Construction decision-making is tough and high-risk, with big budget, time, and client satisfaction implications. Construction reporting is a critical tool for project managers and owners to track progress, identify risks, and make informed decisions to keep projects on track. With Bolster’s construction estimating software, you can simplify this process, collaborate better, and get better project outcomes.
In this post we’ll go into the basics of construction reporting—what it is, why it’s important, and how you can get the most out of it.
Construction reporting is collecting, organizing, analyzing, and presenting data about a project’s progress and status. This includes schedules, budgets, quality control, and more. When done right, construction reporting gives stakeholders the information they need to monitor project health and make informed decisions.
At Bolster, we know accurate and timely reporting is the foundation of good construction management. That’s why our platform has robust reporting features that integrate seamlessly with your estimating and budgeting workflows.
Construction reporting is important for:
Bolster’s software takes this a step further by automating parts of the reporting process so you can spend less time collecting data and more time on high-value tasks.
Different projects require different types of reports to cover all bases. Here are the types of reports every construction professional should use:
These reports track a project’s current status against the original schedule and budget. WIP reports are used to see if a project is over or under budget and the estimated cost to complete.
Daily reports are snapshots of what’s been done each day with notes, photos, and updates from the field. They keep teams and clients aligned.
Sales reports track revenue, contracts, and outstanding payments. By giving you visibility into financial performance, these reports keep your business profitable and financially sound.
Financial reports summarise overall revenue, expenses, profit, and loss. They’re essential for budgeting and financial decision-making.
These reports ensure work meets the established standards and specifications. Quality control reports often include data from inspections and audits so teams can stay compliant and reduce rework.
Change order reports document changes to project scope, schedule, or budget. They track the reason for the change, the approval process, and the potential impact on the project outcome.
Stakeholder reports are high-level summaries of project progress, schedule, budget, and risks. They’re designed to engage and enable decision-making by key stakeholders.
Bolster makes creating and managing these reports easy with customizable templates and automation.
Construction reporting can change your projects. Here’s how:
Reports provide transparency by giving stakeholders a view of project status and performance metrics. This transparency builds trust and relationships.
With one source of truth, construction reporting enables better communication between team members and stakeholders. Everyone is working towards the same goals with the same data.
Reports give you actionable information. For example, if a task is behind schedule, you can add more resources or adjust the timeline.
Reports allow real-time monitoring of project milestones and potential risks. If costs are blowing out, you can take corrective action before it’s too late.
By tracking tasks and hours worked, reports hold team members accountable and highlight areas for improvement. This reduces rework and improves overall performance.
Regular updates keep owners informed, engaged, and happy with the project's progress.
Whether you’re just starting out with reporting or looking to improve what you already do, here’s how:
Bolster makes it easy to follow these best practices with our simple interface and powerful reporting tools.
Bolster’s construction estimating software goes beyond reporting by giving you:
With Bolster, you can produce reports that give you actionable information so you can stay on time and on budget and build trust with stakeholders.
Bolster is designed for residential construction contractors. By combining estimating, budgeting, and reporting into one platform, we make it easy to manage everything in your projects. Here’s what sets us apart:
Construction reporting is the foundation of good project management, giving you better decision-making, collaboration, and accountability. With Bolster’s software, you can improve your reporting, increase transparency, and deliver great results on every project.