![]() ![]() If you foresee a possible delay in project delivery, you can: When you track progress on a daily, weekly or monthly basis, you know whether milestones are being met or not. ![]() ![]() When done right, project tracking empowers your team to: The goal is to make corrective actions as soon as you spot deviations (or occurrences that may lead to deviations) so the team stays on track. Project tracking is the process of monitoring a project’s progress against the original project plan. Each affects the other, and it’s the project manager’s duty to ensure the project goes according to plan. Additionally, of those that undervalue the significance of sound project management, 67% see their projects failing outright.Įvery project involves several moving parts, including people, timelines, budgets, acceptance criteria, risks and stakeholder satisfaction. With progress tracking, you can anticipate problems and take the necessary steps to steer a project back on course.Īccording to the Project Management Institute’s 2020 “Pulse of the Profession,” on average, organizations waste 11.4% of their total investments because of poor project performance. ![]()
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