Project management has four major stages. Definition, planning, execution, and closure. All the phases have certain functions that are vital to performing in each process of phase.
Similarly, project tracking is a function considered very critical for the success of a project. The proper tracking, monitoring, and controlling of all the processes involved in the execution phase comes under the project tracking function.
The purpose of tracking is to ensure the realization of the process as per the project plan. Therefore, the tracking sheets are developed from the planning sheets. So, the real-time comparison of planned vs actual output can be analyzed.
Excel spreadsheet templates XLS for tracking are designed by professionals and leading project managers in the industry to help you in maintaining control over the projects in the most challenging time.
Proper tracking of the project milestones is a way of accomplishing projects on time and becoming aware of any issue timely.
Although, the execution phase follows the guidelines developed in the project plan. Still, the output of the project process during the execution phase isn’t the same. Many external factors impact the quality, timeline, performance, and budget of the deliverables.
Anyhow, the project managers can properly track the output of the project processes. So, any variation in the planned vs actual can be monitored in real-time, and action can be taken at the right time.
Excel Spreadsheet Templates for Tracking
Project tracking is a process of comparing the project plan with the actual delivery of the project process. So, the planning sheets of different project processes are modified for tracking in many projects.
Moreover, some projects are very complex and require separate project tracking sheets for proper monitoring. Therefore, in such cases, the excel spreadsheet template for tracking project processes is used by the project managers.
These excel spreadsheet templates for tracking project processes are very helpful and professionally developed. Different professional features of MS Excel are utilized for achieving the best results of the analysis.
Moreover, the templates are readily available and easy to customize as per the project needs.
Organization after implementing any new project plan is a daunting task, which can be well managed through proper monitoring and tracking. You don’t need to be present physically at a place for maintaining organization this template does so.
Project management consists of a mixture of dynamic factors including tracking and control as well; therefore these Management Templates are equally significant as project management templates.
It is not all about milestone completion, in fact, resource management and outlining limiting factors are also part of this process. However, project timeline templates may also take part to track a project additionally.
In case of any shortage of an item, it affects the project operations, making interaction difficult in the project team and the team leader.
Now you can identify a responsible person, among a group, by properly updating this project.
Process Activities for Tracking the Project using Excel Spreadsheet Template
There are several process guidelines used by the project teams for the tracking of project processes. However, a simple fours steps process is common:
- Determine the Work Done
- Determine the Resources Spent
- Perform the Earned Value Analysis
- Track the Project Milestones
The work is done determination step focuses on determining the percentage of work that has been completed. All the activities on the WBS (Work Breakdown Structure Template) are analyzed for this reason.
Similarly, the determination of resources spent on a project focuses mainly on time and budget resources. After collecting the information about work down completed and resources spent. An earned value comparison is conducted by the project managers.
The results of the analysis help the project manager find out how rigid the project budget was developed in the planning stage. Any abnormality in the actual scenario vs planned scenario helps to understand the practicality of the project plan.
Finally, the milestones of the project are tracked to analyze the progress of the project. Also, it can be a sign of some important event or achievement of something.
Format & Features of Excel Spreadsheet Templates Tracking XLS
Quickly visualize inspiring features of this template and download it for getting even more benefits. Here are these features:
It allows you to take the best project management and tracking strategy from the rest.
- Some dependable tasks are required to be completed in near future or it may affect the duration of other tasks as well, therefore project managers are looking for a smart sheet, which can help you better manage your projects than ever.
- The timeline of the tasks can be recognized from Gantt charts, which are another favorite project tracking spreadsheets. They are most effective for outlining deadlines and meeting challenges in the future.
- As a project manager, you must be able to outline, which tasks require more effective management and tracking, and this information is provided by this template.
Excel Tracking Template XLS Working sheet
All this extensive work of tracking can be done using Excel tracking templates which are intelligent and automated to do all the evaluative work.
These templates are sometimes precise not only from the assessment of view but also by catering a wide range of data to be manipulated which is not possible in ordinary ways.
These templates let you scroll, implant, visualize, modify, and overlap your data in different forms at the same time providing ease of assessment in different layouts.
If you are skilled enough to compete for all your complicated work, you may create these templates yourself by defining all the reservations and limitations of working.
In case you don’t have any idea about how to create these templates and what are the functions of Excel used for this work, you can acquire the best project tracking Excel templates from skilled and professional template makers.
- Excel tracking templates list is incomplete without a project risk template, as it is prepared with the main purpose of outlining any risks and issues to the specific project.
- Some issue’s percentage is higher while others may not occur at all, in the same manner, some can affect overall project operations, they are outlined through this excel workbook.
It allows easy input of data and automatic changes.
- You are just required to make changes in the data in the table and the net amount changes automatically.
- It saves you time and makes tracking simple.
Conditional formatting, is another, favorite feature of excel which helps more in tracking and monitoring.
You can give different shades to all the projects and get the internal details of the project through the project dashboard prepared in the excel workbook.
Common Excel Spreadsheet Templates for Tracking Project
There are a lot of examples of project tracking templates. These are used in almost every project process during the execution phase.
However, some of the most common and vital excel spreadsheet templates for tracking the project dashboard template, project schedule tracker, project milestone tracker, project issue tracker, and project cost tracker.
Multiple Project Excel Spreadsheet Templates Tracking XLS
2017, comes along new competitors and challenges and startup companies and smaller companies are required to make an additional effort in making their brand famous.
Multiple projects tracking templates are prepared for helping you tracking all the projects on a single excel workbook.