Time Tracking

Time tracking is the process of recording the amount of time that is spent on specific activities or tasks. This can be done for a variety of purposes, such as to measure the productivity of employees, to track the amount of time that is being spent on different projects or tasks, and to allocate budget more effectively.

Time tracking can be an important tool for businesses to better understand how time is being used and to identify ways to improve efficiency. It identifies inefficiencies and optimizes workflows within a team or an organization. 

You can identify bottlenecks, assess whether resources are being used effectively, and determine if staffing levels align with project demands by monitoring how time is spent. This insight helps prevent overstaffing, underutilization, and other costly inefficiencies. Time tracking can also be used to track billable hours for clients or for better resource allocation in projects. 

Best practices

• Make sure all team members understand how to track their time accurately, including how to log their time, how to record breaks and vacation time, and how to track time spent on different tasks or projects.

• Choose a time tracking tool or method that works for your team and stick with it. This could be a spreadsheet, or a dedicated time tracking tool.

• Remind team members to track their time on a daily or weekly basis, rather than waiting until the end of the month to log all of their hours. 

• Periodically review tracked time to ensure that it is accurate and complete. This can help identify any discrepancies.

• Use tracked time to better understand the duration of tasks and projects.. This can help in enhancing future project planning, improve project efficiency and reduce the risk of overloading team members with too much work.

Here’s how Rocketlane can help you with tracking time.

Try our free timesheet calculator here.