Construction job costing

Job Costing Is More Useful When You Can Compare Jobs.

Job costing assigns every cost to a project and a cost code, so you can see what a job spent on sitework, foundation, framing, mechanical, finishes, permits, consultants and interest — instead of a single company-wide expense total.

That is the right foundation. It just stops at one job. Bivvit extends the same analysis across your completed projects.

How job costing works

The mechanics, briefly

  • Cost codes

    A consistent breakdown structure. Framing must mean framing on every job, or comparison across jobs is impossible later.

  • Committed vs incurred

    Subcontracts and purchase orders committed against the budget, versus invoices actually incurred to date.

  • Hard vs soft costs

    Construction cost separated from design, permits, fees, consultants, insurance and closing costs.

  • Change orders

    Scope and cost changes tracked against the original budget line, so the variance has an explanation.

  • Cost to complete

    Remaining cost by category — the difference between a job that is on budget and one that only looks on budget.

Where Bivvit picks up

One job cost report, five useful comparisons

Job cost
Vs budget
Vs cost / SF
Vs prior projects
Your project history

Similar projects come next: comparable product type, size, unit count and construction period, so the comparison holds up.

  • Is framing consistently running over budget?
  • Which projects have the lowest hard cost per square foot?
  • Are soft costs increasing across recent projects?
  • Which product type produces the strongest margin?
  • Are current projects costing more than historical projects?
  • Which cost categories drive most of your overruns?
Accounting system vs Bivvit

Where job costing ends and analysis begins

Accounting system
Bivvit
  • Records transactions
    Interprets project performance
  • Tracks job costs
    Compares job costs across projects
  • Organizes cost codes
    Finds cost trends by category
  • Produces financial reports
    Explains what the project did
  • Reports actual spending
    Explains variance
  • Focuses on individual transactions and projects
    Compares your completed projects
  • Records history
    Helps you use history on the next project

You need accounting. Bivvit makes that data more valuable.

Related Guides

Put It Against Your Own Projects.

Send us the records from a completed project. Bivvit organizes the numbers, shows what happened, and helps you understand what to carry into the next one.

Free Project Snapshot. Every completed project makes your Project Pulse more useful.