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Project data is the information that is collected or analyzed for the purposes of managing projects. It comprises the numbers, estimations, and figures that are used by teams daily. It is essential to utilize it correctly in order to ensure the success of any construction project.
Typically the project manager is responsible for collecting and analyzing data about the project in order to improve performance. He also ensures that the project achieves its objectives within time, budget and quality standards. Ideally, the data analysis results must be presented in easy-to-understand graphs so that everyone can take action.
The best way to organize and track project information is to use a professional system. Modern project management softwares are like a gold-colored cord for your business. They connect all departments to one platform, and they improve the flow of information.
For example the team could use text-type Data Fields to give info about the needs of the client or use List-type Data fields to color Tasksbars in Ganttic and track the progress of the project constantly. This gives supervisors a clear image of what’s done and what’s left to be completed, allowing them to make better decisions regarding resource allocation. This will also help to avoid surprises at the end when unexpected costs or risks are discovered. If the project is complicated it is more important to have a person responsible for the entire process who can establish and improve analytics processes and keep track of them and ensure they are adapted to the actual needs.
