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Project Management Software Solutions for Your Business
  • By: Lisa
  • 25 May 2015

Project Management Software Solutions for Your Business

 
Planning, collaboration, and tracking tools lead to the correct use of a project management software, help in managing schedules and lay down the grounds for allocating resources. These tools also make your customer and internal projects come in on budget and in time. Read on to know how project management software solutions are geared to meet project time, scope and cost goals, so as to pass on their benefits to the goals of your organization. 
 
PM Software Options
 
A careful research of the functional modules available in the market shows that PM software options are tailored for professional service work, construction projects, internal project tracking, client work and business development projects or optimized for system development—you need to choose the right program as per your immediate business requirements. Choosing the right software promises enhanced collaboration and creativity, improved project visibility, better efficiency in executing project work, correct alignment with software requirements, and more. 
 
Project Management-Tactical Tools
 
Along with scheduling programs, hyper-granular Gantt charts and task managing tools for desktop file structures and individual email accounts are also important. They include strategic project planning programs for higher productivity and better bottom line figures. 
 
Project Ideation
 
In the contemporary scenario, several organizations, especially those that are looking towards a rigorous approach of capturing project ideas as well as prioritizing them, are incorporating sophisticated ideation technologies in their project management suites. Commonly used tools like interview capture programs, surveys, prioritization dashboards, programs involving rating and polling functionality are offering better means of managing projects
 
Project Scope
 
The identification of project scope serves as a critical piece linked with project planning. Collaboration tools, entity relationship diagrams, SWOT analyses, Venn diagrams, project scope authoring tools, document templates (form based) and other project modeling software  tools are helpful in planning the work associated with project scope documentation. 
 
Work Breakdown Structures
 
Work breakdown structures provide a decomposition or inventory of work that goes into the successful completion of a project. They are commonly represented via flow-chart like formats or tools that facilitate the creation of WBS documents.
 
Project Team Rosters
 
Assembling of a project team is an essential step in project planning. Software related to project team management handles the storage and tracking of team member certifications and manages their levels of access to utilities and documents within the software, on a per project basis.
 
Project Budgeting
 
Project budgeting programs and functionality are often included within the broader project management application suite as integrated functions. Here, the essential budgeting features include cost breakdown assignments of line-items, forecasting of what-if scenarios, and comparison tools for cost variance, among many others.
 
Change Management
 
Change is inevitable and is often necessary in case of work breakdown structures or planning of project scope documents. Normalized structures for managing change orders serve to be important components of project management programs. The structured approval processes present within software tools ensure that all changes support the direct interests of project stakeholders.
 
Project Management—Tracking and Scheduling of Task Assignments
 
A clear idea of questions pertaining to who does what, when does a specific task gets done, what are the phases of task completion, and so forth, keeps projects on track and offer the right platform for the scheduling/ tracking of assignments. 
 
Task Scheduling and Assignment
 
The proper handling of timeframes and task attributes is essential for scheduling purposes, especially when there are a large number of assignments to be performed. Project management software comes packaged with different scheduling approaches and models that include task registers, check-lists and calendar tools for filtering tasks on the basis of task assignments. Additionally, many systems incorporate rule-based notifications and alerts related to task completions, upcoming tasks or other indicators.
 
Gantt Charts
 
Gantt charts, providing helpful means of viewing dependencies between tasks, represent the connections in the tasks and their prioritization. They are very useful for tracking the completion of various project milestones.
 
Progress Tracking
 
The tools for progress tracking provide the means of swiftly identifying where a specific project is in relation to its completion. Dashboards defining task completion display this percentage relative to completion and offer filtering capabilities for identifying the remaining work.
 
Time Tracking
 
Time tracking programs are used for billing purposes; internal tracking or monitoring project completion and identifying the time to be taken on future projects; identifying time intervals; and integrating other utilities in the project management suites.
 
Resource Allocation
 
Project resources and their availability options have to be carefully viewed and managed for successful project management. Availability schedules and use of resource registers and other resource scheduling functionality mirror labor scheduling with regards to fostering creative collaboration, especially in relation to the tasks linked to document management software and other communication tools.
 
Project Management—Collaboration Tools
 
Collaboration deals with significant challenges related to the effective management of documents and ideas between project members, working with common resources, and the maintenance of transparency and accountability with respect to shared project contributions. Most collaboration tools deal with strong features for handling document management, project communication or meeting facilitation.
 
Email/ Email Integration
 
Email based communication systems are the centerpiece of many project management collaboration programs. They allow users to handle digital communication and emails via standard email clients like Outlook or Gmail, so that the same can be viewed from project management suites.
 
Wiki’s, Message Boards, and Instant Messaging
 
Wiki’s are useful in projects for capturing documentation that requires frequent referencing or continuous updating. Forums and message boards promote more interactions than direct emailing while instant messaging allows project members to communicate rapidly and directly.
 
Document Management
 
Management of document exchange through emails or third party file-sharing programs makes it important for managers to stay abreast with current versions. They are time-consuming methods of passing/sharing documents between various project members. In contrast, document management systems provide audit trails to identify change histories, support multiple file formats and manage shared access to commonly used documents for more robust solutions.
 
Way Forward
 
Get ready to take help from these project management software solutions that will certainly serve to be appropriate for your business requirements; starting today!
 
 
 

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2 Comments

Evie replied to .. Nice article! Useful and well-structured information about applicant tracking systems(read comment)

Evie 2019-11-07 16:06:11 +0530

Top Project Management Software List

Evie 2019-11-07 16:03:43 +0530

Nice article! Useful and well-structured information about applicant tracking systems

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