Friday 25 November 2016

The Good and the Evil of Time Tracking

Time tracking is used to track the time so that we can know what type of work we have done in that particular hour or incomplete day. Which helps to calculate that how useful we have used time and how much we have wasted. Time is the most value able if it is gone once, it will never come back. But still there are people who don’t value time at all and they have to face many consequences of not valuing your time.  Like many times we got the project and we think that we will complete it slowly or we will do that later or at the end of deadline time. But when deadline finishes and you are not able to finish your project, then you realize that, might I have done this work at that point when I have wasted my time on unwanted things this is the value of time that we don’t realize at present but regret later. But time tracker helps you to record your each work and gives you the notification if you are going wrong or if your deadline is coming near but work is still pending this helps you to analyze and use your time in a correct way and properly utilize it. Everything  has its own pros and cons same goes with time tracker some feels beneficial some not.

 Like an example, There was the person in the company who sells things online to earn extra for his studies so he works from 7 in the morning till 3 pm in the afternoon just fill his requirement and side by side he used to work in the office and do their work too. But by implementing time tracker in his office, he was a complete trap and was not able to sell his things online as everything was recorded so was doing only office work that reduces his own business and then he was not able to gather enough funds for studies. But in the other hand company getting profit by knowing the employees exact working hours and they are providing salary accordingly this reduces their over cost to their employee. 

Projects of Future’s Past

The most important benefit of time tracker is having the accurate cost of the project. Many IT company runs over time and budget and delivers only 50% of their value incurred which the loss to the company, but this can be avoided if you are using proper time and project tracker and then you can see the difference.  If you are properly tracking any previous project, then that can help you in the future project and its cost. This will help to reduce the risk of the over cost in the budget.  Example like If your company does the same kind of project then and you have completed dozens of projects, then you can use the data and work for the future project and can improve the future project from previous mistake this the biggest benefits of time tracking

We Can Build It, We Have the Technology

Proper time tracking is the biggest benefits for resource allocation sometimes we get a customer who is very irritated with service and give wrong, blame to the company by time tracker and the resources we have by that we can justify you in a good manner and clear the doubt of the customer.  Resource allocation gives proper support.

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