“Time is more valuable than money. You can get more money, but you cannot get more time.” - Jim Rohn.
Take a moment, think deeply about that statement. Almost all spend their lives searching for ways to earn surplus money, but hardly ever, we think about time and its importance, it’s a limited resource!
We all have the same time available that is, 24 hours per day. You can neither store time or borrow it, nor save for later use. You can only decide how to utilize or allocate it, spend it on activities of higherrather than lower values.
When you understand the importance of time, you will also understand the importance of managing your time. Time management is all about a game of choices-projects to pursue, tasks to complete, outcomes to deliver.
Why Time Tracking is important in Project Management?
Time tracking is extremely important to manage your operations profitably. If a team works on an hourly basis, time tracking helps in adjusting the rate of work. This way, your team can ensure fair payments for the quality and amount of work delivered.
Take a moment, think deeply about that statement. Almost all spend their lives searching for ways to earn surplus money, but hardly ever, we think about time and its importance, it’s a limited resource!
We all have the same time available that is, 24 hours per day. You can neither store time or borrow it, nor save for later use. You can only decide how to utilize or allocate it, spend it on activities of higherrather than lower values.
When you understand the importance of time, you will also understand the importance of managing your time. Time management is all about a game of choices-projects to pursue, tasks to complete, outcomes to deliver.
Why Time Tracking is important in Project Management?
Time tracking is extremely important to manage your operations profitably. If a team works on an hourly basis, time tracking helps in adjusting the rate of work. This way, your team can ensure fair payments for the quality and amount of work delivered.
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