![]() ![]() Bitrix24 Billable hours app to the rescue. There’s an app for that as well ( Project Burnup Chart).įinally, if you bill your clients by the hour, you need to calculate total billable hours for the project and understand how much the project has actually cost you vs how much you’ll bill your client. Some companies use burnup or burndown charts for tracking project progress. There’s a free app in Bitrix24 that does that aptly called Expenses. Next, you need to track your project expenses. This data can later be used for project cost control. For example - $200 for design, $1200 for printing, $800 for marketing.īecause in many businesses the primary expense is employee worktime, you need to use a workload planning tool in Bitrix24 to estimate how much time of certain employees or contractors the project is expected to take. This means that you can easily break down project into tasks and assign budget for each task. ![]() The easiest way to do budgeting inside Bitrix24 tasks and project is through custom fields. Finally, you need to see the final report with your actual expenses and compare them with the planned budget. Then you need to track every expense for the project. This means you need to start with the budget for your entire project. Looking for free project cost management software and tools? You’ll love Bitrix24 – a leading free project management platform that comes with a number of tools that help you estimate project costs, track expenses and see final reports.Įvery project starts with planning. ![]()
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