Edition: Consulting, Agency, Accounting
Plan: All Plans
The Story So Far provides a summary of the key financial information on a project at a glance.
Story So Far
Total Fee: Hours budgeted x role charge out rate + Adjustments
Total Additionals: Total of Sale price of additionals
Total Budget: “Total Fee” + “Total Additionals”
Time Cost to Date: Booked hours x role cost rate
Future Scheduled Time Cost: Scheduled Hours x cost rate
Additionals Cost: Total of Cost price of additionals
Future Additionals Cost: “Additionals Cost” – The actual value of incurred additional costs to date
Estimated Profit: “Total Budget” – (“Time Cost to Date” + “Future Scheduled Time Cost” + “Additionals Cost” + “Future Additionals Cost”)
Estimated Profit Margin: (“Estimated Profit” / “Total Budget”) * 100
Percent Complete: The projects current % complete value
Invoiced to Date: The total value of all invoiced or paid invoicing against the project
Original Plan
The Original Plan provides a snapshot of what the project figures were at the time the project was won, this enables you to look back to what the original profit margin was on the project before any changes were made after the project was won.
Time Fee: Hours budgeted x role charge out rate + Adjustments
Additionals - Sale Price: Total of Sale price of additionals
Total Project Price: “Time Fee” + “Additionals - Sale Price”
Time Cost: Hours budgeted x actual role cost rate
Additionals - Cost Price: Total of Cost price of additionals
Total Cost: “Time Cost” + “Additionals - Cost Price”
Estimated Profit: “Total Project Price” – “Total Cost”
Estimated Profit Margin: (“Estimated Profit” / “Total Project Price”) * 100
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