Using Timesheets for Better Estimating

What’s the value in using Timesheets? Contributor Laura Nee, Simplex President/CEO shares her insight.

One of the biggest challenges on a project is accurately planning the amount of time it’s going to take for someone to complete a task. By nature, people tend to think, optimistically, that they can get a task done sooner than is really possible. When building an estimate myself, I’ll ask my team how long it will take to complete a task, and then double it!  Estimating is difficult. What can help is using a project management system the way it’s designed–for tracking how long it actually takes someone to complete a task, comparing it to what was planned, and then revising your template so that the next time you plan a similar task, you are using a helpful estimate. (more…)