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Project Management

The Project Management Dashboard provides a detailed analysis of project financials, cost estimations, and budget performance. It helps project managers and financial teams monitor sales, costs, and labor progress while ensuring budget alignment and efficiency.

Key Performance Indicators (KPIs)​

  • Budget Sales Amount: The total estimated revenue expected from the project based on the budget. This represents the financial goal for project sales.
  • Budget Cost Amount: The estimated cost required to complete the project as planned. This includes all allocated expenses for labor, materials, and overhead.
  • Budget Margin Amount: The projected profit (or loss) from the project, calculated as Budget Sales Amount - Budget Cost Amount. A negative value indicates a budgeted loss.
  • Provisional Sales Amount: The actual revenue generated so far from the project. This helps track how close the project is to achieving its budgeted revenue target.
  • Provisional Cost Amount: The actual costs incurred for the project, including all expenses related to execution. This value helps in monitoring cost overruns.
  • Provisional Margin Amount: The actual profit or loss from the project at the current stage, calculated as Provisional Sales Amount - Provisional Cost Amount.
  • Revised Labor Progress: A percentage value that measures the progress of labor resources used versus the initial planned workload.
  • Budget vs Total Estimation: A comparison between the initial budget and the total cost estimation, helping to identify potential cost overruns.
  • Consumed Load vs Revised Load: Analyzes how much of the workload has been utilized compared to the revised project estimates, ensuring effective resource allocation.
  • Total Cost Estimation Broken Down by Cost Type: Categorizes project costs into different types (materials, labor, expenses, etc.), helping to identify where the majority of spending occurs.

Benefits of this Dashboard​

  • Improved Budget Control: Helps track estimated vs. actual project costs, reducing financial risks and ensuring budget alignment.
  • Enhanced Revenue Monitoring: Compares budgeted sales against actual revenue to ensure project profitability.
  • Optimized Resource Allocation: Tracks labor consumption and revised workload to ensure efficient use of workforce and materials.
  • Data-Driven Decision Making: Provides insights into financial variances, helping project managers take corrective actions before cost overruns occur.
  • Better Cost Estimation & Forecasting: Breaks down costs by type, helping finance teams improve future budgeting and cost control.

Filtering​

You can filter the dashboards using these filtering panels:

  • Currency
  • Project State
  • Project
  • Project Budget
  • Project Task
  • Customer
  • Sales Rep