Top 5 Benefits of Using Project Management Software Tool
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:
- Identification of activities
- Estimating duration, cost, and resources
- Identifying dependencies and sequencing the activities
- Assigning resources and developing schedule
- 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…)
Any organization thrives or fails because of its people. It is no wonder that so many highly successful organizations, like Samsung, Intel, IKEA, Procter and Gamble, just to name a few, invest in talent management. Talent management refers to “a set of integrated organizational HR processes designed to attract, develop, motivate, and retain productive, engaged employees” according to the staff at Johns Hopkins University. For organizations that carry out projects, talent management also means equipping team members with the right mix of technical, project management, and leadership skills, according to the authors of PMI’s Pulse of the Profession “In-Depth Report: Talent Management.” Here are four reasons why any organization that does projects should invest in talent management:
a source of risk in any project. Low team productivity can trigger other issues, including schedule delays, unsatisfactory quality of the deliverables, low team morale, which, in turn, can all lead to the project’s failure. The project management approach, the project manager’s skills, the changes in project scope are some of the risk factors for a team’s productivity. But often the issues and conflicts that arise from the team itself are the causes of low productivity. The productivity can suffer when the teams are distributed rather than collocated, and when there are cultural differences among team members, since both situations can generate conflict and miscommunication.
Working with people is almost never a simple matter, but it can become even more complicated when the project manager has to deal with a lazy team member. In many cases, dismissing the person from the team is not a possible or acceptable solution. As the project manager, you have to find other ways to deal with this problem, and quickly.