Understanding Burn Rate: A Crucial Metric for Project Success and Budgeting

Burn rate is more than just a financial term—it’s a vital metric for tracking project health, controlling costs, and ensuring timely delivery. This article explores how project managers can monitor and manage burn rate effectively to stay within budget, avoid overruns, and drive successful project outcomes.
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Burn Rate: What Every Project Manager Needs to Know
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Burn Rate: What Every Project Manager Needs to Know

One thing that often gets neglected by operationalizing projects smoothly is Burn Rate. Depending upon the size of the team.