Gross profit on a project after deducting direct labour and expenses. Indicates pricing accuracy and delivery efficiency.
Project Margin is defined as: Gross profit on a project after deducting direct labour and expenses. Indicates pricing accuracy and delivery efficiency.
Project Margin is typically measured using data from a Project Accounting. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Project Margin is a key performance indicator used across the following sectors:
Firehawk Analytics connects directly to your Project Accounting and delivers a live Project Margin dashboard. Configuration is completed within 48 hours — no data analyst required on your team.
Percentage of available working hours spent on billable client work. The single most important profitability lever for services firms.
Total revenue divided by the number of full-time equivalent employees. Measures workforce productivity at a macro level.
Percentage of clients who continue to engage services year-over-year. High retention signals strong delivery and relationships.
In 48 hours, you'll have a live Project Margin dashboard connected to your Project Accounting.