Project Costing
Cost capture, budgets and variance. This month’s actual is JMD 38,400,000. Burden of JMD 8,500,000 brings the burdened cost to JMD 46,900,000.
Actual Cost This MonthJMD 38,400,000
Six source lines below
Burdened Cost This MonthJMD 46,900,000
Labour base JMD 34,000,000 at 25%
Capitalisation PendingJMD 21,300,000
PRJ-22 is ready
Cost Variance by Project
Largest projects by budget
| Project ID | Project | Budget | Actual | Variance | Trend |
|---|---|---|---|---|---|
| PRJ-1061 | Beacon Upgrade | $1.40M | $1.52M | +8.4% | Over Budget |
| PRJ-1047 | Atlas Migration | $1.68M | $1.73M | +3.1% | Over Budget |
| PRJ-1052 | Helios Rollout | $2.40M | $1.98M | −17.5% | Under Budget |
| PRJ-1055 | Vanguard Analytics | $1.12M | $820K | +0.4% | On Plan |
| PRJ-1058 | Meridian Refit | $860K | $540K | −4.2% | Under Budget |
| PRJ-1049 | Cascade Integration | $640K | $610K | +1.1% | On Plan |
No records match this filter.
October cost lines
JMD 34,000,000 + 800,000 + 1,400,000 + 1,200,000 + 600,000 + 400,000 = JMD 38,400,000. Burdened labour is JMD 42,500,000. The other lines add JMD 4,400,000. Together JMD 46,900,000.
0 selected
| Cost ID | Project | WBS Code | Source | Source Document | Date | Actual | Burden Rate | Burdened | |
|---|---|---|---|---|---|---|---|---|---|
| CST-014 | PRJ-14 | 1.2.1 | Time | TM-014 | 06 Oct 2026 | JMD 34,000,000 | 25% | JMD 42,500,000 | |
| CST-018 | PRJ-14 | 1.1.2 | Expense | EXP-014 | 04 Oct 2026 | JMD 800,000 | 0% | JMD 800,000 | |
| CST-022 | PRJ-14 | 1.2 | Payables | AP-4414 | 03 Oct 2026 | JMD 1,400,000 | 0% | JMD 1,400,000 | |
| CST-026 | PRJ-14 | 1.1 | Procurement | PO-4412 | 02 Oct 2026 | JMD 1,200,000 | 0% | JMD 1,200,000 | |
| CST-030 | PRJ-14 | 1.2.1 | Inventory | ISS-014 | 02 Oct 2026 | JMD 600,000 | 0% | JMD 600,000 | |
| CST-034 | PRJ-22 | 2.1 | Manufacturing | MO-4414 | 01 Oct 2026 | JMD 400,000 | 0% | JMD 400,000 |
No records match this filter.
Cost by source
Actual JMD 38,400,000.
PRJ-14 burden schedule
Rates apply to direct labour. 10 + 8 + 5 + 2 = 25.
| Schedule | Tier | Rate | Base | Applies To | Effective From |
|---|---|---|---|---|---|
| SCH-14 | Fringe | 10% | Direct labour | PRJ-14 | 01 Jan 2026 |
| SCH-14 | Overhead | 8% | Direct labour | PRJ-14 | 01 Jan 2026 |
| SCH-14 | General and Administrative | 5% | Direct labour | PRJ-14 | 01 Jan 2026 |
| SCH-14 | Facilities | 2% | Direct labour | PRJ-14 | 01 Jan 2026 |
No records match this filter.
Worked example
Direct labour JMD 100,000.
Direct labourJMD 100,000
Fringe 10%JMD 10,000
Overhead 8%JMD 8,000
General and Administrative 5%JMD 5,000
Facilities 2%JMD 2,000
Burdened totalJMD 125,000
Capital projects
PRJ-22 CIP is JMD 21,300,000. The review queue stays in Fixed Assets.
| Project | CIP Balance | Completion | Target Asset Class | Status |
|---|---|---|---|---|
| PRJ-22 Kingston Head-End Upgrade | JMD 21,300,000 | 100% | Head-end equipment | Ready to Capitalise Asset FA-KHE-022 created |
| PRJ-14 | JMD 58,000,000 | 54% | Fiber plant | Accumulating |
No records match this filter.
Internal Orders remain the capital-project orders. Fixed Assets keeps the review queue.
Same entries as Time Capture and Expense Management.
Time
TM-014 is 8.0 hours at JMD 1,000, which is JMD 8,000. The October labour rollup above is the month book, not this one row.
| Entry ID | Worker | Project and WBS | Date | Hours | Rate | Cost | Validation | Approval |
|---|---|---|---|---|---|---|---|---|
| TM-014 | KM Keisha Morgan | PRJ-14 · 1.2.1 | 06 Oct 2026 | 8.0 | JMD 1,000 | JMD 8,000 | Valid | Approved |
| TM-018 | DC Damian Clarke | PRJ-14 · 1.1.2 | 06 Oct 2026 | 13.0 | JMD 1,000 | JMD 13,000 | Rule Violation | Submitted |
No records match this filter.
Expenses
EXP-014 is the project manager view of the same claim.
| Claim ID | Worker | Project | Category | Amount | Receipt | Policy | Approval |
|---|---|---|---|---|---|---|---|
| EXP-014 | KM Keisha Morgan | PRJ-14 | Travel | JMD 12,400 | Recognised Machine-generated | Compliant | Submitted |
No records match this filter.
Worker → Project Manager → Finance
13.0 hours breaks the 12-hour rule.
MerchantParish Fuel Stop
Date04 Oct 2026
AmountJMD 12,400
Confidence96%
Machine-generated