Managing your project budget is vital to the success of the project. Zoho Sprints equips you to define costs, track budget progress, forecast upcoming costs, estimate revenue, and make informed decisions to align your project performance with your budget. The project manager or owner can compare the actual cost and the budgeted (planned) cost of the project and take preventive measures to avoid budget overrun. Generally, a budget is broadly calculated by hours or amount. Therefore, you'll need to configure your budget settings based on hours or amount in Zoho Sprints.

 

There are typically four budget types that you can use to control your project budget. Additionally, you can select a billing method for the users working on the project. Setting up the appropriate budget type and billing method helps in accurately calculating project costs and enables the project owner to manage the project more efficiently.