Currently, the contract summary highlights the contract value as well as the estimated cost, profit and margin. These values are only useful at the start of the project and become much less useful as the project progresses. I would suggest an option to focus on the projected values as they are the most current reflection of expectations.
This issue is most apparent when viewing a job that has predicted losses but is showing green, positive values for the profit and margin cells.
Company | Formula Contractors Ltd. |
Job Title / Role | Financial Controller |
I need it... | 1 month |
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Estimated only matters initially. Projected costs matter as soon as the project starts throughout construction.