Cost Module

Project Cost Management Software for Complete Control

Take command of your project costs with precision. Mastt’s project cost management software helps teams control budgets, track actual costs, and manage cost performance across complex projects - all in one place.

16+
Hours saved per project per month
50+
Spreadsheets killed per project
60%
Reduction in time preparing reports

Delivering Power to The world's best in Capital Projects

A logo with black text that says "Australian Department of Defence"
A logo of RPS.
A logo with black text that says "Australian Department of Defence"
A logo of RPS.

Why Project Teams Trust Mastt for Cost Management

Mastt’s project cost management software gives construction teams complete visibility over project budgets, actual costs, and future forecasts to drive cost certainty.

Purpose-built for complex projects, it simplifies cost control, cost tracking, and decision-making across the entire project lifecycle.

Trusted AI Does Your Heavy Lifting

Automate repetitive cost management tasks with Mastt’s AI. Liberate yourself from data entry and let our AI Contract & Payment tools prepare your cost report.

Work with AI inside Mastt’s AI Template Studio to prepare financial insights and dashboards based on your prompt, helping you build smarter, faster, and with less guesswork.

Executive Dashboard for Capital Improvement Programs
A screenshot of Mastt’s Project Cost Dashboard for the Skyline Tower Development project. The dashboard visually summarizes key financial metrics including total budget (3.0m), committed costs (4.3m), forecasted final cost (EAC) of 4.7m, variance to budget (-1.8m), and total paid (0.8m). It features dynamic charts and graphs showing budget vs payment progress, variance bars, and a cash flow graph with monthly and cumulative overlays.

Numbers You Can Trust. Real-Time Cost Tracking and Budget Control

Track every dollar with confidence. Mastt’s project cost management software gives you instant visibility into actual costs, committed spend, and budget changes.

With Mastt you can stay in control, prevent overruns, and make smarter decisions at every phase of the project lifecycle.

AI-Powered Streamlined Contract & Payment Management

No more chasing spreadsheets or second-guessing approvals. Mastt’s AI automates payment recommendations, generates audit-ready reports, and simplifies contract workflows so your team can focus on delivering, not double-checking.

You’ll feel confident knowing every payment aligns with budget and actual cost, with full transparency. It’s smarter cost control without the stress.

A payment recommendation document for a construction contract, showing project and contract details, claim periods, submitted and approved amounts, and a breakdown of payments. The document includes financial data such as total to date, remaining amounts
A screenshot of Mastt’s Project Cost Management dashboard displaying cash flow forecasting for a construction project. The interface includes a dynamic bar and line chart showing monthly financial data such as paid amounts, contract values, uncommitted costs, risks, and cumulative overlays. Below the graph, a detailed cost breakdown is presented by project phase, with forecast figures, unassigned amounts, and monthly allocations.

Forecast with Precision. Command Your Cash Flow.

Mastt puts you in the pilot seat with a real-time cash flow dashboard that connects actual costs, project commitments, and future spend.

Instantly visualize how every change impacts your project budget, and forecast with precision using live data, not guesswork. It’s project cost management software that feels like a control tower: powerful, responsive, and built for complex construction projects.

Start with Proven Budget Tracking Templates

Kick off your project with pre-built, best-practice templates designed for construction cost management. Track budgets, actual costs, and forecasts - fast, free, and with total confidence.

Powerful Features for Smarter Cost Management

Mastt’s construction project cost management software gives your team the tools to stay on top of budgets, improve cost performance, and deliver with confidence.

Cost Tracker

Automate financial project controls, including budgets, contracts, payments, forecasting & more in a single table for projects or programs.

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Cash Flow Forecasting

Fast, easy cash flow forecasting. Automated actuals and reconciliation with budgets.

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Contracts

Digitise and automate your contract, line items, retentions & payment certificates.

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Variations

Digitise and automate your variation register, process and certificates.

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Budget Changes

Add, remove or transfer funds to and from budgets or sub-budgets easily.

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Reporting

Create weekly, monthly or quarterly reports quickly and easily.

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Project Roll Up & Aggregate

Automatically roll-up and aggregate projects into programs, portfolios, regions, assets and more.

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Payments

Digitise and automate payment management, retentions and recommendations.

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Forecast & Uncommitted

Create uncommitted line items for potential changes, scope, work elements, risks, anything!

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Forecast & Uncommitted

Create uncommitted line items for potential changes, scope, work elements, risks, anything!

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Forecast & Uncommitted

Budgets

Manage Budgets, Sub-Budgets. Add, remove or transfer funds easily between budgets.

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Budgets

Andrew Benn, WSP Technical Director

"With Mastt, our client can see the status of the project anytime, reducing back and forth queries, and not having to wait until the end of the month to receive a monthly report."

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Rebecca White, RPS Program Manager

"Mastt has saved our team significant time and effort in managing the financials elements of 65+projects. The team now has total visibility over their individual projects as well as the overarching program of works."

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Erik Maasepp, Capital Insight Senior Project Manager

"Mastt takes away a lot of user error that spreadsheets bring. With Mastt, we are able to combine multiple projects into programs or portfolios for management level analysis and direction."

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CAPT. Dan Foley, Army Digital Transformation Manager

"Mastt is increasing the team’s tempo and productivity by enabling real time information across our portfolio of projects. This transparency is assisting us to make informed decisions, to identify opportunities and reduce the risk."

