What do status updates cost you?

Your numbers, our current prices and the formula on the page. The starting values are guesses, so swap in yours.

What an hour of a PM's time costs you or bills at. To compare, see the US pay data for project management specialists.

Time on status updates
43.3 h
per month, 21.7 h for each PM
What that time costs
$3,250
per month, 10.8% of retainer revenue

Pro plan, up to 20 portals: $55 per month

The plan pays for itself if it takes 1.7% of this time off your plate.

Hours back
21.7 h
Money back
$1,625
After the plan price
$1,570

The formula

  • Status hours = clients × updates × minutes ÷ 60 × 4.33
  • Status cost = status hours × hourly rate
  • Share of revenue = status cost ÷ (clients × retainer)
  • Money back = status cost × your share
  • Net = money back − plan price
  • Break-even share = plan price ÷ status cost

4.33 is 52 weeks ÷ 12 months.

Sources

Plan prices come from our pricing page, monthly billing. Everything else is what you type. We ran no study, so the starting values are placeholders, not benchmarks.

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