Businesses are being run by remote teams due to the Covid-19 outbreak today. And all such organizations whose billing is dependent on time sheets, time tracking is a must.
Consulting firms, professional services, marketing and digital agencies all get paid for exchange of skilled labour time.
Accurate time tracking is crucial for organizations to build trust and bill their clients with confidence.
Time tracking is a great way to
· generate reports of your team’s efforts
· monitor task progress
· assess if your team is aligned with the customer deadlines
· increase visibility of your billable works
· understand your team’s utilization and productivity rates
Read on to see, how project, delivery & resource managers can collaborate with their team to maintain productivity and profitability of their projects with optimum time management practices.
Identify repetitive Project Tasks
Every project has quite some degree of repetitive tasks. As a project manager, you must assess how many of such tasks are considered billable. Next, estimate them as accurately as possible.