Projects and their contents are the key component of your Drum account. In the below videos, we'll explain how to create and manage your projects in your Drum account.
The time tracking videos for Drum are in the next page, rather than below, as they deserve their own documentation.
Creating a new Project from the Dashboard
In Drum, you can create a new project from a successful proposal or from the project dashboard. In the video below, we cover how to create a project from the dashboard.
Creating a new Project from a Proposal
Once a client accepts your proposal, there's a very simple way of converting that to an active project in Drum.
Tracking costs against a project
Whether it's travel costs, sub-contractors or any other expenses that you occur against a project, you can easily track those in Drum.
Managing project variations
Any budget variations after the "original" contract value can be tracked as a variation in Drum. It's a great way of seeing how a project has changed over time and ensuring that only active concepts are being shown on your projects.
Cost-to-complete estimates for projects
An optional Drum feature is "cost-to-complete estimates" for your projects.
These allow you to estimate the actual completion of each of your project tasks to more accurately calculated your earned revenue per project and therefore your WIP.
Creating invoices for projects
Once connected to Xero or QuickBooks, you can start creating invoices via Drum. This video shows the process of creating a simple, non-progress claim invoice based on time and expenses allocated to a project.