Keeping track of Progress and Status
Progress and status are important indicators of how your projects are doing. Together, they provide valuable insights about your projects
Progress
Specify the percentage of a task that has already been completed. For all parent subprojects and the main project, the progress is calculated automatically.
Status
In planning, in progress or already done? In teamspace, you define your own statuses for project tasks. These can be combined to workflows and linked to individual rights in the project.
Target / Actual Comparison in Real Time
Detect deviations before it is too late – no problem with teamspace. Compare the schedule with the time already needed, the planned budget with what has already been used and much more …
- Start and end time
- Duration
- Labor costs
- External costs
- Income
- Total costs
- Project times
Automatic Warnings and Notices
If a project does not run as planned, the teamspace project controlling software automatically sends you notices or warnings – if you like, also by e-mail. This way, you are always well informed and can react immediately if necessary.
Calculate Contribution Margins
To know how profitable your projects are, teamspace calculates the contribution margin automatically and always up-to-date. It takes into account all revenues and expenses incurred during the project.
Simple but ingenious: Earned Value Analysis
The Earned Value Analysis is simple but meaningful. Based on the already completed value of your project (Earned Value), teamspace extrapolates the time and cost development for the remaining project. This tells you how efficiently you are using time and money budgets.Milestone Analysis
With the milestone trend analysis in teamspace you are well prepared. Milestones are set anew with each project report. From the trend progression, you can quickly see whether the project is running better or worse than expected.
