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Key figures for cost control

The most important cost metrics along the three perspectives margin, early warning and documents – what they say and whether and how teamspace delivers them.

Cost control only becomes steerable once you measure it – and day by day, not only at the year-end close. This article belongs to layer 3 of the cost-control guide – “measurable data” – and describes the metrics you use to run costs and margin: what each says, why it matters, and honestly: whether you reach it with teamspace and via which analysis.

Prerequisite for almost everything: Contribution margin and margin only compute if the internal cost rate is maintained and every item is captured. Costs that are not booked are missing from the project result – and flatter it. See Set up cost rates.

Three perspectives, three questions

The metrics of cost control sort into three perspectives – each answers a different question:

  • Margin: Do we earn enough on our projects?
  • Plan/actual & early warning: Are costs running within the frame – and do I see deviations early?
  • Documents & liquidity: Do costs flow through cleanly – and is money outstanding?

Margin – do we earn enough?

MetricWhat it saysWith teamspace?
Contribution marginRevenue minus direct costs per project.Direct – teamspace calculates the contribution margin automatically and always up to date (internal cost rate); analysis in Project analysis, Employee analysis, Customer analysis.
Average project contribution marginA quality indicator for the portfolio – how profitable the projects are on average.Direct – via the financial/project analysis per project; you read the portfolio average from the cumulative view.
MarginContribution margin as a percentage of revenue.Direct – derived from the automatically calculated contribution margin relative to revenue.

The model behind the contribution margin is explained in Cost control: contribution margin, recharging & cost accounting.

Plan/actual & early warning – is it within the frame?

MetricWhat it saysWith teamspace?
Planned/actual variancePlanned against actual costs, with traffic light and threshold.Direct – a real-time planned/actual comparison (costs, times) plus the traffic-light method with green/amber/red.
Forecast varianceProjected total costs against plan.Direct – the earned value analysis delivers cost variance and cost efficiency as a forecast; see Project controlling methods.

Documents & liquidity – does it flow cleanly?

MetricWhat it saysWith teamspace?
Documents awaiting approvalDwell-time monitoring – how many documents are waiting for approval.⚠️ With analysisincoming documents carry a status (e.g. “To review”); you see the number awaiting approval via the status filter, the dwell time is derivable but not a ready-made metric.
Outstanding receivablesOpen items by due date – how much money is outstanding.Direct – the receivables status and Reminders & credit control show overdue items by stage.

In short: what teamspace delivers – and what you contribute

  • Straight from the system: contribution margin, margin, average project contribution margin, planned/actual variance (with traffic light), forecast variance and outstanding receivables. These figures arise automatically once cost rates are maintained and documents are booked.
  • With a little analysis: documents awaiting approval – the number via the status filter, the dwell time derivable from it.
  • With context from you: the traffic-light thresholds, the plan/budget and every target value – teamspace delivers the actual, you bring the thresholds and plans.

The common thread stays the same: margin and contribution margin are only as real as the promptly captured documents and the maintained cost rates. As maturity rises, single figures turn into a day-current planned/actual with early warning – see the maturity levels in the guide.