Hourglass gives project managers full lifecycle visibility — from kick-off to closeout — with live budget tracking, RAG health scores and team assignment all in one place.
Start for freeThey happen week by week, as hours creep over budget and no one has a system that flags it early. By the time a PM notices, the damage is done. Hourglass makes delivery risk visible before it becomes a conversation with the client.
Active, planning, on hold, completed — every project has a clear status visible across the platform and all reports.
Red, amber, green budget health based on real spend vs budget. Spot at-risk projects before they become write-offs.
Track budget consumption in real time against every project. Compare planned hours to actuals and understand burn rate.
A single view of all active projects: status, budget health, team assigned, hours logged and delivery progress.
Compare planned vs actual across multiple weeks. Surface projects consistently over-consuming budget before the client notices.
See exactly who is assigned to each project, how many hours are planned, and how many have been logged.
How do professional services firms prevent project overruns?
With live budget tracking and RAG health scores. Hourglass flags projects burning budget too fast — giving PMs the information to intervene, not just a post-mortem report.
What is a RAG status in project management?
RAG stands for Red, Amber, Green — a traffic light system for project health. In Hourglass, RAG is calculated from budget consumption: green means on track, amber means approaching limit, red means budget exceeded or delivery at risk.
How do agencies get better delivery visibility?
By connecting time tracking to project budgets in real time. When every logged hour updates budget burn automatically, project managers always have an accurate picture of where delivery stands — not a stale spreadsheet.
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