PM Project Budget Tracking Template =================================== Create a project budget tracking framework for [Project Name]. Budget details: - Project: [name] - Total approved budget: $[amount] - Project start: [date] - Project end: [date] - Reporting frequency: [weekly/monthly] PROJECT BUDGET TRACKER BUDGET SUMMARY - Approved budget: $[amount] - Spent to date: $[amount] - Committed: $[amount pending invoices] - Remaining: $[amount] - Forecast at completion: $[amount] - Variance: $[+/-] ([%]) - Status: [Green/Yellow/Red] BUDGET BY CATEGORY | Category | Budget | Actual | Committed | Remaining | Forecast | Variance | | Labor — Internal | $[] | $[] | $[] | $[] | $[] | $[] | | Labor — Contractors | $[] | $[] | $[] | $[] | $[] | $[] | | Software/Technology | $[] | $[] | $[] | $[] | $[] | $[] | | Hardware | $[] | $[] | $[] | $[] | $[] | $[] | | Travel | $[] | $[] | $[] | $[] | $[] | $[] | | Training | $[] | $[] | $[] | $[] | $[] | $[] | | Contingency | $[] | $[] | $[] | $[] | $[] | $[] | | TOTAL | $[] | $[] | $[] | $[] | $[] | $[] | CONTINGENCY MANAGEMENT - Contingency budget: $[amount] ([%] of total) - Contingency used: $[amount] - Contingency remaining: $[amount] - Approval required to use: [PM/Sponsor/Committee] COST PERFORMANCE INDEX (CPI) - Earned value: $[EV] - Actual cost: $[AC] - CPI: [EV/AC — above 1.0 is good] - Interpretation: [on/over/under budget] BUDGET VARIANCES EXPLANATION - Variance 1: [category] [+/-$] — Reason: [] - Variance 2: [category] [+/-$] — Reason: [] FORECAST TO COMPLETE - Work remaining: [%] - Estimated cost to complete: $[] - Forecast at completion: $[] - Action plan if over: [describe] CHANGE ORDER LOG | CO# | Description | Amount | Approved | Date | | 001 | [] | $[] | [Yes/No] | [] | Source: https://promptzyo.com/prompt/pm-project-budget-tracking-template