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KnowCost for Jira

Track

Agile

Costs

View Product Versus Spend Burndown in Jira in Real-Time

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The KnowCost for Jira Dashboard brings financial and delivery data together in one single view, so you can stay on track, on-cost and on top of your Agile delivery projects. 

 

Whether part of an organisation building software in-house - or a service provider delivering software for clients – KnowCost for Jira couples real-time cost-delivery analyses, with smart prediction techniques. 

 

This tool is a must for Agile project management.

In-house Product & Engineering stakeholders have a better informed view as to where and how best to allocate budget moving forward

KnowCost for Jira is

Easy to use

Easy to configure

Secure

Available in both Cloud and Server versions

Service Providers can track against specific revenue & margin targets in real-time, and present a managed Statement of Account to the client

Engineers

KnowCost for Jira is an all-compassing Management Information Dashboard, providing Project and Product Managers, Product Owners and Scrum Masters alike with greater visibility of delivery, improved certainty of costs, and a better outlook on future planning using KnowCost’s financial and delivery projections.

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Permissions based Controls

Assign KnowCost Customer or Manager roles to customize the dashboard your audience sees

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Set up your Budget, Rate Card & Team

KnowCost Managers can use the Settings view to set up their project currency, target budget, and Rate card for the team

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View Product versus Spend Burndown
Discover Inefficiencies & Optimizations

KnowCost breaks your Delivery, Cost and Timesheet detail down according to Epics snd Role

Pivot according to Projections!

By comparing Product with Spend burndown, get a real-time view as to whether your project is truly on-track or not

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Make more informed decisions with greater certainty of cost and timelines based on KnowCost’s projected final costs & release dates

Servic Provides

In addition to all of the above, IT Service Providers can also use KnowCost for Jira in Client Delivery Mode, which is designed to track sensitive financial data that only a subset of users on a project should ever see.

Set both a Cost rate and a Sell rate on the Team Rate card

Manage Discount and Cost of Goods Sold (COGS) values

Track against financial targets on revenue, COGS and margin

Publish a Statement of Account to the Dashboard to track billing

Only Users with Service Provider permissions are presented with an additional section below the standard Dashboard, which shows all project financial data including a real-time comparison of current revenue, COGS and margin values against project targets

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Financials for Service Providers
Statement of Account for Client

Only the Service Provider can see this section below the Dashboard

Whilst the Client sees their Statement of Account

With KnowCost for Jira, Service Providers have a real-time view of their own key account metrics on the same dashboard as project delivery and budgetary data, providing greater insights into cost optimizations, investments, and growth opportunities, than ever before!

Key Benefits

Costs and delivery Data in one place

Reign in Spending on Scope & Team 

Project Budget data can now play a factor in delivery and planning ceremonies between product managers, product owners and scrum masters

Project stakeholders see cost breakdown per role type and epic, allowing them plan revisions to team profile or delivery scope to counter budget deficits and scope creep

Identify areas ripe for efficiencies

KnowCost reviews team estimates on the epic, user story and sub-task levels and highlights any flaws in their approach to estimating work

Projected Final Costs and Release Date

KnowCost calculates the projected final costs and release date based on current run rates, meaning project stakeholders can make much more accurate decisions.

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Tony Clarey, VP of Business Development at Euvic

As an IT Service Provider, we are always looking for ways to invest in our customer's success whilst optimizing our own margins - KnowCost helps us do both of those things on our T&M and fixed price projects. Every project should have KnowCost - our customers absolutely love it and it helps us adjust to changes like never before! 

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