Why do people track time?

Different people track time for different purposes:

• Individuals (like students and creatives) track time to see where their time goes so they can manage time better in the future and improve their productivity
• Agencies, freelancers, and consultants track time in order to:
  • Know how much time they’ve spent working for different clients
  • See how much they’ve earned and what they need to bill
  • Have proof of work when they need to justify their hours
• Companies track time in order to:
  • Measure project capitalization and control project costs by identifying which projects bring in the most money
  • Better utilize resources by tracking who can take on more tasks and who’s overbooked
  • Know how to budget resources for various projects by looking where resources have previously went
  • Make estimates of how long things will take by looking at past data and seeing how long tasks typically take
  • Know much you need to pay hourly workers
  • See who worked overtime so employees can be fairly compensated
  • Show management how many hours different things take up so you can agree on future workload based on actual data