How It Works

How an anticipated cost report comes together

Anticipated cost answers the question a static budget can't, "what will this project actually cost?" Rabbet Development assembles the answer from data that's already flowing through the project.
Start with the working budget
The current budget, including every approved budget adjustment, is the foundation. Line item history keeps the record of how it got there.
Start with the working budget
Layer in commitments and executed change orders
Contracts and executed change orders update anticipated cost the moment they're approved, so the report reflects what's signed, automatically, not at month-end.
Layer in commitments and executed change orders
Add exposures and potential change orders
PCOs and known exposures are tracked against budget lines before they're executed, so anticipated cost reflects what's likely, not just what's committed.
Add exposures and potential change orders
Compare anticipated cost to budget and funding
See variance, contingency drawdown, and funding coverage in one view so overruns show up in the numbers before they show up in the field.
Compare anticipated cost to budget and funding
Our solution

The report your leadership meeting runs on

Most teams assemble anticipated cost in a spreadsheet, from memory, once a month. Rabbet Development keeps it current every day.

Before Rabbet

After Rabbet

Rebuild the anticipated cost report in Excel each month from contracts, invoices, and memory.

Anticipated cost rolls up automatically as commitments, change orders, and invoices are approved.

Exposure lives in a project manager's head until it becomes a change order.

PCOs and exposures are tracked against budget lines from the first estimate.

Leadership sees cost at completion quarterly, after the fact.

Current anticipated cost is available any day, for any project, with the history behind it.

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Other foundational features for your success

Construction Budget Management Software
Rabbet Development forecasts anticipated cost and cash flow from a live, connected budget, so you catch overruns early and make confident decisions.
Construction Contract Management Software
Rabbet Development tracks contracts, change orders, PCOs, and exposures against the budget, so you make informed decisions and always know your anticipated cost.
Portfolio Reporting and Capital Forecasting
Rabbet Development rolls up live project data into portfolio reporting and a forward-looking capital forecast, so you see performance, risk, and when capital is needed across every project without rebuilding it in a spreadsheet.