These tools are more high-level than dedicated time- or task-tracking applications, which only track one of two things: the hours accrued by employees, or the progression of tasks. This saves time managers would otherwise spend tracking down status updates and collating that information into progress reports. Tracking systems are designed to improve efficiency by automating the data-capture process. Managers then use this data to report back to stakeholders on the overall health of the project. Project tracking tools allow managers to compare actual project metrics-such as costs, schedules and personnel-to estimates established during the planning phase. In it, we’ll cover:Ĭommon Functionality of Project Tracking Software We’ve created this Buyer’s Guide to help you understand project tracking systems and how they fit into the larger project management software market. Managers use project tracking tools to maintain a bird’s-eye view of project progress, track key performance metrics and report back to stakeholders. That’s where project tracking software comes in. ![]() What’s more, managers must keep internal and external stakeholders up to date on the progress made against initial baselines set for the project’s scope, budget and timeline. ![]() ![]() Once a project is underway, it’s essential for managers to monitor work and keep teams on track to meet deadlines.
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