Top 5 Benefits of Using Project Management Software Tool

By | January 28th, 2020|Project Management Software|0 Comments

Many people believe that a Project Management software tool does not have much utility as spreadsheets work much better and provide a cheaper option.

Before we debate this, let me ask you a question. Which tool would you use if you have to put a nail in a wall – a hammer or a screwdriver?

Most probably your answer would be hammer. It does not mean that a screwdriver is a useless tool. It only means that a hammer is a more appropriate tool for putting a nail.

Similarly, when it comes to project management activities like planning and tracking, you should use a proper tool. A spreadsheet software is a general tool that is good for performing calculations and maintaining records but it should not be used for managing projects.

A proper tool helps in automating activities like estimating, scheduling, budgeting, organizing, tracking, and reporting. A spreadsheet software can never do all these things.

Let’s take a look at the top benefits of using a project management software.

Benefits of Using Project Management Software Tool

1. Scheduling

Scheduling involves the following steps:

  1. Identification of activities
  2. Estimating duration, cost, and resources
  3. Identifying dependencies and sequencing the activities
  4. Assigning resources and developing schedule
  5. Adjusting schedule to meet deadline

All these steps can be easily performed by using a specialized project management software. By using it, you can establish a proper workflow so that project staff members know what are they supposed to do and when.

Furthermore, by using a proper tool, you can easily adjust the schedule when there are any delays or changes as the project progresses. (more…)

From To Do Lists to Managing Projects – The Path From Personal to Professional Management

By | October 29th, 2013|Project Management, Project Management Training|Comments Off on From To Do Lists to Managing Projects – The Path From Personal to Professional Management

from personal to professional

Personal life is a good place to start testing the managing skills and also to improve them. Once someone gets to the point when he thinks he is the master of his day by day life he can start extending his skills on his professional life.

No one was born an expert. We all start from low and through study, hard work and exercise will eventually get there. But in time and with patience… This process should start in childhood with the help of parents and continuously evolve in time. Being an organized person will always help in any working domain. Personal life is the right place to practice on. And the best part is that it can be done for free, without constraints and with minimum failure risks.

Know what to do and when

In order to reach the final outcome for any type of work it is important to know what needs to be done and when. Once it is established a to do list it is a good practice to prioritize it. A logical pattern should be followed to reach a goal. One must decide what is going to have the biggest impact either in good or in bad on the final deliverable.

Prepare for battle

Knowing what to do is not enough to be efficient. Nowadays people tend to have so much things to accomplish that they just get distracted from one objective to another. Meditation and exercise are some of the tools that should be used to refocus, that will help anyone to move from one day to another and to stay on track.

A well done plan is the key to efficiency. One solution to achieve it is to do part of the work in the evening – organizational stuff – that will set you up in no time for the next morning. Dead simple: prepare it and then just jump in to get it done.

To mix or not to mix – that is the question

OK, suppose one has what it needs to manage both his life and his job. But is it a good thing to mix them? For simple tasks this may not be a problem but if things get more complicated at work it is a good idea to separate them. Failure in personal life has a smaller impact and will influence only the close people. However not meeting a deadline within a project can be a major risk with a large impact over many people and with high costs… (more…)

What Is A Project Management Software?

By | July 14th, 2010|Project Management Software|2 Comments

Overview

Project management software is a term that covers many kinds of software, including project planning, project scheduling, cost control and budget management, resource allocation, collaboration software, communication, task and time tracking and the list can go on. All these areas are covered by project managers that are used to deal with small, medium and even complex and large projects.

A project management application is a simple tool that helps managers and team members successfully plan, manage and execute the various tasks involved in each project under time and budget constraints. The most important part in the success of a project is the project managers experience and knowledge in the project management area. The project management tools are just an extension that help the manager.

Types of project management software

There are several types of project management software. It may be a desktop application, a web-based software or it can also be a hosted software solution that allows access from remote locations through Internet or Intranet.

Desktop applications are used by single users and working generally with system files. Web-based and hosted solutions can be set up to allows access for multiple users simultaneously in a concurrent manner on a central data repository.

The biggest advantage of a desktop application is the increased execution speed. The application runs faster and has a better response time than web-based solutions. This happens because web-based development technologies have not evolved well enough to allow faster running. Still desktop applications have the disadvantage of just one user working with them at a given moment of time. In order to solve this problem it is recommended to use custom server based solutions with desktop clients. This way the server offers the possibility to work concurrently on common data while the desktop clients give execution speed for users when working with the server module.

How to choose the right project management software

Project management software is designed so you can manage all aspects of your project needs effectively. There are different types of software available, and the most will allow you for the complete management from beginning to end. This includes starting with WBS construction, project planning and scheduling to progress tracking etc.

Here are some of the benefits from a project management software that you can expect:

  • it should be simple, easy to use and user friendly
  • project planning: provides a clean way to break down your project, build schedules, allocate resources, and manage budgets
  • resource and cost management: get resources and finances under control
  • project tracking: track project evolution regarding task’s completion, time and costs
  • brings project’s critical issues to your attention
  • team work and collaboration

Besides all these features the product price is also an important factor. There are basically two major payments methods: a one time purchase and a monthly fee. Based on your budget or income it is up to you to decide the most appropriate method.

Keeping all these aspects into account Stand By Soft designed RationalPlan, a project management software suite that follows the general recommended guidelines from project management software domain.