Team performance analytics refers to the process of tracking and measuring the performances of project team members. These are then summed up to evaluate the overall effectiveness of the team in completing the project.
Team performance analytics can be used to determine the progress of a project at any given moment, predicting its future direction, and seeing who is really helping complete the work. Managers also use it for other work like deciding task assignments and allocating resources.
Team performance analytics is an integral part of most project management software, which means they don?t add a significant amount of cost to these tools. Subscription-based project management software with team analytics features included start from as low as $7 per month, with advanced software going as high as $99 per month. Those that accept one-time payments start at $100 per user, and can go up to several thousand dollars once all team members are added.
Some of the common analytics tools that you will find in most project management software includes:
These features have different custom options to break down team performance metrics into individual statistics for a more detailed analysis.
There are several types of project management software that lets you easily review and assess the progress of a project and the work of members:
Each of these types of software can be used for monitoring different kinds of projects and teams.
Yes. There are several open-source project management software tools available, like Bitrix24 and Freedcamp, that offer a variety of team performance analytics tools for free. Most paid project management suites also have free versions for teams with a small number of users, which includes their standard analytics tools. These free versions do have certain limitations, like the number of reports they can generate, the amount of data they can track, and how long data remains available.
The biggest advantage of web-based project management software is their accessibility. Managers can use their analytics feature from anywhere by heading to their online project dashboards. They can also be easier to set up since members don?t need to install anything if the software is browser-based.
Installed project management software typically have more features that let managers study a wider set of project metrics. They also offer greater data security since they are typically used in closed networks. The software is typically more robust than browser-based tools as the software doesn?t have to filter through a web browser, which aren?t typically built for this while dedicated software can be.