By comparing the budget, registered hours, and project progress, Simplicate automatically calculates:
the expected final spend
the expected remaining budget
This helps you identify early whether a project will stay within budget or is likely to exceed it.
In short
The report compares budget, spending, and progress
Simplicate automatically calculates the expected final spend
A negative remaining budget indicates an expected budget overrun
When to use this report
Use this report when you want to:
see how much of the project budget has already been spent
predict whether a project will go over budget
gain insight into the expected total hours spend of a project
What does this report show?
The overview page shows the following for each active project and project service:
Project information
Customer
Project name
Project number
Project manager
Budget and spending
Budget hours value
Registered value
Registered hours cost price
Progress and forecasts
Project service progress percentage
Expected final spend
Expected remaining budget
Remaining budget percentage
This allows you to see per project service how the budget is developing and what the expected outcome is when the project is completed.
Example: predicting a budget overrun
Project data
Budget hours value: €50,000
Registered value: €40,000
Project service progress: 60%
Analysis
80% of the budget has been spent
while the project is 60% completed
The expected final spend is calculated as:
€40,000 / 60% = €66,667
Result
Budget: €50,000
Expected final spend: €66,667
→ Expected remaining budget: –€16,667
This means the project is expected to exceed the budget by 33%.
Tips for using this report
Keep progress up to date
The forecast calculations are based on the progress percentages of project services.
Pay attention to differences between progress and spending
If spending is higher than progress, this may indicate:
underestimated progress
inefficiencies in the project
potential budget issues
Review negative remaining budgets
Projects with a negative remaining budget require extra attention and should be discussed with the project manager in time.