Projects could basically be about anything: from building a new house, to setting up a new marketing campaign or building a new website from scratch.
In Teamleader, a project could be the next step once a deal is accepted: the actions you take to live up to what you promised to do in your quotation, but it could also be an internal project.
A project grants you the option to easily add tasks and meetings while keeping an overview of the overall progress. The work breakdown page on a project allows you to make clear estimates of the required work per project phase and allows you to keep your projects perfectly under control.
There's also the cross-projects timeline that provides you with a visual timeline overview of all your projects. This feature lets you continuously evaluate how occupied your business is and shows you which projects need your attention. Read all about the cross-projects timeline here! Are you a BOOST client? Then you also have the project planning module in your licence, which lets you spread the workload within just a few clicks.
On a project, you can also monitor the use of the allocated budget. Navigate to the project and click on the tab 'Project info' in the header. On this page, you'll find 'Budget spent'. 'Budget spent' on a project displays your client's budget and how much billable hours are spent. Budget management on projects is a way to keep track of the predetermined budget you and your customer have agreed upon. By allocating resources and estimating time on billable tasks & meetings, you'll know if you are going over budget.
Besides that, you can also visualize the profit you are making by giving an overview of the costs you've incurred in relation to the revenue of the project. You can find this feature on the 'Project info' page in your project and read more about it here!
Furthermore, you will be able to draw up detailed reports of each project.
To make things clearer, let's run through an example together in the next article (building a house).
Click here for the next part on projects: Getting started: How can you structure a project?