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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is Project Gross Margin
What is Project Gross Margin  

What is Project Gross Margin



 
 

Project Gross Margin is a financial term mostly applied to business and investment projects to identify the amount of gross income expressed as a percentage ratio between profits generated by a project and costs required by this project. It is a financial indicator that reveals how much the project earns taking into account the costs that are incurred for producing project product.

Project gross margin is one of the financial measures that help evaluate profitability of a project. It is calculated as a percentage ratio between the project’s gross income and its expenses. Obviously, a project with higher gross margin is more profitable because it generates more profits and incurs fewer costs.

Gross margin shows cost-effectiveness a project. In other words, a project with lower gross margin is likely to be less effective in terms of costs incurred and thus less profitable. Cost-effectiveness analysis is often used to research and evaluate project profitability.

A company that operates profitable projects with higher gross margins will gain more money for spending on other projects and business operations, such as market research, business development and employee training. Such a company has more chances to prevail at the marketplace and reach higher competitiveness.

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