Delivering on Time with Project Management Forms
To succeed as a Project Manager, you need to deliver projects on time and within budget. But delivering “on time” is not as easy as it sounds. A survey from the Standish Group estimates that up to 84% of projects fail to deliver on schedule. So how can you put processes in place to help you to deliver your projects on schedule? We suggest, by using these project management forms and by taking these steps:
3 Steps to Project Time Management
Time Management is the process of monitoring and controlling time spent within a project. By recording the actual time spent by staff on a project, you can:
- Calculate the time spent undertaking tasks
- Identify the staff cost of undertaking tasks
- Control the level of resources allocated to tasks
- Monitor the completion percentage of tasks
- Identify any outstanding work required to complete tasks
To do all of this effectively within your project, you need to implement a structured Time Management Process. This process uses “Timesheets” upon which staff record their time spent undertaking tasks. The process also involves the use of a “Timesheet Register”, upon which you collate the time recorded by staff. With this information, you can update the Project Plan and assess whether or not the project is on time and likely to deliver within schedule. Here’s how you do it.
Step 1: Document Timesheet
The first step in the process is to capture all of the time spent completing project tasks, using the Timesheet from your project management forms. All project leaders, team members, staff and contractors responsible for completing tasks in the Project Plan should complete Timesheet forms to record the time they spend.
Timesheets exist in various formats, including paper, spreadsheet and software, and they should be used from the moment the Project Plan is approved until the project is closed.
To ensure that all staff members record their time accurately, they should complete their Timesheets as they complete each task, rather than waiting until the end of the reporting period to complete them. They should then forward their completed Timesheets to the Project Manager on a weekly basis for approval.
Step 2: Approve Timesheet
Upon review of each Timesheet, the Project Manager will:
- Confirm the time spent against tasks listed in the Project Plan
- Confirm the team member was delegated the task
- Determine whether the time spent was reasonable
- Identify whether sufficient progress has been made
- Identify issues with the time spent and the progress achieved
Based on these conclusions, the Project Manager may decide to approve the timesheet, request further information from the staff member regarding the time spent, or decline it and raise a staff issue.
Step 3: Update Project Plan
After approval, the Project Administrator then enters all time recorded, against the Project Plan. This allows them to identify:
- The total time spent per project activity
- The percentage completion of each project activity
- The overall delivery of the project against the schedule
- Tasks that exceed their completion date or forecast effort
The Project Manager is then notified of any exceptions and can choose to take corrective actions, such as:
- Changing the team member assigned to the task
- Allocating additional team members to the task
- Providing additional time for completing the task
- Requesting assistance from suppliers to help complete the task
Throughout the Time Management Process, the Project Administrator monitors and controls the time spent within the project, by keeping a Timesheet Register up-to-date.
And there you have it. If you take these 3 steps and use project management forms for performing Time Management within your project, you’ll greatly increase you chances of delivering projects on time and within schedule.