L3: Heritage Plaza
Project Performance Details
Heritage Plaza
CriticalCEO FlaggedCPI
SPI
Margin
Completion
78%Original Budget
$104,500
Revised Budget
$104,500
No changes
Actual Cost
$92,000
88.0% of budget
EAC
$118,000
Estimate at Completion
Variance
$13,500
Over budget
Budget Utilization
96.2%Project is $13,500 (12.9%) over budget
Estimated at Completion (EAC) exceeds the revised budget. Review cost breakdown for optimization opportunities.
ETC
$17,500
Estimate to Complete
Committed (POs)
$8,500
Open Purchase Orders
Approved COs
$0
Change Order Value
Remaining
-$13,500
Budget Remaining
| Category | Budget | Actual | Committed | EAC | Status |
|---|---|---|---|---|---|
Labour | $45,000 | $51,750 | — | $58,000 | ! |
Materials | $35,000 | $28,000 | $5,500 | $36,000 | ✓ |
Equipment | $12,000 | $8,500 | $2,000 | $13,000 | ⚠ |
Subcontract | $5,000 | $2,500 | $1,000 | $8,000 | ⚠ |
Overhead | $3,000 | $1,250 | — | $3,000 | ✓ |
| Total | $100,000 | $92,000 | $8,500 | $118,000 |
Labour is 28.9% over budget (Primary Cost Driver)
Current EAC of $58,000 exceeds budget of $45,000 by $13,000.
Cost Distribution
| Crew/Worker | Role | Reg Hrs | OT Hrs | Avg Rate | Total |
|---|---|---|---|---|---|
Masonry Alpha(3) | Lead Mason | 24 | 5 | $45 | $1,179 |
| Total | 24 | 5 | $37.43 | $1,179 | |
24
5(17.2%)
$37.43
$1,179
Weekly Labor Trend
Overtime hours trending up: 17.2% of total hours
OT exceeds the 10% threshold. Review crew scheduling to optimize costs.
Materials
| Item | Vendor | Qty | Unit $ | Total | Status |
|---|---|---|---|---|---|
Heritage Red Brick PO-2025-0045 | Heritage Brick Supply | 2,500 | $2.85 | $7,125 | Shipped |
Type S Mortar PO-2025-0048 | Masonry Supplies Inc | 50 | $18.50 | $925 | Delivered |
Equipment
| Item | Vendor | Duration | Rate | Total | Status |
|---|---|---|---|---|---|
| Scaffolding System | RentAll Construction | 91 days | $115/d | $10,465 | Active |
| Crane (Daily) | HeavyLift Ontario | 8 days | $450/d | $3,600 | Active |
Materials Total
$8,050
2 items
Equipment Total
$14,065
2 rentals
$32,000
$43,700
$0
$0
$75,700
Construction Lien Deadline Approaching
12 days remainingOntario Construction Act requires liens to be registered within 45 days of last supply. $43,700 at risk.
| Invoice # | Vendor | Description | Amount | Due Date | Age | Status |
|---|---|---|---|---|---|---|
INV-2025-0012 Jan 10, 2025 | Brookfield Properties | Progress billing - January | $32,000 | Feb 10, 2025 | 5d | Pending |
| Totals | $32,000 | |||||
$0
0 invoices
$32,000
1 invoices
$0
0 invoices
$0
0 invoices
AR Aging Distribution
Progress
69%
Completed
2
milestones
On Track
1
milestones
At Risk
0
milestones
Delayed
1
milestones
Critical Path
4
milestones
Critical Path Impact: 1 milestone(s) at risk or delayed
Pointing & Finishing - may impact project completion date.
Project Timeline
Phase 1: Preparation
Phase 3: Restoration
Phase 4: Finishing
| Milestone | Planned End | Forecast | Variance | Progress | Status |
|---|---|---|---|---|---|
Site Assessment Complete John Smith | Nov 15, 2024 | Nov 14, 2024 | +1d | 100% | Completed |
Scaffolding Installation Mike Chen | Nov 30, 2024 | Nov 28, 2024 | +2d | 100% | Completed |
Brick Restoration - North Wall Crew A | Jan 15, 2025 | Jan 20, 2025 | -5d | 75% | On Track |
Pointing & Finishing Crew A | Feb 15, 2025 | Feb 20, 2025 | -5d | 0% | Delayed |
2
$18,000
2
$27,000
0
$0
+$8,500
0d
impact to schedule
8d
awaiting approval
| CO # | Description | Value | Schedule | Requested By | Days | Status |
|---|---|---|---|---|---|---|
CO-2024-0148 | Heritage brick replacement specification change Source and install heritage-matched brick from alternate supplier | +$8,500 | 0d | Sarah Chen Dec 15, 2024 | — | Approved |
| Total Approved | $8,500 | 0d | ||||
Budget Impact by Status
Change Order Distribution
Approved
Pending
Rejected
2
1
0
0
3
$21,500
Labour costs 29% over budget
Labour category has exceeded budget by $13,000. Current EAC shows $58,000 against $45,000 budget. Primary driver: Overtime hours due to schedule compression. Immediate intervention required to prevent further cost escalation.
Attention
Safety certification expiring in 3 days
Working at Heights certification for 3 crew members expires January 17. Work cannot proceed without valid certifications. Schedule recertification immediately or reassign certified workers.
Attention
Material delivery delayed 5 days
Specialized brick order from supplier delayed due to shipping issues. Expected delivery pushed from January 15 to January 20. May impact Phase 3 start date. Consider expedited shipping or alternate supplier.
Attention
Alerts by Category
Financial
1
$13,000
Schedule
1
$3,500
Resource
0
Compliance
1
$5,000
Client
0
1
1
2
0
1
1
1
1
Activity Timeline
Flagged for CEO review due to budget overrun.
Escalated to PM Lead for immediate review.
Requested update on north wall brick restoration timeline.
Weekly progress update: North wall restoration 75% complete.