Project

A project is a temporary organizational artifact that corresponds to the execution of the scope of work defined in a contract by a group of people. Project are always associated to a contract and by extension to a Budget Builder.

Projects are defined similarly to contracts (labor and expenses), but account for all types of margins:

• Margin at Signature
• Margin Objective
• Expected Margin

In a nutshell, the performance of a project is the difference between the margin objective and the expected margin.