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Work-in-Progress (WIP)

Work-in-Progress (WIP)

Work-in-Progress (WIP) is the value of construction work that has been started but not yet completed or billed.

Monitoring WIP is important for financial management, accounting, and assessing project status to ensure profitability and cash flow.

Knowing your numbers is what separates contractors who grow from those who don’t. Projul’s reporting features turn your project data into actionable insights.