2/F3	Project cost monitoring sheet

Current situation summary (from records)	Worked example	

Report date	15/10/2019	
Stage reached	3	
%age of stage completed	50%	

Total fee to date	£129,201	
Budget cost to date	£105,377	
Actual cost to date	£103,694	

Fee billing to completion	£534,204	
Budget cost to completion	£444,502	

Fee budget summary	Budget cost	Fee quote	Planned profit	
Cost to date	£2,250	£2,250	0%	
Stage 0/1	£32,790	£40,988	25%	
Stage 2	£31,162	£38,953	25%	
Stage 3	£78,349	£94,019	20%	
Stage 4	£201,499	£241,799	20%	
Stage 5	£187,772	£225,326	20%	
Stage 6	£16,056	£20,069	25%	
Total	£549,878	£663,404	21%	

Progress summary	Cost to date	%age complete	Fee invoiced	Actual profit	
Cost to date	£2,250	100%	£2,250	0%	
Stage 0/1	£31,150	100%	£40,988	32%	
Stage 2	£33,140	100%	£38,953	18%	
Stage 3	£37,154	50%	£47,010	27%	
Stage 4	£0	0%	£0		
Stage 5	£0	0%	£0		
Stage 6	£0	0%	£0		
Total	£103,694		£129,201		
The cost to date is derived from the timesheet records.