Construction Cost Tracking TemplatePRO PLUS
How to Make a Construction Tracking Sheet in Excel
Throughout the years, there is a continuous building of residential spaces. As asserted by the National Association of Home Builders, an above-average of 55.6% of the total budget amount for building houses certainly goes to the construction costs. This includes materials, labor, and services. So, with these considerations and complications, any type of business is not new to any tracking document. Keeping a record for time and equipment is imperative for the completion of a particular construction project. With a missing file, it could affect the daily operation and construction estimating procedure of the company.
So, for your organization to remain transparent and trusted by many, it’s essential to jot down everything in a formal document. With that, follow the list of tips below on how to create a Construction Tracking Sheet in Excel.
1. Determine the Important Tracking Variables
To start with, preparation is crucial. Always gather the details. With the process of operation, take note of the labor rate, labor hours, and amount of materials involved in the project. But still, these items are dependent on the type of tracker you are creating. So, assess if it’s for defect tracking sheet, or it could be for office supply tracking. Then, create a list of the field you want to track in each cell. This is useful in defining a more precise procedure in the later steps.
2. Come Up with a Clearer Procedure
Once the fields are identified, it’s time to go deeper into the procedure of coming up with a structure. With that said, you’ll have to determine the basic details that complete each of the fields. Typically, it involves filling in the tasks, priority, due dates, and estimated hours. Be accurate in gathering the information to have a more organized report sheet.
3. Get the Structure Ready in Excel
In transferring the records to a more definite structure, prepare an editing software. Using Microsoft Excel, adding rows and columns to your sheet is easier. It’s a helpful tool that gets the complication manageable. But before constructing a table, it’s essential to put a tracking label at the topmost part. Next, extend a space enough to hold the tracking summary. This is where you jot down the company name, address, phone number, email, and client information. Lastly, incorporate the fields prepared in the previous step. Transfer each of them to its designated cell. You may drag the lines to adjust the width of the columns. In this way, you’ll have more space to jot down the records.
4. Fill Out the Empty Sections
It’s not enough to settle on a blank sheet alone. So, with the fields labeled accordingly, you can start supplying them with contents. Start it with those elements that are firm and permanent. Begin by adding the details of each column. But, ensure that it also aligns well with the field rows. This secures a more accurate representation that contractors, engineers, and clients will understand fully. Don’t forget to add the dates prepared and received, as this ensures validity.
5. Adjust, Finalize and Update
For the final step, change the background color of the main fields using Excel’s formatting tools. Make the font styles’ of every primary variable bold. This quickly suggests clarity. Now, recheck the whole document if done. Then, print a copy enough to comply with the requirement.