Tracking Time On Projects: Why It Is Important

Tracking Time on Projects: Why It Is Important

Tracking time, time tracking, project tracking

Tracking time on projects gives you more reasons to survive as a freelance worker. You can meet deadlines, gain more billable hours, be more profitable and several more reasons to think of.

As a freelance worker, it is not easy to manage your time on your commitments. But you know you have to. Tracking time on projects is very important for so many reasons. Here are some of them.

1. Meeting deadlines

Because you are always on track of your time, there is no way you can forget the tasks that you have to work on. As you write your activities for the day, complement it with your target time of completion. In this process, you are more driven to do it. Therefore, you are able to meet your submission deadlines.

2. Achieving more billable hours

If you are used to monitoring your time while working on your projects, you will be able to achieve more billable hours. You will not waste a single minute doing things unnecessary for your profession.

3. Learning the sense of responsibility

Responsibility comes with spending sufficient time for you to complete your assignment. As you keep on tracking time on projects, you are basically practicing a sense of responsibility. This is because you know that you have a client to satisfy and a commitment to fulfill. This is also because you have a profession to protect and a family to provide for.

4. Gaining better financial security

As you perform task with scheduled time, you are able to accomplish more projects. You are also able to accept new clients. For this reason, you are widening your opportunity to earn more. If you profit more, you are giving yourself, as well as your family, the chance to a better financial security.

5. Pricing effectively

As you can clearly identify the number of hours that you spend for one project, you can also price it effectively. You will know how much rate you deserve. You will have the confidence to ask for this particular rate to your clients. It will then be easy for you to accept or reject offers.

6. Building integrity

Your clients know they can count on you. This is simply because you are sending completed projects on time and even earlier. For this reason, your name comes to mind whenever they need new assignments to accomplish. This only validates that you have earned their trust. You have built integrity for yourself.

Tracking time on projects comes with several benefits to freelance workers like you. The ones mentioned above are only some of them. You will discover more as you make this one a habit.

by: April Barredo

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