Make your billable hours count
You all must have come across the saying that “Time is Money”. Money is the most resourceful thing in our life but without proper utilisation of time, we can only have it in limited quantities or in the worst case, we cannot have it at all. Unlike money, time once gone never comes back. Our goal is to utilise our time in the most effective and efficient manner in order to achieve success for the organisation.
Therefore, with the help of a timesheet, provided by Whizible in its integrated software product, you can achieve this goal with no added efforts.
A Timesheet is an automated tool in the form of a table in project management. For some organisations, it is the heart of the system for any particular commercial. With the presence of a timesheet in project management the assignment of duties, roles and responsibilities, work hours etc. of all the employees can be clearly accessible to the respective resource manager. Timesheet enables a resource (a person who is assigned the work and is accountable to the project manager or resource manager) to effectively utilise the available resources and acknowledge the status of self. official zlibrary domain zlib . Find free books
Let’s look at a few benefits of the timesheet to the project managers and employees.
BENEFITS TO PROJECT MANAGERS:
- DIVISIBILITY OF WORK: There are an end number of employees under a project manager and keeping a track of each individual can be very time consuming for the manager. With the help of a timesheet, the workload can be easily distributed to the employees with utmost availability and the manager can clearly view the tasks and activities assigned to an employee in just one place.
- MONITORS THE PERFORMANCE: Timesheet records all the valuable information relating to each task. It records information like work hours assigned, delays in deliverables, any uncertainties that arise during a task, absence of an employee etc. and thus helps in compensating for the delays and meeting the planned deadline.
- COST AND TIME ESTIMATION: Timesheet is the best tool to manage cost and time spent over a project. Each element is analysed on the basis of time spent and planned, therefore helping in analysing the efficiency of work and leading to the success of a project.
BENEFITS TO EMPLOYEES:
- ANALYSIS OF PERFORMANCE: It is very important for the employees to keep a track of their performance. Timesheet helps the employees to know if they are ahead or behind in completion of a task. It also helps in analysing their upcoming work load therefore,helping the employees in planning the future course of action accordingly.
- ANTICIPATION OF DELAYS: With the help of a timesheet, the employee can analyse if he/she will be needing more time to complete a task than originally assigned and accordingly request their manager to increase the planned time. It then depends upon the manager whether he wants to approve the request or reject it. Therefore with the help of a timesheet, communication between different levels also becomes easy as everything is done under one roof using just one tool.
- EASY NAVIGATION: In a timesheet, all the projects and tasks are categorised separately under one roof which makes it very convenient for the resource to navigate through any particular project, check his/her performance, add tasks or sub-tasks and know the deadline for completion of that task. They can also directly communicate with the manager relating to any request.
The timesheet therefore carries a lot of importance in project management and makes it convenient for both the employee and the manager to keep a track of daily records and activities.
It helps in a better decision making process and provides ideas for improved efficiency and with the help of the time saved, the project managers and the resources can focus on more important subject matters.
