A tool designed for estimating or tracking project workload uses time as its primary unit of measurement, often expressed as the effort one person can exert within an hour. For instance, a project requiring two individuals working for eight hours each would equate to 16 units of work. This approach allows for simplified resource allocation and cost projections based on labor.
Accurate workload estimation is crucial for successful project management. Such tools facilitate efficient scheduling, budget control, and realistic deadline setting. By providing a standardized metric, these tools enhance communication clarity within teams and with stakeholders. Historically, time tracking has evolved from basic paper logs to sophisticated software solutions, reflecting the growing complexity of projects and the increasing need for precision in management.