Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
Project management processes fall into five groups: Initiating, planning, executing, monitoring and controlling, closing.
A project is temporary, and is mostly for a short period of time. It has defined beginning and end in time and therefore defined scope and resources. In recent times, Project Management has become a distinct profession and qualifications are being offered on project management.
Some clients will ask ‘Why is project management important?’, Can’t we just run the project and manage the team doing the work?’. In reality, it sounds a lot easy and cost-saving but the importance of project management cannot be overemphasized.
Strategic Alignment – Good project management ensures that the goals of projects closely align with the strategic goals of the business.
Leadership – Project management is important because it brings leadership and direction to projects.
Risk management – Good project management practice requires project managers to carefully analyze all potential risks to the project, quantify them, develop a mitigation plan against them, and a contingency plan should any of them materialize
Continuous oversight – ensuring that a project is tracking properly against the original plan is critical to ensuring that a project stays on track.
In the past, project management was done traditionally through emails and sharing platforms. With the recent advancement in technology, there are project management software and tools that help your project from the initiation stage to the closing stage. Large and medium-sized businesses across different industries are now using online project management software. This type of software uses cloud-based technology and is offered by application service providers as software-as-a-service (SaaS).
Project Management Softwares
1. AceProject ; AceProject provides the tools for projects to remain on time and on budget with its time and expense tracking features. Users can easily stay on top of all their projects with a project Dashboard that gives instant information with colour-coded graphs and details.
2. Teamwork CRM; No more trying to keep track of your leads across multiple spreadsheets and emails as it helps to develop your sales process, plan and manage company’s growth
3. Buildertrend; Excellent software for home builders, contractors & remodelers. Our construction software is an all-in-one solution, it features everything you need in one construction app.
4. Methvin – Methvin is an online construction management suite of applications. It fosters collaboration between the client contractor and subcontractors.
Project management soft wares can help boost the productivity of businesses by providing assistance to the business process in different sectors of the firm. It can help with budget management, report generation, time management, task management, staff management, business partnership, and communication management.
While project management software may seem like the solution to productivity issues of companies, it will not be perfect enough as it has its drawback but the advantages and benefits supersede.
GET A PROJECT MANAGEMENT SOFTWARE TODAY and increase PRODUCTIVITY.