Calculating project profitability: Tips and techniques for success
Improving a project’s profitability means you earn more money while still delivering high-quality results to your clients. Everyone wins. But it can be hard to keep track of your project’s financial health because of tight deadlines and rising costs. If that sounds familiar, this post will help you. Keep reading to learn what project profitability is, how to calculate it, and ways to improve it. We cover important topics like project revenue, direct costs, and key financial metrics.