Tracking project revenue in Scrum way using JIRA

Tracking project revenue in Scrum helps project manager to monitor and forecast the project.

As a manager you will be closely working with Sales team and Finance team for creating SOW.

You should have the job level rate card for the project as below and calculate the Blended Rate ($/hr).

In this revenue calculation we are running project in Scrum and using JIRA tool.

Blended Rate = average of all above Rate.

Please note down below formula for find the project running in positive revenue or running in negative revenue.

Planned Cost = Planned Hours*Blended Rate

Planned Margin = (Planned Revenue-Planned Cost)/Planned Revenue*100

Actual Cost = Actual Hours*Blended Rate

Planned Margin = (Planned Revenue-Planned Cost)/Planned Revenue*100

Actual Margin = (Planned Revenue-Actual Cost)/Planned Revenue*100

Delta = Actual Margin - Planned Margin

When Delta is Positive value the project running with Positive margin and when Delta value is negative the project running with Negative Margin.

Important Note: The above decision need to be considered based on the % of task completion. For example in the first example (JIRA-123) Delta value is positive but the % of task is 50% instead of 100% then the we need consider this as negative margin. The status need to tracked during daily stand up.

Use below fields in JIRA for tracking time:

Original Estimate
Remaining Estimate

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