Make Sure Your Projects Are On Track

A good plan is just the first step to the success of a project. The real work starts only after the project plan is ready. As a project manager you have to track the project’s evolution and make sure it follows the initial plan as much as possible. And the easiest way to accomplish this is through the use of project tracking software.

It is a well know fact that the initial plan does not always fit your expectations. The unpredictable happens. To increase the chances for project success, once your project is started the project manager needs to constantly monitor its progress keeping up with what everyone is doing. There are several factors that need to be kept under control: activities, resources and work, budgets and costs, progress.

Activities

Activities in a project can be categorized based on certain characteristics as projects, phases, milestones and tasks (the term task is generally used for all these terms). A milestone is a key event marking the end of a major stage of a project. And for this reason managing milestones is the most important factor. Essentially these are the deliverables which your project sponsors will remember and keep asking you about. You need to immediately recall these dates to instill a sense of confidence in your ability to be on top of things. The key here is to have a clean layout over the milestone plan and to make sure you check them as completed at the already planned dates. You can do it sooner but not later.

The next important activities are the low level ones. Since phases are just a summary of all these tasks it is obvious that once the tasks are efficiently tracked all the above levels up to the root project are also on schedule. In this case the key is to easily determine the critical path of the project and to constantly track those tasks. Project management tools like Gantt charts can make this job as easy as possible.
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By |2022-11-18T10:20:11+00:00November 18th, 2011|Project Management Software, Project Tracking, Resource Management|Comments Off on Make Sure Your Projects Are On Track

When And Why Do You Need A Project Planning Software?

Project planning is a process used to establish how to complete a project within a certain time period, under a certain budget and with a set of resources. To accomplish all these a project plan must be created. It will help you to plan the steps of your project and it will save you money while getting the project done on time.

The project plan

The project plan reflects the current status of project’s activities and it is useful to monitor and control the project. Many people in the company are using it:

  • the project manager – to establish the resources activities and to communicate the status of the project to stakeholders;
  • the team members – to better understand the work they are doing;
  • the senior managers – to verify that the project’s cost and work are under control;
  • the stakeholders – to make sure that the project is on track and that their business is safe.

Why do you need a project planning software?

Creating a project plan is the first thing a manager should do when taking any kind of project. Often project managers (especially those without too much experience) ignore a project plan in favor of going on with the work. They fail to realize the real value of a project plan in saving time, money, resources etc. It is a known fact that a good project plan can make the difference between the success or failure of a project. A project planning software will help to create these project plans and will enable users to take the best strategic decisions regarding them and to reduce much of the uncertainty surrounding the execution of the project.

Today, project planning process is often enhanced with the use of software tools to develop the general plan and to keep all team members aware of the project’s progress. Project planning software makes it easier to create the work breakdown structure, estimate the work effort required for each task from the WBS, establish the most logical activities sequence during the project scheduling phase and easily define and identify those risks which may impact the progress of the project.

In more complex projects it is needed to compute the critical path of the project. This is the optimal path to project completion and using a project planning software you can easily identify it.

A project schedule is created by assigning resources to tasks and determining the working calendar necessary for each task. Having the right people in the right place at the right time is critical for resource allocation. Additional costs for overtime work can be reduced when using a software tool. Further more the overallocation problem is also solved through resource leveling – a process too complicated to be done without the help of a software, not to mention the automatic leveling. (more…)

By |2022-11-18T10:20:12+00:00March 18th, 2011|Project Management Software|Comments Off on When And Why Do You Need A Project Planning Software?
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