Project P&L with margin

Project P&L with margin in Project & Task Management helps teams run a connected Financials workflow with approvals, audit trails and reporting.

How This Feature Works

1. Project setup, Define scope, milestones, deliverables, budget, billing method (T&M, fixed-fee, milestone, retainer).
2. Plan & schedule, Build WBS, task list, Gantt with dependencies, resource assignment, baseline.
3. Execute, Team works tasks via kanban; logs time, expenses, files. Manager sees real-time burn-down.
4. Track & control, Compare planned vs actual cost / hours; raise change requests; re-baseline if needed.

Business Outcomes

• Hit deadlines 20–30% more often with critical-path planning
• Lift utilization from 55% to 75%+ with capacity dashboards
• Catch project margin slip in week 1, not week 12
• Cut billing dispute rate with itemised timesheets

Related Features

Project budget vs actual (cost, hours, revenue) • Earned value (PV, EV, AC, SPI, CPI) • Multi-currency, multi-rate billing • Auto-invoicing with WIP recognition

Industries That Use This Feature

Education • Legal • Manufacturing • Professional Services