Setting the stage to thinking about your work.
We built the Professional Services function of ScopeStack around the concept of defining minimum units of effort to complete a piece of work. Identifying those pieces of units of work allows you to figure out a few different things:
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You can calculate the total professional services effort on a project by scaling different portions of the individual efforts.
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You can associate the pieces of effort with a person who will complete the work.
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That person has a cost to your company and a rate you will bill the client for their work.
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Calculating a project's price involves using the total effort for a particular person (resource) and their billable rates.
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Using the amount of total effort for a resource and its cost, you can determine what the project will cost your company.
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You can use price and cost to determine your margin on the project as a whole.
This core financial function allows ScopeStack to analyze three variables (Effort, Rate, and Cost) and determine the financial picture of professional services.
Need more complex pricing or price breaks? Check out Variable Rates.