Task Decomposition
It is well known that breaking down your project to smaller task items leads to more accurate estimates and better project management. With estimates, it is hard to understand all the work involved when your tasks are large leading to overly optimistic estimates (and late projects). Small tasks are easier to fully understand and consequently more accurate estimates.
When managing projects, a large task can be out of control long before you know it - too late to save your project and reputation. Problems with a large task will not be a concern until it goes over budget - possibly weeks or months after task initiation. Problems with a small task will show up much sooner and provide time to react.
This is why project management software provides a detailed work breakdown structure. It is difficult, if not impossible to effectively manage a project without it. But because most time tracking software is designed for accounting and billing - they do not track at a detailed level and thus increase the project overhead to monitor project status.
One of the features of Timeless Time & Expense that many customers overlook is the ability to customize the work item hierarchy to suit their needs. Extending the work item hierarchy with your custom levels provides the breakdown to accurately track and estimate work tailored to your environment.
This offers a perfect balance between the limited client-project-task hierarchy of most time tracking software and the unlimited un-named hierarchy of project management software. The detail level provides tracking for project management and the ability to summarize information provides the high level data for accounting and billing.
When managing projects, a large task can be out of control long before you know it - too late to save your project and reputation. Problems with a large task will not be a concern until it goes over budget - possibly weeks or months after task initiation. Problems with a small task will show up much sooner and provide time to react.
This is why project management software provides a detailed work breakdown structure. It is difficult, if not impossible to effectively manage a project without it. But because most time tracking software is designed for accounting and billing - they do not track at a detailed level and thus increase the project overhead to monitor project status.
One of the features of Timeless Time & Expense that many customers overlook is the ability to customize the work item hierarchy to suit their needs. Extending the work item hierarchy with your custom levels provides the breakdown to accurately track and estimate work tailored to your environment.
This offers a perfect balance between the limited client-project-task hierarchy of most time tracking software and the unlimited un-named hierarchy of project management software. The detail level provides tracking for project management and the ability to summarize information provides the high level data for accounting and billing.
Labels: detailed time tracking, project management, project tracking
