1time

Uncategorised

The Key Differences between Internal Hourly Rate, Charge Out Hourly Rate, and Total Hourly Cost 

One of the questions 1Time support get asked most frequently, is the main differences between Internal Hourly Rate, Charge Out Hourly Rate, and Total Hourly Cost?  Within this blog we will discuss in further detail the key differences of these features, but more importantly, how these can be used within reporting.   The Internal Hourly Rate  …

The Key Differences between Internal Hourly Rate, Charge Out Hourly Rate, and Total Hourly Cost  Read More »

Project Management – Effectively Starting a Project

Project management according to the Project Management Institute is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Their Project Management Body of Knowledge (PMBOK® Guide) identifies its recurring elements. The processes of Project Management are divided into 5 groups: Initiating, Planning, Executing, Monitoring and Controlling, and Closing. …

Project Management – Effectively Starting a Project Read More »

What is Utilization?

What is Utilization? Utilization is a metric used by professional service companies to represent the productivity achieved by an employee (typically) or a team for a given period. Productivity is most often based on Billing. The Utilization rate is expressed as a percentage. An employee who achieves 80% utilization is significantly more productive than one …

What is Utilization? Read More »

Approvals

Configurable Approvals All Timesheet entries and selectedtypes of Time-off needApproval Notifications Reminders for Team Leadersand Administrators ofitems awaiting theirapproval