Why Time Tracking on Projects is Important?

When it comes to time, it always flies. But remember, you are the responsible for your time. You either manage it or waste it. 

When you start a project, the most important task is to formulate a plan. A good plan will always keep time as a driving factor. And when it comes to project management, tracking time will tell you how productive, efficient, and successful the project has been. It also shows how profitable an individual has been. 

Well, this is just the start. There are many other benefits of time tracking on projects. Such as:

1. Categorizing Tasks:

A project requires both essential and non-essential tasks. With the proper time tracking tools, you would see on the dashboard how much time your team is spending on a particular project. Time is limited, and utilizing it in its best way must be your priority. And when you do this, you will categorize which tasks are essential presently and which are not. Project managers always get imminent and time-taking activities done first. So by the time Friday comes, you will leave for home early and enjoy your weekend in a relaxed mindset. 

2. Succeeding Profits and Achieving Goals:

When you track time, then you strategize your work accordingly. To meet deadlines, you increase your pace. By the end of the day, you accomplish your desired goals. By doing this, you create a balance and contribute to the success of a project. 

With this, you also determine profits. For example, you have a client who pays you on a project basis. But if a client pays you on an hourly basis, then you need to keep track of the time. You wouldn’t want your efforts to go to waste. Right?

3. Smooth Functioning of Daily Routines:

If you wish to end procrastination at your workplace, then this is your solution. When the day starts, the confusion begins. Half a day goes by in deciding what tasks your team members should perform. If you wish to smoothen out coordination, then time tracking will be your new best mate. Each day the team will know what they are required to do. In advance, they will know how much time is left for that work. It will result in smooth functioning.

4. Convenient Reporting:

Thanks to advanced project management software, making reports is a cakewalk. Daily, weekly and monthly tasks are all recorded with the amount of time used. Project leaders will also get to see which employee has been fruitful. They will understand the growth of the project and will see the efforts behind the success. 

Get your efforts recognized by the higher authorities. You will get the credit you deserve. Sometimes company leaders give bonuses and perks to their best employees. Time tracking on projects will determine that.

5. Client Satisfaction and Respectable Feedbacks:

When you meet deadlines and complete work with efficiency, then the client notices that. Anyone can do a task when given a lot of time. The challenge arises when the given time frame given is less. When you deliver quality work, then the client leaves with satisfaction. He probably will talk about your work with more potential clients. The goodwill of a company is beneficial. Word of the mouth is the best feedback to expect. With project management software, you can meet ends.   

Our features include resource planning, program management, timesheets, cross-charge, supply v. demand, and project finance planning. Here at Connect Plans 360, you can adapt at any scale. We aspire to be a one-stop solution for your daily activities. And that is why our software is easy to learn and get used to. 

Now that you have read all the benefits and importance of time tracking, request a trial with us today!

By- CP360TEAM