.
-
Equipment: Higher-than-expected costs due to extended equipment rental time.
-
Monitor upcoming expenses to ensure continued budget alignment.
