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timeghost - budgets projects

timeghost Use Case – How to set up budgets for your projects

Maximilian Fleckner

Due to increasing digitalization and growing competition, your customers’ demands on your company are constantly rising. You face the challenge of completing increasingly complex tasks in less and less time. In this use case scenario we want to show you how to live up to that challenge and how timeghost will help you with it.

Prioritizing and budgeting is key

Tasks need to be prioritized and, if necessary, given a time budget, because this can have a positive effect on the productivity of the company.

Good planning and constant time recording thus becomes a decisive factor for reliable project controlling and invoicing.

The goal should be to complete all tasks arising from a project within a given framework.

How can timeghost support you in this?

timeghost offers three combination options:

Task-based time budget:

Here, no time budget is given for a project. Employees in your workspace can book as many hours as they want on this project, which you can display at any time via the dashboard.

Select a project, click on Edit project and set the budget to “Task-based time budget”.

Manual time budget:

If you have agreed on a specific time budget with your client, you can do this here. You get an overview of the current progress at any time.

To do this, select a project, click on “Edit” in the project menu and set the budget to “Manual time budget” and enter the available hours.

Keep track of your budget

When setting up a manual time budget it’s also possible to create alerts that will keep you up to date about the status of your project’s budget. You simply set up after how much of the project’s budget was spent, you want to be informed via email and timeghost will sent you an email alert with the most important facts about the project.

Use case - alerts for project budgets

Try it yourself

We really appreciate all the feedback we can get, so please feel free to contact us and tell us what needs improvement or what you are missing in timeghost. 

If you need any help in setting up timeghost, please don’t hesitate to visit our Support Center or send us an email to support@timeghost.io.

Get the timeghost Teams App

You only need to install the timeghost Teams App directly from the AppSource Store in the application. You can find a manual on how to do this right here. The timeghost app includes all features that you know from the web client and since you use your Office 365 account in order to access timeghost you’re set and done in only a few seconds.

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