Project Profitability

The data model comprises views such as Project Summary, Revenue Analysis, Cost Analysis, Margin Analysis, ROI Dashboard, and Profit Forecast. It includes measures like Estimated Profit, Actual Profit, Estimated Quantity, Actual Quantity, Hours Billed, Quantity Invoiced, Quantity To Invoice, Last Forecast Cost, Forecast Sale, Last Forecast Profit, New Forecast Costs, New Forecast Sales, and New Forecast Profit for detailed project performance evaluation, revenue breakdown, cost reduction identification, profitability optimization, and future profitability prediction based on historical data and trends.

Benefits of This Data Model

• Improved Project Performance: Gain an overview of project performance encompassing revenue, expenses, and profit through the Project Summary view for strategic decision-making.
• Enhanced Profitability Optimization: Utilize the Project Margin Analysis view to examine project margins and optimize profitability, enhancing pricing strategies.
• Cost Reduction Identification: Leverage the Project Cost Analysis view to analyze project costs and identify areas for cost reduction, improving overall project efficiency.
• Future Profitability Prediction: Forecast future project profitability based on historical data and trends using the Project Profit Forecast view, enabling proactive planning for enhanced financial outcomes.

Key Performance Indicators (KPIs)

• Project Estimated Profit: The projected profit expected on a project before it is completed based on initial estimates and financial forecasting.
• Project Actual Profit: The final profit realized on a project after completion, reflecting the actual financial outcome.
• Project Estimated Quantity: The anticipated quantity of goods or services to be delivered as initially estimated for the project.
• Project Actual Quantity: The actual quantity of goods or services delivered upon completion of the project.
• Project Hours Billed: The total number of hours billed to the project, usually indicating the amount of work completed.
• Project Quantity Invoiced: The quantity of goods or services that have been invoiced to the client.
• Project Quantity To Invoice: The remaining quantity of goods or services that are yet to be invoiced.
• Project Last Forecast Cost: The most recent estimated total cost of completing the project.
• Project Forecast Sale: The predicted total revenue expected from the project based on forecasting.
• Project Last Forecast Profit: The profit expected on the project based on the most recent forecasting before completion.
• Project New Forecast Costs: Updated estimates of the total cost required to finish the project.
• Project New Forecast Sales: Revised predictions of the total revenue that the project is expected to generate.
• Project New Forecast Profit: The projected profit based on the most recent updates and forecasting for the project.

Available Visualizations

View Name	Description
Project Summary	Overview of project performance including revenue, expenses, and profit.
Project Revenue Analysis	Breakdown of revenue streams by project to analyze profitability.
Project Cost Analysis	Analysis of project costs to identify areas for cost reduction.
Project Margin Analysis	Examination of project margins to optimize profitability and pricing strategies.
Project ROI Dashboard	Dashboard displaying return on investment metrics for each project.
Project Profit Forecast	Prediction of future project profitability based on historical data and trends.