Project Tracking is the process of monitoring the progress and performance of a project to ensure it stays on schedule and within budget. It involves collecting data on various aspects of the project, such as tasks completed, resources used, and timelines. This information helps project managers identify any issues early and make necessary adjustments. Effective Project Tracking often utilizes tools and software that provide visual representations of progress, such as Gantt charts or dashboards. These tools help teams communicate more effectively and keep everyone aligned on project goals, ultimately leading to successful project completion.