Fixed Price: Profit = Revenue - Costs (taken from participant/resource and expenses)
Set Fixed-price Project Budgeting Method (by Fees):
- Navigate to the Projects tab.
- Select the + icon to create a new project.
- Fill out the project details, specifying Select Budget Type to 'Fees' (A) and hit Create.
- Navigate to the Project details, and click the Update Project icon (B).
- Select Budget Method - set to Fixed Price (C).
- Enter in a value for Revenue (D).
- Add resources to the project (E). The profit calculations will update (F).
- Scroll to the bottom, and click Update to save your budget data.