A Data Date (DD) is a specific point in time when the status of the project is recorded. It serves as a cutoff date for updating progress, measuring performance, and generating reports.
Key Aspects of a Data Date
- Marks the Last Update Point – Defines the most recent status of the project.
- Used in Performance Tracking – Helps analyze schedule, cost, and progress trends.
- Enables Accurate Forecasting – Provides a baseline for future projections.
- Supports Earned Value Management (EVM) – Used in variance calculations.
Example Scenarios
Software Development
A Scrum team updates their Data Date at the end of each sprint, reflecting completed user stories and pending work.
Construction Project
A project manager records Data Dates weekly to track budget spending and construction progress.
Financial Reporting
A corporate project dashboard updates Data Dates at the end of each fiscal quarter, aligning with stakeholder reporting cycles.
Why Data Dates Matter
- Ensures Accurate Reporting – Standardizes status updates.
- Improves Project Forecasting – Helps predict delays or budget variances.
- Enhances Decision-Making – Provides real-time insights for stakeholders.
- Supports Earned Value & Performance Metrics – Used in project health assessments.
See also: Earned Value Management (EVM), Schedule Baseline, Variance Analysis, Project Reporting.