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Stress several hours – In case you are calculating a billable amount, these hours are the same as non-chargeable hrs. Should you be calculating an efficiency level, these hours are similar to non-productive hours.
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A layer of simplified reporting, including key efficiency indicators relevant to whether the project is on or off monitor. As an example traffic lights over a dashboard.
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Project accounting is often resource employed by govt contractors, where by the chance to account for prices by deal (and in some cases contract line item, or CLIN) will likely be a need for interim payments.[five]
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