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How to Read a Construction Project P&L — A CPA's Walk-Through for AU Builders, EPC Contractors and Project Managers
Every construction or EPC project should be its own P&L. If you can't show me last month's gross margin on Project #7, broken down by labour, materials, sub-contract, plant hire and overhead — and what that margin was forecast to be at quote time — your finance function is missing the most important visibility there is. This guide walks through the structure of a properly-built project P&L, what each line means, how to read margin trends, and the 8 numbers every project owner
May 276 min read
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