An excel template is something essential that you always need. It offers many benefits that take the load off your back. These templates provide seamless integration into your daily life. Are you still wondering how it can benefit your business? Let’s have a look at some of the examples of Excel templates.
What is Excel Template?
Excel template is a spreadsheet layout that you can design in Microsoft Excel. It is generally used for formatting. You can think of it as a predesigned sheet for reporting data. They are all done with predefined formulas. All you need to do is enter your data and get the reporting done at the ease of a few clicks.
Why do you need Excel Templates?
As a construction industry professional, you need these readymade templates for accountability. Use the templates for your ease and navigate through your work like a true professional.
Importance of Excel Templates for the Construction Industry
The Excel templates offer many benefits. Some of them are as follows –
- Maximize your ROI
- Save time and manage productivity
- Scale your business
- Improves efficiency
- Organize and structure data
- Makes the overall job easier
- Processed data can provide visual representation such as graphs and charts
- Identify and analyze data trends
Here is how to use templates for the Construction Industry –
- Schedule – Manage and coordinate your schedule with others on the team efficiently.
- Budget – Create and plan an effective budget with ease and convenience using the template.
- Daily report – Accounting purpose is hassle-free.
- Estimate – Estimate figures are crucial and plays a major role
- Construction project schedule – Your project schedule can be simply followed through.
- Material list – Various materials required for use in the particular project.
Best Excel Templates for the Construction Industry
Now let’s look at the best Excel templates for the construction industry. Use these templates to track and manage your projects with ease.
There are different templates for multiple purposes. Some are construction budget templates, timeline, punch list, documentation tracker, inspections, logbook, etc.
As an industry professional, you already know the importance of a construction timeline. Delayed tasks may lead to pressure and additional budget alongside late work. A construction project involves different interdependent phases.
Tracking the timeline of construction allows you to manage time and wrap up within the contractual timing. It helps to identify the early stage risks and manage the overall progress of the job.
For every project, there is a budget. Be it building or remodeling, a construction budget template is what you need. A budget template underlines accountability for all the list items. You can assign and track the budget of subtasks within the main task. Get to know if you are overspending or underspending.
Timely Inspection Report
Timely Inspection is regular in construction projects. It can be a daily or weekly check to manage the progress. This template helps to visually document your progress. Whenever you visit the site, analyze the progress, use the template for accountability. Track the work history, hours, materials, and other logs.
The construction estimator template helps you to provide an estimate for your job. It allows you to list the required items with their quotes. Great to provide an initial estimated value.
This template makes sure you are not undercharging yourself. Estimation is number-based. So Excel templates with calculative and formulation abilities make for great resources. You can use the templates to manipulate numbers and review your performance.
Change Order Request Summary
While working on the project, some numbers may change. It can be the quote, time, or list items. This always happens due to different reasons. This summary template allows you to manage all the changes.
These changes impact the overall project and so you should account for them. The Change Order Request template helps to provide answers to all the modifications.
Your construction project may involve many bid items alongside the final bidding amount. Use a bid tabulation construction template to avoid totaling errors while submitting bids. This template makes sure your bidding is accurate and increases the chances of securing the deal.
Moreover, the template has another column for the engineer’s estimate to compare the amounts of each bidder with the budget amount. As you can see this Excel spreadsheet saves your time and energy.
Change Order Log
Orders may change during the project. This happens more so for complicated projects that involve multiple sub-tasks. The Change Order Log template is what you need. It keeps track of order quantity, description, budget, time extensions, and other changes.
Subcontractor Documentation Tracker
Many projects involve subcontractors. This means various more things to track. It can include contracts, contact information, so on. Some projects require subcontractor documentation for reporting timely. At times like these, it is best to use the Subcontractor Documentation tracker to manage all the data in one place.
Request for Information Log
During the project, a contractor or subcontractor may need particular information. It is essential to collect and store all the information promptly. Whenever someone needs information, you can provide it without hassle. Request for Information Log does exactly that. It keeps all information organized for easy access.
Construction Project Management Templates
You can use Excel templates to manage construction project management. These templates can track commercial, safety, and production parameters. You can also use it for project delivery. Capture progress activity and other important data.
Time & Materials Invoice
Overwork is a part of the project and at times you may have to put in extra working hours. It is best to report extra time and materials. This improves turnaround time. It also manages all the extra requirements easily and simultaneously. You can break down the hours, materials, total numbers, etc.
The project punch list template is ideal for reviewing. It helps to inspect all the completed tasks and act as a recap. You can check if the work done meets your expectations and review its overall performance. Update the list in real-time that is easy to monitor and share with others on your team.
Interested in any of the above templates? Set up a free consultation to see how we can help.