Enter your Quoted figures from the NNEP Quoting Calculator. After the order ships, fill in the Actual column with what the job really cost. Variance = Actual minus Quoted.
- Copy Quoted figures from your Quoting Calculator — or keep both open side by side.
- File this assessment with the job.
- After the order ships, return and fill in the Actual column.
- Review the Variance column. A positive variance on costs means the job cost more than estimated. A negative variance on costs means it came in under. Carry those numbers into your next similar quote.
Note on R — Real Labor: The R section tracks hours in both columns, then converts to dollars at your effective labor rate. Enter actual hours worked, not minutes.
Quoted = what you put on the invoice. Actual = what the customer paid after any adjustments.
Compare estimates to actuals line by line. Where did costs differ from what you expected?
Enter hours (not minutes) in both Quoted and Actual columns. Variance in hours × your labor rate = dollar impact to carry into future quotes.
Did you hit your profit target? This is the most important number on this page.
Did the schedule pressure you anticipated match what actually happened?
Did the customer relationship play out as expected?
| Driver | Quoted ($) | Actual ($) | Variance ($) |
| P Production Cost | $0.00 | $0.00 | — |
| R Real Labor | $0.00 | $0.00 | — |
| I Intended Profit | $0.00 | $0.00 | — |
| C Capacity Pressure | $0.00 | $0.00 | — |
| E End Customer Value | $0.00 | $0.00 | — |
| PRICE Floor (P+R+I+C+E) | $0.00 | $0.00 | — |
| Total Income Charged (A) | $0.00 | $0.00 | — |
| Profit Earned = (A) – (P+R+C) I and E are design inputs, not hard costs | $0.00 | $0.00 | — |
Quoted Profit Margin
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Based on quoted income and costs
Actual Profit Margin
—
Based on actual income and actual costs
Calibration Notes — What to Carry Into Your Next Quote
Review the Variance column above. Where were your estimates off? Note what to adjust on similar orders going forward. The goal is not perfection on the first run — it's tighter numbers on every order after that.