Keeping track of costs in Excel: update

Project costing requires the rigorous implementation of project and cost management tools and methods. Using Excel provides a simple and easily exploitable view of data for immediate use by users.

As part of the development of an Excel-based tool, this sheet explains how to update the actual and remaining-to-build data for all project costs.

You'll find a description of the different stages in the updating process, along with advice on the tools and actions you need to take to achieve your objectives.