Tern Money · Fixed fee · led by Omar Haddad · ends 22 Jan 2027
Budgeting app sprint
- Fee
- $64,000
- Earned so far
- $25,600
- 40% done
- Cost so far
- $19,018
- 220 h logged
- Margin so far
- $6,582
- Margin at finish
- 25.7%
- $16,455
Cost so far $19,018Forecast at finish $47,545Budget $41,600 (65% of fee)Fee $64,000
Hours and cost by person
| Person | October | All time | Loaded rate | Cost |
|---|---|---|---|---|
| Kofi MensahUX researcher | 50 h | 60 h | $78/h | $4,680 |
| Omar HaddadLead product designer | 32 h | 38 h | $92/h | $3,496 |
| Marcus LindqvistPartner, strategy | 18 h | 22 h | $150/h | $3,300 |
| Tessa MorganWriter (3 days a week) | 29 h | 35 h | $80/h | $2,800 |
| Ethan WalshProduct designer | 28 h | 34 h | $72/h | $2,448 |
| Jonah PriceStrategist | 26 h | 31 h | $74/h | $2,294 |
| Total | 183 h | 220 h | $19,018 |
Log time to this project
Adds to the person's utilisation and to this project's cost.
- Hours to finish at this burn
- 330 h
- Cost to finish
- $28,527
- Budget left (65% of fee)
- $22,582
Invoices
Billed $25,600, paid $0, outstanding $25,600. Tern Money pays 24 days late on average; next payment expected around 15 Nov.
| Number | For | Status | Amount | Action |
|---|---|---|---|---|
| INV-2355 | Sprint deposit | Due 22 Oct 2026 | $25,600 | |
| Not yet | Sprint close-outFinal invoice: whatever is left of the fee | Scheduled for 22 Jan 2027 | $38,400 |