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Writer's pictureJonathan Corrie

HOW TO TRACK PROJECT MARGINS WITH PRECURSIVE

Updated: Apr 25, 2023

| Feature Focus |


Take a look at how Precursive can help with tracking project margins to set you up for success.


Most companies have different ways and words to refer to the metrics that matter to them most, yet many out-the-box solutions don't cater to this. Precursive Projects, our tool for tracking the performance of your work, can be customized to your particular company needs using verbiage your staff is familiar with. Jonathan shows you how below:


To find out more about how our project and resource management software works, head over to https://www.precursive.com/products-resource-management.


DISCOVER THE BEST WAY TO TRACK A PROJECT


Enjoy the benefits of effectively tracking project margins with the Precursive platform. Tracking project margins is important because it allows organizations to measure their profitability on a project-by-project basis. This information can be used to identify areas for improvement and to make decisions about which projects to pursue in the future. Margin tracking also allows organizations to determine how much of their resources are being allocated to each project and to assess the return on investment for each project. This data can be used to inform budgeting decisions and to ensure that the organization is making the most of its resources.


CHAPTERS

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0:00 - Introduction

0:37 - Example of viewing a Project

0:36 - Viewing Project Details in Precursive

0:55 - Project Phases and Project Milestones

1:14 - Adding a Request for Resource Allocation

1:22 - Budget Information Tab to see Progress of a Project

2:49 - Viewing functionality to assign tags and filters

3:01 - Changing Language in Precursive to Your Business Language

3:30 - Viewing details of milestones and tracking revenue

3:48 - Summary



 

FIND OUT MORE ON TRACKING PROJECT MARGINS


Want to know more? Request a demo here, or contact us at hello@precursive.com.

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