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Of course not. That's the best practice to track performance improvement and progress. You can use google sheets for convenience.
Nope. There are actually a lot of tracking software that you can choose from. Toptracker is the best software for beginners.
I don't think so. My team members were the ones who suggested this. They also want to track their own progress.
No. It's not awkward, really. I think they will appreciate it more if you do this. Go for it, OP.
No, it is not. If your team is fine with it then go ahead. Remember that you are the manager. You can do anything that could benefit the team.