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Track profit by phases, not just projects

Mona Roman· Product Marketing Manager

You knew the project was in trouble. You just didn't know which part — until it was too late. Now every phase has its own budget, cost, and margin data so you catch risks before they compound.

You're halfway through a project and the numbers look fine overall. But one phase ran over hours weeks ago, another is burning budget faster than planned, and nobody flagged it because there was no place to track it. By the time you close it out — whether you're reporting to a client, to Finance, or to your own team — the damage is done and the explanation is harder than it needed to be.

With Phases, here's what you can now do:

- See the full financial picture at every level: Drill from project to phase to task without losing context. Each phase shows tracked and estimated hours, budget used, cost to date, and current and estimated margin — all in one view.

- Catch problems while you can still fix them: Automatic alerts flag unprofitable phases, over-budget phases, and phases close to their cap before they affect the overall project. No more end-of-project surprises.

- Plan the next project with real data: When each phase has its own profit and margin history, your forecasts stop being guesses. You know which types of work cost more than expected — and you adjust accordingly next time.

- Close each phase with confidence: Because costs and revenue are tracked per phase, you can review and report on each one independently — without waiting for the whole project to wrap up to understand where you stand.

When you know which phase is costing you, you stop repeating the same expensive mistakes.

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