Construction

Cost Analysis Dashboard

Early alerts → budget overruns prevented

The Problem & Solution

On construction projects, cost overruns were typically discovered only when invoices arrived — by which point there was nothing left to do. Understanding which of hundreds of line items had overspent took hours to figure out. Decision-making was slow, and budget discipline was hard to maintain across multiple simultaneous projects.

We built a real-time, project-based cost tracking system. Budget figures and actual costs are compared instantly; when a defined variance threshold is crossed, the project manager and management receive an automatic alert. Analysis time dropped from 4 hours to 20 minutes, and budget overruns were prevented on 3 projects in the first quarter after launch.

What We Built

Project-Level Tracking

Separate budget vs. actual table for each project. Drill-down from summary to line item in a few clicks.

Early Warning System

Automatic alert when 80% of the budget is consumed. Intervention happens before the overrun — not after.

Line-Item Analysis

Which work item is overspending? Which subcontractor is deviating and why? Single view, color-coded visual indicators.

Historical Comparison

Cost comparison against similar past projects. Opportunity to improve future project pricing and estimates.

Tools Used

Excel VBA Power BI Python Automated Alerts

Visuals

You can replace the placeholders below with actual screenshots.

Cost Summary Screenshot to be added
Line-Item Analysis Screenshot to be added
Alert Panel Screenshot to be added

How Does It Work?

Watch the demo video to see the dashboard in action.

Demo video coming soon

Outcomes Achieved

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Analysis Time (down from 4 hrs)
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Budget Overruns Prevented
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Early Warning Threshold

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