The “Project Budget Method” is an optional information about the forecasted project price or forecasted time spent on this project. You can set it on project settings/project budget.

There are 6 budget methods available in zistemo:

Hours per Staff

You can add info on how much time (hours) your staff members are planning to spend on this project:

Hours per Task

You can add info about how much time (hours) is needed for each task:

Total Project Hours

A method used to add info on how much time (hours) is needed to finish this project:

Total Project Cost

How much this project should cost the client & Expense Budget (the maximum Budget for expenses)

If you choose “Hours per staff”, “Hours per task” or “Total project hours”, then on the projects list you will see the progress bar with the total hours spent and the budgeted amount:

If you choose “Total project cost”, you will see the progress bar with the amount of invoices sent to the client (based on this project) and the budgeted amount:

Staff Day Rate

If you choose “Staff Day Rate” your Budget Method will be “Days per Staff“. Find more infos here.

Task Day Rate

If you choose “Task Day Rate” your Budget Method will be “Days per Task“. Find more infos here.

Recurring Budget

A recurring budget will be start from zero after a specific period of time and may be useful for long-term/never-ending projects. More here

First, enable “recurring budget” on the create/edit project site:

Then, select a period for the budget. If you choose weekly period, the actual amount spent starts from zero on every first day of the week regarding to your company profile.

If you select monthly period, the actual amount spent starts from zero on the day you selected. Please note that 25th day in the month is the limit and you can’t go further.

Now you created a recurring budget for your project you can see it on the project dashboard on two positions. First, you have a date-picker where you can go thought the time periods (weeks or months). Second, you see on the instant board the selected period after the budget amount.

Of course, all widgets for the budget will be changing according to the budget period. On the project summary report we only show the budget for on period.

Please note, that when you changing the amount of the recurring budget on a budget, these changes also will be applied to all past periods!