Three Reasons to Track Project Time

Time tracking, for the purposes of project management, is an overhead some companies are not willing to undertake.  (Read this as an exploitable mistake!)  We all know that some level of administrative overhead is necessary to maintain a healthy organization.  And some level of process or methodology is also necessary.  In this article, I’m suggesting that time tracking should be part of that process.

There are three primary reasons to track project time that apply to all organizations.  It matters nothing whether your company is a consultancy, manufacturer, government agency, non-profit, or otherwise.  Time tracking is valuable to all.  Here are the top three reasons to track project time.   1) Reduce budget overruns, 2) Prioritize projects, and 3) Learn your own business.

I’ll discuss these three project tracking benefits in detail.  Feel free to skip to the ones that interest you most.

1) Reduce Budget Overruns
Human beings are curiously bad with two things: time and money.  A huge number of cottage industries are built around helping people manage time and money.  Why?  Because almost every one of us does it badly.  Admit it… your bank account scrapes bottom almost every month.  And you’re late for at least one event per month.  That’s so easy to predict, I don’t even have to know you to feel confident in its reach.  Everyone suffers from the same poor time and financial accounting.

Unfortunately, we carry those same poor principles into our work life.  I’ll venture to guess that your boss, and his boss above him, is also a poor manager of his personal time and money.  Just because he’s a boss, doesn’t mean he’s any better at time management, or money management, than you are.  We’re all crap.

But if you’ll just subject yourself to a little time tracking discipline, you can avert the most common budget overruns.  It’s the low-hanging fruit you’ve heard so much about.  Just track the time you spend.  That time translates into salaries.  Now you know the project cost.  Don’t spend more than you take in.  Simple.

I know a great time tracking product for this.  It’s named Standard Time.  Click here for Timesheet and Time Tracking Software.  You can install this on everyone’s workstations, and start tracking project time.
You’ll see why it’s important in the next two reasons to track time.

2) Prioritize Projects
Instinctively, you know which projects are strategically important to your company.  You know which ones represent a strategic investment that will pay off big-time in the future.  Even the lowest employee knows that.  (Although it’s the company executives that should enforce the participation in such projects.)  So, are they doing that?  Are you doing that?  (Hint: if you’re a low or mid-level manager, here’s your chance to advance:  Talk “strategic projects” at every meeting.)

“Secondary projects” are nice to do when you’ve got time and money to burn.  Have you got time and money to burn?  If not, you must focus on the strategic projects.  They’re the only ones that make money and keep people employed.  And how, exactly, do you do that?  You track time to them!

Collect all your hours for every project you work on, and then run a report that shows you which projects are getting the most time.  You might be surprised!  Even better, categorized your projects as “strategic” and “non-strategic” and run the report again.  Which category is getting the most time?  Are you surprised yet?

If you’ve already downloaded Standard Time (see link above), you can get all these reports for free.

3) Learn Your Own Business
Last thing: learn your own business (LYOB).  It takes 2 -3 years to really learn a business.  You may have a good guess within your first six months of employment, but you won’t truly know it for another two years!  Tracking your project time chops a year off that.  Here’s why:

When you track time to company projects, you learn what makes them efficient, and what makes them inefficient.  You learn the gritty details because you see everything that goes into the work you do.  My advice: pour over the descriptions in every time log entered by every employee.  Submit yourself to the excruciating pain of studying these details.  You’ll perfectly hate it!

But even as you hate it, you’ll love it.  You’ll become an expert on your business and will soon have the information you need to make improvements.  Time tracking provides the information you need.

Best Time Tracking Program

Task Drivers

Microsoft Project as a simple method to find out which tasks are driving the ‘Start Date’ for a selected task. These are called “Task Drivers.” In other words, predecessor tasks that affect successor tasks.

Here’s how to find the task driver for a selected task:
    1. Click on any task that has predecessors
    2. Click in the “Track” menu button in the tool bar
    3. Choose “See what is driving the start date of a task”
    4. A panel appears at the left, showing the tasks that drive the selected on

 

 

Here, you can see that “Task 1a” drives “Task 2”, even though “Task 1b” is also a predecessor.  Task 1a is a “Task Driver” to Task 2.

