Cost-control guide

Renovation change-order template and tracking guide

Record what changed, why it changed, what it costs and how it affects the schedule before the work disappears into the next invoice.

Give every change a number

Use one line per change and assign a simple ID such as CO-001. Include the request date, description, category, room and person who requested it. This creates a record that can be matched to quotes, emails and invoices.

Track changes with the full project

The free workbook connects change orders to the broader budget, payment, selection and timeline workflow.

Separate requested and approved cost

The first price mentioned is not always the final approved amount. Keep requested cost and approved cost in separate columns, and leave status as pending until the scope and price are clear.

Record the schedule effect

A small cost change can create a large delay when it affects inspections, material lead times or the order of trades. Add the expected schedule impact in days and note any dependent work.

Use clear statuses

Keep the list simple: pending, approved, declined, completed and invoiced. Review pending items before weekly project meetings and reconcile completed changes against contractor invoices.

Update the main budget

Once a change is approved, add or update the matching budget line immediately. The approved change should appear in committed cost before payment is due, so the remaining budget stays realistic.

Keep evidence together

Record the quote, email, photo or drawing reference that supports the change. The tracker is an organization tool; project-specific contract and legal questions should be reviewed with qualified professionals.