What Is NetSuite Project Management?
- NetSuite Project Management is a cloud-based project tracking solution integrated with NetSuite accounting that manages tasks, resources, budgets, and billing in a single system.
It provides Gantt charts showing task dependencies and critical path, resource allocation preventing overbooking across multiple projects, budget vs. actuals tracking comparing planned costs to real-time spending, and automated billing for time and materials, fixed bid interval, or milestone-based projects with time and expenses flowing directly to invoices.
This eliminates projects managed in Excel requiring manual data entry for billing, provides real-time visibility into project costs and profitability, and enables accurate tracking with staff entering time directly to project tasks.
NetSuite Project Management Features
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Create project tasks with parent-child relationships organizing work phases. Define task dependencies (finish-to-start, start-to-start). Gantt chart visualizes schedule and critical path. Milestones mark key deliverables without hour estimates.
Assign employees and vendors to project tasks with estimated hours. Resource allocation chart shows workload across all projects preventing overbooking. Automatic end date calculation based on resource availability and work calendar.
Set revenue and cost budgets by category (labor, materials, overhead). Real-time comparison of actual spending to planned budget. Alerts for budget thresholds. Monitor gross profit percentage throughout project.
Create reusable templates for recurring project types with predefined tasks, budgets, billing schedules, approval workflows. Automatically assign project managers based on template criteria. Standardize project delivery across organization.
Staff enters time directly to project tasks. Expenses associate with projects automatically. Percent complete calculates based on actual work vs. planned work. Time and expense data flows to billing without manual entry.
Fixed bid interval billing charges predetermined amounts on regular schedule. Fixed bid milestone billing triggers invoices when milestones completed. Time and materials billing based on actual hours and expenses with configurable markup.
Custom interface for consultant role showing relevant KPIs and project functions. Home dashboard with quick access to assigned tasks, time entry, expenses. Simplified view focused on project work not administration.
Service items tagged to automatically create projects when sold. Sales orders generate projects with tasks, budgets, billing schedules from item configuration. Eliminates manual project setup for standard offerings.
How Much Does NetSuite Project Management Cost?
- NetSuite Project Management is a feature level within NetSuite Professional Services Automation, with SuiteProjects and SuiteProjects Pro (OpenAir) as the full module options.
But the real cost isn't the license.
It's the project manager hours updating Excel spreadsheets manually because NetSuite project tracking not used, the unbilled time and expenses when staff forgets which project tasks to charge to, the budget overruns discovered at project end instead of proactively during execution, and the lost profitability when actual project costs unknown until final invoice.
Why Choose Stockton10?
Challenges NetSuite Project Management Solves
- Projects managed outside NetSuite
- Poor visibility into project costs
- Manual project status updates
- Difficulty tracking project profitability
- Resource scheduling conflicts
- Inconsistent project delivery
Hear it from your peers
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NetSuite Project Management FAQs
Cloud-based project tracking solution integrated with NetSuite accounting enabling task management with Gantt visualization, resource allocation preventing overbooking, budget vs. actuals monitoring, and automated billing through time and materials, fixed bid interval, or milestone-based schedules.
Yes. Set revenue and cost budgets by category (labor, materials, overhead). Budget vs. actuals reports compare planned spending to actual costs in real-time. Configure alerts for budget threshold violations. Monitor gross profit percentage throughout project lifecycle.
Staff enters time on timesheets selecting project and specific project task. Time automatically associates with project for cost tracking. For time and materials projects, billable time flows to invoices automatically. Percent complete calculates based on actual vs. planned hours.
Create project record from template or manually. Add project tasks with dependencies and resource assignments. Staff enters time and expenses to project tasks. Monitor budget vs. actuals and percent complete. Generate estimates and sales orders from project. Bill based on project schedule type.
Project Management is feature level providing basic project tracking within NetSuite. SuiteProjects is add-on module with enhanced capabilities including resource planning, advanced billing, and project templates. SuiteProjects Pro (OpenAir) provides enterprise project portfolio management.
Yes. We implement Project Management with simplified workflows PMs actually use, configured task dependencies enabling meaningful Gantt charts, implemented resource workload management preventing overbooking, trained project managers on budget monitoring, aligned milestone configuration with contracts, and enforced task-level time entry for accurate cost tracking.
Are Projects Actually Tracked in NetSuite?
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