Project data are the information that is used to collect or analyze data to help manage projects. It includes the numbers, estimations, and figures that are used by teams on a daily basis. It is crucial to use it correctly in order to ensure the success of a construction job.

Typically, the project manager is accountable for collecting and analyzing project data to improve the performance. He ensures the project is on time as well as within budget and also meets the quality standards. The ideal scenario is that the results of data analysis should be presented in easy-to-understand charts to allow everyone to immediately take action.

The best way to manage and track project data is with a professional solution. Modern project management softwares function as a symbiotic thread for your company and connect all departments on one place and making it easier to transfer information.

For example the team could use Text-type Data Fields to provide details about the client’s requirements or use List-type Data fields to color Tasksbars in Ganttic and track progress of projects continuously. This gives supervisors an accurate picture of what’s been completed and what’s still to be completed, allowing them to make better allocation decisions. This helps avoid surprises at the conclusion of a project when unexpected expenses or risks suddenly become apparent. If the project is complex it could be more project data important to have someone responsible for the entire process. They can refine the analytics processes, track them, and ensure that they are tailored to the actual requirements.