Working with time periods

IN THIS ARTICLE

Convert between different time units such as work days and work hours with rate periods

Overview

Estii allows users to control, estimate and convert between different time units such as work days and work hours.

  • The default rate period is used to price rate cards (either days or hours). It can be managed from the global card settings on the roles page.
  • Estimates and role costs default to the rate period, however you can use any of the following time periods: hours, days, weeks, sprints, months or years.
  • When you set a time period, Estii automatically calculates the total effort/price in the default rate period (so you can compare the cost and effort of features and tasks).
  • When you change the period, Estii automatically converts the value to the new scale (e.g. 1K/day will update to $125/hour)
  • If you change the default rate period, all values using the default period will automatically recalculate to the new rate period.

Rate (card) period

The rate period controls the pricing period for roles, the default cost period for roles, and the default period used to calculate estimates inside of deals.

  • Choose the default rate period during setup (hours or days). Default is days.
  • Change the default rate period from the global rate card settings
  • Set a cost period per role (in any time period), and Estii will automatically calculate the price in the rate period.

Time period settings

Under the hood Estii stores all costs and estimates in work hours, and calculate the rate periods using the following ratios:

  • 8 hours per day
  • 5 days per week (40 hours)
  • 2 weeks per sprint (80 hours)
  • 4 weeks per month (160 hours)
  • 48 weeks per year (1920 hours)