Profitability Report for
Single Completed Project

How to
Use App

When reviewing the financial reports for a company, it is easy to get caught up in big-picture enterprise numbers analysis. When this happens, there is the very real risk of missing an important piece of information.

This was brought home to me when I had a client comment, as we were reviewing his financial reports,  “I know we are going through these financial numbers every month to see if the business is improving, but is there any way to see the financial results on a JOB basis? I want to know if the JOB was profitable.“

He is absolutely right. If the jobs are not profitable, there is no way the company is going to be profitable.

Further, if you can’t figure out why a job was not profitable, you don’t have any way to fix the problem for future jobs.

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  • Use this analysis in the final project de-briefing to calculate the actual margin achieved on the project.  If the project margin is unacceptable, dig into the numbers to find out why.  Was the project estimated too low?  Was there a large amount of slippage in the material costs?  Were there change orders that did not get processed?
  • The “Specifications” tab has a listing of default project issues.  You may customize it by adding your own or editing any of the existing items.
  • The “Specifications” tab also provides spaces to add your company Project Managers/Site Supervisors.
  • Save a copy of the app as your template when you make any changes. When you use the report for your next project, simply call up the template and all your custom information is available.
  • The “Specifications” tab has a listing of default project issues.  You may customize it by adding your own or editing any of the existing items. 
  • The “Specifications” tab also provides spaces for list your Project Managers or Site Supervisors.
  • Be sure to save a copy of the app as your template when you customize the app for your use.
  • File a copy of the report in the Job binder when the analysis is completed.
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