Add up a timesheet in seconds with our free calculator.Open the calculator
TimeTracker

Fixed-bid project profits collapse due to high hours

The problem

Fixed-bid project profits collapse due to high hours

Without tracking labor costs against fixed fees, hours creep up. Profitable projects turn into losses, draining business revenue.

Sound familiar?

Signs this is happening on your team

  • Fixed-fee projects consistently run over budgets
  • No visibility into the real margin of fixed work
  • Labor costs exceed client fees

Popular features

Project Management

Keep projects on track and in budget

Define project phases, set budget caps, and track work progress in real-time. See margins and utilization without building reports manually.

Explore Project Management
FAQ

Frequently asked questions

Why does fixed bid margin erosion keep happening?
Without tracking labor costs against fixed fees, hours creep up. Profitable projects turn into losses, draining business revenue.
How does TimeTracker fix it?
Your team logs time by client, project, and task as they work. That keeps the record accurate, so the problem stops repeating.
Is it free to try?
Yes. You can start for free with no credit card. Set up TimeTracker in minutes and see the fix for yourself.
Project manager holding a project plan in front of a whiteboard while the team meets

Put an end to this problem

Set up TimeTracker in minutes and stop fixed bid margin erosion for good. Track hours by client and project, so your numbers are always right.

Start free