Project Time Tracking Template

company-project-management-timesheet-tracking-by-weekly-sample-template Project Management Project Time Tracking Template

Christin Maur November 28, 2020 Project Management

Managers plan, execute and monitor all components of a project. They usually need tools to assist them in completing and delivering the project efficiently. Companies rely on key tools in the project management process to ensure that each task is handled satisfactorily. Project management tools are a necessity in any organization. They help keep track of all the aspects of a project to ensure it is completed on time and within allocated budget. With proper management of a project, a desired outcome is produced in a timely and cost-effective manner. And a good project management tool, whether it is a desktop or web-based solution, helps to accomplish this objective. It will define the project`s tasks, costs, scope, schedules and team members.

A methodology guides an organization or an individual from start to finish. A project management methodology probes deep in the various steps of the project management life cycle. It is a checklist of tasks to be performed in the various steps of the plan. The project management methodology gives the manager a definite control over the scheme, allowing him or her to maneuver the team toward the destination called success. A project without a methodology would be a train running without tracks. It further allows the project manager to standardize the protocols of a plan, thereby providing a general structure of the steps, which can be followed in all other future projects.

Projects tend to slip for two reasons. Either Project Managers do not account for derivative activities such as vacation days when planning the overall project schedule, or they simply succumb to the pressure from management to compress the schedule. Now, present this schedule to the management team, and 8 times out of 10, the feedback you will get is "that`s too late". Eight times out of ten, you will be asked to revise the schedule and shorten it.

Then you bring in your techies to ask them to prepare a project scope document along with a report, in which the specific technologies and the steps to carry out the plan are decided. The scope and the feasibility of it are studied and a decision on whether to take it up or to pass on the offer is made. This official document contains everything from primary goals of the scheme to the deliverables expected of it. Once the document is perused and the upper management gives it a green signal, the project is considered as taken!