Project economics comes down to one question: are we making money on this job? With project economics in ByggExp you see budget versus actual, what the hours and material really cost, and the margin of the project – in real time, while there's still room to steer.
What project economics means in ByggExp
Project economics in ByggExp is a combined view of a project's income and costs. Logged hours are converted into labour cost, purchased material and receipts are added, and everything is set against the budget and price you defined. The result is a clear picture of profitability – without building your own spreadsheet.
Getting started – step by step
- Open the project in the web admin and enter a budget – either as a total or split between labour and material.
- Make sure the team logs time via the mobile app and registers material and receipts as they go.
- Go to the Economy tab. Here you see budget versus actual and how much remains.
- Review the cost of hours and material and the calculated margin in both currency and percent.
- Spot projects approaching the budget ceiling and act – adjust staffing, invoice change orders, or check in with the client.
- In the mobile app you get a quick overview of profitability right on site.
Benefits
- Real-time view of profitability – no surprises at the end of the project.
- See instantly which projects are running over and may need action.
- Better basis for the next quote because you know what similar jobs actually cost.
- The same figures for the whole team – no more scattered spreadsheets.
Tips
Set a realistic budget when the project is created – then the comparison to actual is meaningful from day one. Review the economics every week instead of waiting until the end; small deviations are easy to correct early. Use the outcome of finished projects as a benchmark when pricing new work.
Frequently asked questions
Is the labour cost calculated automatically?
Yes. When the team logs time, the hours are converted into cost based on the hourly rates you set, so the margin updates continuously.
Can I compare profitability across several projects?
Yes. You get an overview showing margin and actuals for several projects at once, so you can quickly see which are the most profitable.
Want to know exactly which jobs make money? Start tracking project economics in ByggExp and make decisions on real numbers.







