The total for all columns will be displayed at the bottom of the spreadsheet. The profitability for each task will be automatically calculated based on actual hours minus estimated hours. The estimated cost will be automatically calculated based on the hourly rate you enter.Īctual hours and costs are automatically generated once you start tracking time on the project. Estimates and actualsĮstimated hours are based on the hours you and your team estimated for each task when you scoped the project out. This will then update the progress bar in green above. The status of each task can be updated as the project progresses. This will help to know who is accountable for each task. How to Create a Work Breakdown Structure in 6 Steps Assigned to and statusĪssign each task an owner if need be.
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