Project profitability analysis as an employee performance metric
AssessTEAM measures invested man hours and compares them to the project budget showing you profitability analysis reports in real time.
Project profitability analysis
Profitability analysis can anticipate profit potential for specific projects, project types and teams.
With AssessTEAM, you’ll be the first to know when projects are at risk or employees need guidance. We deliver timely reports (accessed from the dashboard) that direct you towards greater employee satisfaction and profitability.
Profitability
Identify the most and least profitable projects
Confusion on where your profits are coming from can stunt your growth potential. Tracking project profitability in real time is no longer a complicated or expensive process. Enhance your profitability through actionable intelligence reports created using timesheet software that compares project budget and money spent for accurate profit forecasting. Problem solving is simple when you know where the problem lies. AssessTEAM delivers actionable intelligence that has been proven to improve profitability.
Targets Missed?
Remedy the causes of decreasing profit margins
Analyzing project profitability in comparison to employee evaluation metrics leads to powerful business intelligence reports that show why projects do not deliver anticipated profit margins. Knowing where teams or employees spent excessive time on a project can make things clearer and easier to manage. Detailed granular reports on how projects are performing compared to how employees are performing in their result areas often lead to steps that can prevent a project from going into the red.
Assess product profitability
Evolve the product mix to maximize profits
AssessTEAM shows what type of projects work best for you and explains the reasons why these types of projects do better than others. The reasons can include better training, experience or come simply down to pricing. Modify your project planning or pricing strategies based on clear data-driven reports to maximize profits. Profitability reports that clearly explain which sectors are most profitable for you can then be used by marketing and sales professionals to improve overall company profitability.
Evaluate on the basis of profits
Employee profitability tracking using big data
Employee performance metrics that are derived from Big Data-based analytics delivers freedom from prejudice and undue preference. Clear efforts on performance reporting ensure all employees are graded not on a bell curve, but on measurable accomplishments. Our simple timesheet collection software ascertains efforts invested and compares this to project budgets, building the foundation of project performance management.