Don’t be the DIA and BAE Baggage System

Remember the expense delays in opening the brand new Denver International Airport?  Many case studies have been done examining the intricate reasons for such a colossal failure on a grand scale.  DIA was to be the most efficient airport in the world, able to accommodate over 50 million passengers per year.  One of the key components was to have a fully automated baggage system…eliminating the tug and trolley system.  This would cut a planes turnaround time by 30 minutes and would be a key component in creating more efficiency with flights and passenger throughout.  The chief project manager, Walter Slinger had his heart set on this shining new system and romanticized about the notoriety the state of the art airport would bring to the city of Denver.  BAE also liked the idea of designing a system that would garner great attention and further their own reputation for building baggage systems.  Again, you could read many in depth case studies about the key decisions that led to the cascade of delays and failures.  However, I would summarize them in a single manner, tunnel vision.  Both parties fell in love with an idea and ignored many internal obvious warnings about the baggage systems feasibility.  The delays were numerous and cost billions of dollars.  In the end, after many attempts to partially use the automated baggage system, it was virtually scrapped for the more economical tug and trolley method.  We all know the old saying that our eyes are bigger than our stomachs?  If you’re a project manager, make sure your love of an idea isn’t greater than your team’s ability to design and implement the idea.  Don’t be afraid to change directions.  Otherwise, you may be the next DIA, which is still one heck of an airport!

Define: Work Contour

Work Contour: The distribution (or “shape”) of working hours over the duration of a task.

In Microsoft Project, working hours are not always spread across the duration of a task like peanut butter.  In other words, they don’t have to be evenly distributed.  They can front-loaded so that most of the work is performed at the beginning of the task.  Or, they could be back-loaded, to represent most of the work being performed at the end of the task.  In fact, there are several choices for the Work Contour.

 

Here they are:

  1. Flat
  2. Back-loaded
  3. Front-loaded
  4. Double peak
  5. Early peak
  6. Late peak
  7. Bell
  8. Turtle

 

The images below illustrate how to choose the Work Contour for each resource in each task.

First, choose View, Gantt Chart to create tasks and assign resources to them.  Then set the duration.

 

Next, choose View, Task Usage.  Insert the ‘Work Contour” column.  After choosing various contours for each resource, you will see an icon representing the distribution of hours across the task.  Notice how the front-loaded task has most of the hour distributed in the first few days while the back-loaded contour has them distributed at the final days.  Flat distribution is default.  It simply uses the resource schedule.

No Vacancy

Have you ever dealt with a department manager who claims they have no resource capacity for strategic company projects, yet seems to be under allocated?

You suspect the department of using precious company resources on “secondary projects” with no strategic value, but you can’t prove it.  Either you don’t have tools to track what your departments do, or that department has successfully hidden manpower for their own use… or both.

Probably the first step is a good heart-to-heart company meeting.  All the functional managers should know the necessity and value of strategic company projects.  But how can you know they understand and support you?  Know your people…  That’s the only way.

The next step is to implement a tool that clearly defines the percentage of time expected on key projects, and tracks actual work against them.  This is a supply and demand system.  Such a tool gives you the opportunity to enforce the message in step one, above.  Employees and department timesheets (supply) should track closely to the numbers they’ve agreed upon (demand).  If they don’t, you’ll have a hot topic of conversation ahead.

Project Quality Assurance

Project quality has many facets depending on the type of project and the quality objectives. A few common metrics used are guidelines and standards.  Most people understand the difference between the two.  However, guidelines can be confused with standards.  Guidelines are just that, an idea or parameter to stay within.  Standards are a more exact objective to be met.  It is well worth while to make sure people are clear on the differences and expectations of each.  Otherwise, a small misunderstanding can be costly.  As an example, a sorting team was tasked with looking through thousands of figurines to inspect for defects.  The guideline says the figurines can have up to 3 blemishes on the front portion, no larger than 2 cm each as long as they are not on the face.  The Standard stated if there is only one blemish allowed in the facial area and they must be less than 1 cm.  Well, an entire shift didn’t understand the difference between the guidelines and standards and inadvertently allowed figurines to pass through that had single blemishes on the face up to 2 cm…double the allowed size.  This was caught during a random audit and thousands of figurines had to be re-sorted costing the company hours of productivity, not to mention money.  As cliché as it may sound, never assume anything. Communication is vital.  A simple misunderstanding can cost an entire project.

