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                5 min read

                Introducing CostGuard: Taking Control of Project Budgets in Jira

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                Why We Built CostGuard for Jiracostguard-bdq-products-600x600

                Jira excels at organizing tasks and workflows, but when it comes to managing project finances, the gap between story points or hours and actual monetary costs can lead to confusion. We built CostGuard to bridge that gap—giving teams a straightforward way to plan, track, and report on budgets directly inside Jira.

                 

                Why Jira Users Need CostGuard

                • Granular vs. High-Level Costs: Jira can handle time estimates, but they don’t always translate well to real monetary spending—especially when multiple teams, vendors, and types of costs are involved.

                • Scattered Financial Data: Without a dedicated budgeting tool, project managers often juggle external spreadsheets or rely on guesswork to track spending against forecast.

                • Lack of Visual Budget Health: It’s easy to miss warning signs when costs overrun if you can’t see clear indicators inside your daily project management tool.

                 

                Our Vision for CostGuard

                We named our app CostGuard because it’s designed to “guard” your project finances by providing:

                1. Clear Budget Setting: Estimate your upcoming needs in terms of man days, sprint weeks, AWS usage blocks—whatever your organization uses.

                2. Real-Time Cost Tracking: Capture actual spend inside Jira, so you always know how close you are to the limits you’ve set.

                3. Proactive Alerts & Visual Indicators: Color-coded statuses highlight when a project is at risk of going over budget—so you can take action before it happens.

                4. Adoption Without Disruption: We believe budgeting shouldn’t require an overhaul of your Jira processes. CostGuard integrates seamlessly, allowing you to track costs at any level in your project hierarchy.

                 

                How CostGuard Adds Value

                • Customizable to Your Teams: Whether you’re a software development shop, a marketing agency, or an IT department, choose units that match how your team thinks about resource usage.

                • Holistic Picture of Project Health: Get a complete overview of your project’s status—tasks, timelines, and financials—in one place.

                • Simple Yet Powerful: We strive for clarity. No need to jump between multiple systems or spreadsheets to keep budgets on track.

                 

                App Screenshots

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                Going Forward

                Our mission is to help teams feel confident in their spending choices, without adding administrative burdens. With CostGuard, you’ll spend less time worrying about budget surprises and more time delivering great work.

                 

                Ready to learn more?

                Visit our Atlassian Marketplace listing for more details or if you have any questions, you can contact us using the form on our Product Webpage. We’re excited to help you guard your costs and keep your projects on track!