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Project Budget vs Actual Analysis: How to Spot Profit Leaks Before They Kill Your Margins
Every construction business owner has faced the moment when final job cost reports show you started with a healthy margin, only to end up with much less or even a loss. You wonder, "Where did the profit go?" In many cases, the answer lies in missed opportunities to track and manage budget variances early enough. This article shows you how to implement real-time budget vs actual analysis , catching profit leaks before they derail your margins. It reveals which cost variances
1d6 min read
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