After a budget has been added to Rabbet during project creation, utilize the projections tool to forecast the timing of the costs. This tool provides a mechanism for setting spending parameters that simplify the projection process and provide clear cost visualizations.
Requirements
To use the projections tool, your project must have:
A budget configured
Anticipated construction start date and a construction completion date, or a project duration (in months). You will be prompted to input this information on the projections tab if not configured during project creation.
Note: "Expected Construction Start Date" has been renamed to Anticipated Construction Start to support future date tracking improvements (baseline, target, anticipated, and actuals). This is currently a name change only with no functional difference.
Create a Projection
Navigate to the Projections tab within the project.
📸 [SCREENSHOT: Projections tab navigation highlighted in the project menu]
If your construction dates or project duration have not yet been configured, you can now enter the construction completion date or project length (months) directly on the projections screen — no need to navigate back to project settings.
Once dates are entered, Rabbet will auto-populate default projection data for all budgeted line items:
Hard costs default to an S-Curve distribution
Soft costs default to a Linear distribution
Note: Complex line items such as General Contractor (GC) fees may require manual adjustment of the default curve settings.
You can still manually override the Curve Type, Start Month, and Duration for any division or line item.
Auto-Save
Projections now automatically update whenever actuals, budget amounts, or project dates change — eliminating the need to manually re-save.
Set a Baseline for Variance Tracking
To track how your project evolves over time, you can designate a projection as a baseline:
Configure and save your projection.
Select the option to Set as baseline.
Once set, the baseline projection becomes non-editable and serves as your fixed reference point.
A variance column will display the difference between current draw amounts and budgeted amounts, allowing you to monitor changes relative to the original baseline.
Configure and Download Projection Data
You can select the configure option to
Adjust Anticipated Construction Start and Anticipated Construction Completion dates.
Adjust when draws appear in projections
Adjust line items to exclude from the projections.
Click Excel to download a
.xlsxfile of the projection values.Click Graph to download a JPEG file of the projection graph.
Funding Sources Projections
When funding sources are configured for a project, the projections tab will also outline the funding breakdown of the cost projection. Toggle to the Funding Sources view at the top of the Projections tab.
The Uses of Funds feature for Funding Sources must be configured for this tool to populate. Navigate to the Funding Sources section of the Project Settings tab.
Rabbet will alert you to insufficient funds based on the line items' budgeted amounts and funding source configurations. These alerts highlight discrepancies at both the project and the single funding source level.
Availability
The projections tool is available on standard and premium plans.
Do you have questions or feedback? Please email us at help@rabbet.com
Do you have questions or feedback? Please email us at help@rabbet.com