Time Tracking Software Tools and Project Management

Project tracking, which consists of time management and cost tracking, is extremely important for successful management of project. Time tracking is especially significant, because cost often depends on time spent. Time tracking may be combined with to-do list functionality in a very convenient manner. First a project manager creates a task list and assigns certain jobs to employees indicating estimated time for each task fulfilling and the dates when the task should be started and finished.

Every employee gets individual task list and starts performing the tasks. When the task is started, it should be marked as "in progress". When it is fulfilled, the employee marks it as "done" and indicates how much time it has taken in fact. Thus, the employee is able to report the progress without giving up work.

Project tracking software provides a project manager with ample opportunities of workflow monitoring, measuring the tasks and applying correctives. It also helps project manager to assess project results and profitability after project delivery.

VIP Task Manager is a powerful tool, which is extremely useful both for project manager and employees on all project stages.