Project Budgets and Tracking

Stay profitable by tracking project budgets carefully.

Setting a Budget

When creating a project, set:

• Time budget: Total hours allocated
• Cost budget: Total cost limit
• Hourly rate: Rate for this project

Budget Tracking

Dashboard shows:

• Hours used: Time tracked so far
• Hours remaining: Budget left
• Percentage used: Visual progress bar
• Projected total: Based on current pace

Budget Warnings

Get notified when:

• 75% of budget used
• 90% of budget used
• Budget exceeded

Budget vs Actual

See profitability:

• Budgeted: What you estimated
• Actual: What you've tracked
• Variance: Over/under budget
• Margin: Profit percentage

Best Practices

1. Buffer estimates: Add 20% contingency
2. Track daily: Don't let tracking lag
3. Review weekly: Check progress
4. Adjust if needed: Update estimates
5. Learn: Use data for future quotes