Yes, and one of the most pressing reasons to track a project is figuring out whether you need to move the due date.
I work at a product company, and "whether the project is complete by the due date" is not the end-all, be-all, for us. If the project is done, eventually, and good, our customers get value! We do, though, need to do things like market the new feature, produce training materials for it, etc, and these efforts need to be synchronized with the the feature actually getting done.
Assessing team performance is honestly not the main goal here! It's coordinating with everyone else in the company who can't act until the project is complete.
I work at a product company, and "whether the project is complete by the due date" is not the end-all, be-all, for us. If the project is done, eventually, and good, our customers get value! We do, though, need to do things like market the new feature, produce training materials for it, etc, and these efforts need to be synchronized with the the feature actually getting done.
Assessing team performance is honestly not the main goal here! It's coordinating with everyone else in the company who can't act until the project is complete.