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Dan Atkins, Jacobs National Program Manager

"Mastt's ability to record critical financial information as well as program forecasted delivery and milestones put Jacobs in a favourable position to our clients."

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Mohammed Salameh, Compass' Associate Director

"Moving to Mastt is one of the best decisions my team has ever made. It’s cost-effective, easy to use, and a quick set up."

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Fergus Bruce, Project Manager at WSP

"A key factor in our decision to adopt Mastt is its user-friendliness. It had to continue to empower us to work smart, allowing us to consistently deliver excellence across multiple sectors and geographic regions."

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Frequently Asked Questions

Can I export to excel?

Yes, you can download spreadsheets anytime directly from within the application.

Can I access a demo to play with the system?

Yes, simply click 'Get Started' in the top right today!

How do I export Cost Registers from Mastt?

Exporting Cost Registers from Mastt is a breeze – just a click, and you have your report in excel, PDF and other formats.

Does Mastt offer automated Cash Flow projections?

Automated cash flow projection functionality is currently unable to be undertaken within Mastt, however Mastt does allow for detailed cash flow reports to meet all your reporting needs. We should have automated cash flow projections ready to use in a few months.

Can I upload Excel files to the Cost Module in Mastt?

Mastt can easily upload your existing spreadsheets into Mastt. We're trying a few new methods of enabling this for users, including an Ai tool so you don’t have to even format a template for uploading.

Can I create Payment Certificate documents in Mastt?

Yes, generate automated Payment Certificate documents in Mastt with ease, saving you valuable time.

Can I attach documents to Contracts, Variations or Change Orders, and Payments in Mastt?

Yes, you can easily attach and manage documents related to all your project financial needs in Mastt.

How can I generate Variation or Change Order Approval documents in Mastt?

Quickly extract pre-configured Variation or Change Order Approval documents directly from Mastt to streamline your process.

Can I set up my own Budget breakdown structure in Mastt?

Absolutely, Mastt allows you to customize the budget breakdown structure to suit your project's needs.

Is there a way for me to trial Mastt before I commit?

Yes, you can access our Sandbox Environment to explore Mastt's features before making a decision.

What are Mastt's pricing options?

Head to mastt.com/pricing to see all our pricing.

How do I input data into Mastt, and am I responsible for keeping it updated?

Yes, after onboarding, you're in charge of inputting and updating project data in Mastt, which occurs directly within the modules.

In which formats can I export my data from Mastt?

You can export your data from Mastt in Excel, CSV, or PDF formats, whichever suits your needs.

Testimonials

Hundreds of companies trust Mastt for project management

From Payments to Portfolio, your end to end solution to save time, costs and accelerate Capital Projects.

It's a great reporting tool for the college because it gives us a lot of transparency and visibility of information in regard to contracts, the contract sums, the actual spending against the variations, and where we are at.

Elke Forrest

Oakhill College

Business Manager

Mastt provides standardisation of cost management tasks and centralises project cost information, which improves team collaboration, data access, budget planning, project governance, and reporting capability.

Andrew Boska

RPS

Project Manager

Great CAPEX management tool with intuitive infographics. The dashboard view of projects is something that we did not have before Mastt. I can see that it will deliver a clearer and more intuitive understanding of capital projects to executives.

Jonathan Glover

Defence

Mastt's ability to record critical financial information, as well as program forecasted delivery and milestones put Jacobs in a favourable position for our clients.

Dan Atkins

Jacobs

Section Leader Defence Infrastructure & Delivery Solutions ANZ

Mastt enables efficient and accurate forecasting and cash flow management at an individual project level, as part of a portfolio, or as part of a program of works. Communication with internal and external stakeholders is EXCELLENT. Risk management and communication of the risks at different business levels is excellent.

Mathew Jetson

AECOM

Associate Director

Mastt’s real-time updates allow our team to keep updated on progress and provide updates to clients whenever required. Mastt has saved our team significant time and effort by becoming a ‘one-stop shop’ for managing the financial elements of 65+ projects.

Rebecca White

RPS

Practice Lead

A very intuitive platform for financial management. Ability to access the platform from both restricted secure networks (Defence) and public networks. Ease of adapting existing processes into a far more streamlined process.

Golborn Turner

Defence

Mastt provides financial information in an easy-to-read and succinct manner. Mastt is constantly requesting feedback on how they are able to better the system and assist in teaching me ways to extract information from the software in a way that is tailored to my needs.

Emanuel Milatos

RPS

Project Manager

Mastt allows us to complete our cost management activities in a more efficient way and gives us more time to focus on technical project management activities that we face in the role of project manager.

Therese Jensen

Essence PM

Project Manager

Mastt allows financial and status tracking of construction projects all in one system (no need for backup spreadsheets!). The system makes it easy to track the overall budget status and report quickly and easily to your clients.

Taylor Daniell

Jacobs

Senior Project Manager

Mastt will be used across all our development partners. It is a great way of tracking and forecasting cash flows, claims paid to date, risks, and key milestones.

Matt Hibbert

Australian Unity

Portfolio Analyst

Since moving to Mastt, our reporting regime has become a lot simpler. We are able to report in real time, so there's no delay in financial data being updated. The time it takes is a lot quicker, making the fund a lot more efficient for investors.

Jacob Edwards

Australian Unity

Fund Manager

Powering Construction Project Management with Easy-to-Use Tools