How to use real-time project tracking to deliver results clients trust

It’s never been more important for GovCons to be able to report on project status at a moment’s notice. Here’s how to do it reliably.

For government contractors (GovCons), there is more scrutiny than ever on what they’re doing and how well they’re doing it. For most project managers and team leaders, this means being able to reliably hit deadlines while also reporting on that progress.

There are two key aspects for project success: deadlines and budgets. The goal is to deliver every project on time and on budget. These metrics serve as commitments that hold teams accountable and lead to better project outcomes. Missed deadlines lead to increased costs, penalties, and strained client relationships. Missed budgets can cause delays and decrease profits. And in an industry built on trust and reliability, falling behind can mean losing future opportunities. 

The solution? Real-time project tracking. When project managers have instant access to data, they can reduce risks, streamline operations, and confidently deliver on promises.  

Why real-time tracking matters 

Too often, project management happens in a separate, siloed system from the budgeting and accounting systems that primarily cover timekeeping, invoicing, and supply chains. Traditional project management often relies on spreadsheets, outdated reports and periodic updates – which take time and significant effort to “true up” to project accounting systems.  

Real-time tracking ensures teams have up-to-the-minute insights to avoid costly setbacks, such as: 

  • Missed deadlines: Even minor delays can propagate across systems and derail an entire project, leading to frustrated clients and contract penalties. 
  • Budget overruns: Without immediate financial visibility, overspending can spiral out of control. 
  • Compliance risks: Tracking milestones and contract requirements in real time reduces the risk of non-compliance and potential legal consequences. Additionally, if an audit occurs or a contracting officer asks for reports, that work falls on the same people who are managing the projects or budgets. This only further increases delays or costs. 

Having the ability to track progress in real-time – with reliable and accurate data – means you’ll always know where every project stands, where your money is going, and what your team needs next. This clarity helps project managers resolve issues before they escalate. It keeps projects on time, on budget, and on track for success. 

How to benefit from the power of real-time tracking 

To get the most from real-time tracking, follow these steps:  

Identify your key project metrics 

Start by defining success. Key metrics typically include compliance checkpoints, indirect rates, incurred costs, project burn rates, utilization rates, task progress, and budget performance. These fundamentals help you monitor your project effectively. 

Select a unified platform that enables real-time project tracking 

A powerful system should integrate project management, accounting, and invoicing. When everything is in one place, you gain instant access to the data that matters most. Along with having aligned data, you should also opt for a platform that updates data in real time for all users. This ensures everyone’s using the same set of information.  

Set up automated alerts 

When key metrics deviate from the project plan, you need to know immediately. Automated alerts flag budget overruns, missed deadlines, and potential risks—so you can take action before problems grow. 

Have well-defined rituals with your client to share progress updates 

Being able to report on a project’s status at a moment’s notice is a valuable capability to have. But there’s an old expression that applies here: an ounce of prevention is worth a pound of cure.  

Having regular syncs with your clients where you present them with up to date data on how a project is progressing will keep them informed and happy. These can take the form of regularly scheduled stand up meetings or emailed reports. Even if there’s a problem or set back, you’ll at least deal with it head on.  

One of the best ways to keep a government client happy is to ensure you limit the number of surprises they receive. When you deliver real-time data regularly, they’ll always know where they stand with you.  

Results you can achieve 

Using the right enterprise resource planning (ERP) solution can increase your transparency with your client, showing them the quantifiable results you’re achieving.  

Using a comprehensive solution like Unanet helps you to simplify budget control, project management, and task automation – freeing you to focus on hitting your goals and growing your business. 

With everything in one place, you gain clarity, control, and confidence to deliver results that inspire trust. When your processes run smoothly, deadlines are met, and budgets stay on track, your clients notice. And your business thrives.  

Modern ERP systems like Unanet help remove the complexity you usually associate with success. It’s time to simplify your project-based work with the right ERP solution. To learn more about how Unanet can help, schedule a demo today.