1. Do you track time in your organization?

Yes, all employees on all projects
Yes, but only on major projects
Yes, but only for hourly employees
No


2. What type of time tracking system, if any, do you use?

A web-based or locally installed automated system
Microsoft Excel spreadsheets, or other manual system
Paper-based system
None


3. Do you use Key Performance Indicators (KPIs) to gauge success?

Yes, all the time
Yes, often
Once in a while; rarely
Not at all


4. Do you allocate indirect costs, such as electricity and office supplies?

Yes
No


5. What is your approximate accuracy rate on project estimation?

Our estimates are accurate nearly 100% of the time
Our estimates are accurate 75% of the time
Our estimates are accurate 50% of the time
Our estimates are generally inaccurate; 25% or less


6. How would you rate your Paid Time Off (PTO) policy?

Both management and employees are very happy with it
It is satisfactory
We are looking to change it


7. What do Sarbanes-Oxley, DCAA and other regulations mean for your organization?

They are difficult to comply with and detract time and effort from our core mission
They are a nuisance but do not interfere much with other work.
We have no problems whatsoever in complying with such regulations.

Results:

0-5 points: Your business could be doing a lot better with regards to these matters. Find an automated time accounting system that will help you fully understand your costs, estimate and manage projects with ease, meet regulation compliance standards and bill accurately.

6-11 points: Your business is having a little trouble, but you're getting there! If you're not already using an automated time accounting system, you may want to implement one right away in order to get ahead.

12-17 points: Not bad! Keep up what you're doing. If you haven't already, find an automated time accounting system to help you maintain your lead.