IN THIS ARTICLE

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

CONTENTS

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.

<aside> 🎉 With dynamic time periods, you can manage role costs as annual salaries, and let Estii calculate the hourly (or daily) pricing automatically.

For example, $100K / year with a default margin of 50% is automatically priced at $83 / hour (or $667 / day )

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