Language and Terminology of PMI

Planning to take the Project Management Professional (PMP) exam from Project Management Institute? Excellent move! That’s just the right medicine for today’s tight economy. You might even find that your position depends upon it. I hope that’s not true, but I’ve seen it happen.

I found an interesting way to prep for the PMP exam plus get a working knowledge of the language and terminology used in the PMP exam. There’s a North Carolina-based company with PMP and Agile instructors that set up classroom sessions around the country: ASPE-SDLC training. Of course, they also have online classes. You can contact them at http://www.aspe-sdlc.com/ and see the PMP Boot Camp class at http://www.aspe-sdlc.com/courses/pmp-boot-camp/.

I’m considering taking the class to sharpen up my own seat-of-the-pants PM skills. If I do, I’ll blog the daily experience here on Project Team Blog. You hear all the ‘torture’ I’ve been subject to.  But you’ll also get an honest day-by-day account of the course. After all that, you might consider taking the course yourself.

Stay tuned!

Ethics in Project Management

With all the pressures of managing a project, it is easy to be swayed and make poor decisions. Pressure can cause a person to rise to the occasion, or crumble in a pile of heap. Most often, however, a person may do things they thought impossible…cheat, lie, twist the data? Unfortunately, this happens more often than we would like. As a project leader it is important to maintain character and integrity. Short term gain based on any type of shenanigans will cause long term pain. For example, say you’re leading an IT project and your developers are having trouble meeting deadlines. You instruct them to “dump” a few outlying features…the customer won’t even notice or use that feature until long after we are done. It’s not a big deal. Two things are going to bite you, one is obvious, the other not so much. The obvious gotcha will come when the customer realizes you didn’t fulfill one of the expected features and becomes upset and makes some waves. The other less obvious problem, your team won’t trust or respect you. They see clearly how you manipulated the situation and trust is broken…even if they agree and would have cut corners too! Take the issues head on. Consult the customer on the scope and change and instruct your team accordingly. You may disappoint the customer now, but your project will keep integrity and your project team will respect your leadership.

Project Portfolio Management 2

I’ll take the liberty to build on Warren’s Project Portfolio Management post below.  Hope he doesn’t mind!  It’s a great post, but the images below could help solidify the usefulness of project portfolios.  See the Project Portfolio YouTube video here.

There is a wonderful Timesheet software product named Standard Time® that handles project portfolios nicely.  The screenshots below are from it. Standard Time lets you see forecasted revenue for a selected project portfolio.  It also lets you see future task allocations and employee availability for a selected portfolio.  That’s powerful!

 

 

Here you see a project portfolio chosen from the dropdown list at the top-left.  The chart at the bottom forecasts the future revenue from all the projects in that portfolio.  This lets you compare one portfolio to another and focus on the profitable ones, and ditch the rest.

 

 

This screenshot shows project resource allocation for a selected project portfolio.  In other words, you see when your employees are scheduled to work on the projects in that portfolio.  The program takes all the projects in that portfolio, and then checks to see when employees are working on them.  If you decide to postpone a portfolio, you’ll see where you can pick up some extra resources.

 

–newshirt

Project Portfolio Management

Project portfolios are helpful for grouping work and managing projects individually and as a whole. Many companies start out not utilizing project portfolios. Then, as the company grows projects become unmanageable and the need for project portfolio management becomes clearer. Portfolio management helps companies maintain efficiency and breaks project work load into manageable pieces. It is vital that whatever project management software you utilize, be sure it is scalable to include project portfolios. It is likely you will need it! There is way too much to cover in this short blog. However, a pretty good white paper can be found from Mosaic Project Services at the link below.

http://www.mosaicprojects.com.au/WhitePapers/wp1017_portfolios.pdf