An all-in-one project material tracking Excel template that connects original takeoff, change orders, purchasing, and real-time jobsite inventory, with automatic discrepancy flagging.

Contractors import and preserve the original takeoff list, log approved material revisions, and the current requirements list is created automatically.
Optionally they can enter or import actual inventory data – purchases, deliveries, usage, availability – and compare this info with current project materials requirements side-by-side.

This template answers the following questions for commercial trade contractors:

1. What materials, quantities, and prices were included in the original construction material takeoff?
2. What are the project’s current material requirements after takeoff revisions?
3. How does the current material list compare with the original project bid?
4. Which materials were added, removed, increased, reduced, or substituted?
5. Why was each material change made, and when did it become effective?
6. Who requested, reviewed, and approved each change?
7. How have approved changes affected planned material quantities and estimated costs?
8. How do planned material requirements compare with actual inventory that was ordered, received, and used?
9. Are there materials that are over-ordered, over-received, overused, or still outstanding?
10. Which items may result in project material shortages, excess inventory, or cost overruns?