I'm coming to you with an update. We have made some changes and I’m happy to introduce them below.
In this update:
👉 Measuring the profitability of people in Projects Finances Report
We introduced the ability to filter by people attributes in the projects' finances report. As a manager, you can measure how profitable people from given departments are. Moreover, you will predict the team's result from the perspective of time against the background of the entire company's finances.🎉 Previously, this report only predicted and measured the profitability of whole projects.
The change applies to the Projects Finances report. Note that from now on you will be able to filter data by people's attributes.
However fixed-price projects provide us with revenue regardless of the number of hours employees work, but without their work, it wouldn't be possible to generate that revenue. So their work is more or less profitable. But how do you calculate that?
To answer this question, we have developed a mechanism to calculate the revenue per employee in fixed-price projects. The algorithm is based on the "skill rate" parameter. On a scale of 1 to 10, you decide how much a person's knowledge and skills add financial value to the department's work, and the system automatically calculates it for you. See how the mechanism works:
A new Skill Rate parameter makes it easier to calculate revenue per employee in fixed-price projects:
Learn more about mechanism and Skill Rate👉 Here.
👉 Change in searching for team members | Timesheet and Reports
We have added an option for a not settled period in the Search for team members ribbon:
By not settled period we mean The period between the last settled milestone till the project’s end date.
The manager can better match people to the project and not have to pay attention to the data while creating an assignment. This way we avoid adding people for months that are already settled.
If there is no settled milestone in a particular project, the whole project is automatically checked.
👉 Improving the search for skills in the areas of technical skills, soft skills, and languages
It's possible to filter skills in a specific group. If we're looking for skills for a backend developer, we can filter the backend category first, and then technologies that belong to this category will be displayed.
👉 A few minor changes:
🔵 Visual (unification of buttons)
🔵 UX improvements
🔵 Refreshing the look of the skills table
🔵 Improving the use of multiple and single selections in forms
Let us know if you find the above improvements helpful. We do value your feedback! If you have any questions or concerns, please reach out to Support. We'll be happy to chat!
Have a wonderful day,
Dalia from Primetric Team