Project Time Sheet: A Management Productivity Tool

2008-05-26 15:04:06

( Computers )



Whether a project is billed on hourly, retainer or flat fee rate basis, you would want to know the exact amount of time that your staff members are spending on each project. While keeping track of time of a project on an hourly basis makes sure that you get paid for the work you have done, it is also useful to learn the exact time you consume for flat fee rate based projects. To determine billable and non-billable time, make sure that you have project time sheet software, which supports most operating system and databases, properly installed in your system.

Although it is possible to do each project time tracking manually, you would not want to consume a large part of your day writing down the time when you start and finish the project. Project time sheets are management tools that help ensure project team members are not so hard-pressed and the project estimates are within reach.

Several time tracking applications are on the market. If you want to look for a good time tracking system, then find one which allows your users not only to keep a record of the time that they work on a certain project, but also to follow the arrival and departure of workers. In addition, the project time sheet must be able to keep project time lines up-to-date, and is compatible with some payroll software to make it easier to swap paycheck information.

Project time sheet software may include features such as the ability to track project overtime which can be very useful to identify projects that produce and require more overtime than initially planned. You will also get a detailed report on the project overtime, which can be the basis on how much you are going to bill for a similar project in the future.


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