Stay on Budget
In this example, a construction site has 1,000 hours budgeted for groundworks, 200 for foundations and 300 for assembly.
- At project commencement, the project manager uploads the budgeted hours to the Dashboard.
- Throughout the project, employees choose from groundworks, foundations and assembly to allocate their hours when signing out.
- The project manager can revise the allocations and budget, and periodically estimate progress on each of the three activities.
- The Dashboard tracks the actual hours against the budgeted hours, and predicts the likely budget outcome upon completion.
- The project manager uses the prediction to reassign employees to different tasks if needed to stay on budget.
If 500 hours have been logged against groundworks, and the project manager's progress estimate is 80% completion, then the Dashboard will predict a surplus of 375 hours upon completion (significantly under budget).
Conversely, if 500 hours have been logged against foundations, and the project manager's progress estimate is 50% completion, then the Dashboard will predict a deficit of 800 hours (significantly over budget).