How Revenue is calculated in Budget?
Revenue
This represents the total income generated from the project associated with the budget.
It helps track whether the project is meeting financial goals. It’s calculated based on billable hours, fixed charges, budget, expenses and invested time inthe project. Monitoring revenue alongside costs ensures the project stays profitable and aligns with the expected margins.
- Mathematical CalFew readersBudget Listing Details
Budgets
The Budget option in Workstatus helps you set, track, and manage project and employee budgets effectively.
This feature ensures better resource planning, cost control, and helps keep your projects profitable and on track.
Roles and Permissions:
Owner/Manager/Delivery Head: They can Add/View Budgets.
Team Lead (User): They can't Add/View Budgets.
Department Head (User): They can't Add/View Budgets.
Project Manager (User): They can't Add Budgets, but they can View BudgetFew readersHow to Add/Create Budget in Workstatus?
How to Add or Create Budget ?
The Budget option in Workstatus helps you set, track, and manage project and employee budgets effectively.
Adding budget to a project improves quality, speeds up delivery, reduces risks, supports innovation, and increases stakeholder satisfaction — leading to a more efficient and successful outcome.
Roles and Permissions:
Owner/Manager/Delivery Head: They can Add/View Budgets.
Team Lead (User): They can't Add/View Budgets.
Department Head (User): TheFew readers