From start to finish and beyond - leading projects to success in a controlled manner

Project time tracking is essential for companies to manage projects efficiently and transparently in terms of costs. Without clear data on working hours and resources, it is difficult to track the actual progress and effort of individual projects. This can lead to delays, unnecessary costs and overloaded teams. Professional project time tracking provides precise insights into the use of manpower and time budgets, enables well-founded resource planning and facilitates evaluation and billing. Companies also benefit from optimized processes and higher productivity, as the transparent data enables them to identify bottlenecks at an early stage and deploy resources in a targeted manner. A modern solution therefore increases project quality and competitiveness.

When recording project time, various pieces of information should be documented to ensure a comprehensive and clear overview. Firstly, it is important to accurately record the working hours and the respective date so that the hours spent per day can be tracked. In addition, each recorded time should be assigned to a specific project and a concrete task or phase in order to precisely define the work area. The documentation of employees and the respective department helps to control and optimize the use of resources. Assignment to cost centers and budgets is also crucial to ensure precise cost control. Supplementary notes on the progress or status of a task provide additional context that facilitates planning and creates transparency for the entire team. These aspects of project time tracking create the basis for sound analysis and reliable billing.

The larger the team and the greater the complexity of a project, the more confusing project time recording with spreadsheet solutions such as Excel becomes. Here, every data entry is done manually, which is not only time-consuming but also extremely error-prone - especially in the case of repeated adjustments or extensive projects. The risk of inconsistencies increases if several people are working on the same file or different versions are in circulation. In addition, Excel and the like lack functions for automating modern solutions, such as direct integration into payroll accounting, cost center management or project management tools. Real-time insights into project progress or current workloads are often not possible, which means that transparency and efficiency suffer. Data security is also limited, as Excel offers no special security precautions or authorization functions for larger companies. A professional project time tracking solution provides a remedy here and supports reliable, flexible and efficient project management.