time dynamics
Photo by Riccardo Annandale on Unsplash
For most entrepreneurs, building their business is their passion but constructing a credible, investor-grade business plan is not.
Any investors must assess not only the idea, but execution risk, capital efficiency, and the path to the Return On Investment ROI.
Chronograph provides, through a web-browser, not only the ability to assemble a realistic preliminary time plan, but also to derive a corresponding cash-flow forecast to form the basis of a viable business plan. This gives investors clear visibility into capital deployment, burn profile, task execution, and the relationship between time, spend, and value creation.
Chronograph is an indispensable tool supporting entrepreneurs and investors alike towards success.
Photo from Kanagawa Institute of Technology
During execution, Chronograph's clear planning and tracking mean progress or lack of it can be clearly managed.
Chronograph allows easy time tracking, with just a few mouse clicks, so you can see exactly what happened and everyone can more easily plain their own time towards the project objectives.
Chronograph allows plans to evolve within set limits, allowing the enterprise to adapt to changing conditions or unexpected surprises while keeping stakeholders visually well informed "on the fly". Reviews become natural rather than painful.
Photo by National Cancer Institute on Unsplash
With integrated temporal and financial tracking, expected Return On Investment (ROI) and performance are visible throughout the project. Clear tracking allows detailed analysis of successes and failures in a way that directly informs future investment decisions.
Chronograph requires less time than many planning and tracking tools because it is sufficiently integrated and powerful for serious financial analysis based on actual task performance.
Part of a biological research program
The image shows a part of the Chronograph chart for a study titled "Study of potential antimicrobial targets for peptide inhibitors". This is a fictional example with double entry style accounting. Note how on the right, the top number in the Balance column is £0 showing the accounts balance. ( Click here for a larger image in a separate tab.)
The principal investigator has allocated 160 hours over the time frame of one year for - Conception of the project, Project inspiration, Early concept development and Funding proposal preparation. When in the year these will be done is flexible and indeed the principal investigator may decide during this phase whether the project should go ahead or not.
To see the complete chart and and how it works to generate the different accounts. Please contact us. Details are at the bottom of this page.
If you would like to understand more, or would like to see some other examples related to your industry, or would like to see how we can help you plan and track your own projects, then please contact us. Details are at the bottom of this page.
