Your Guide to Project Management Best Practices

Tagged: benefits

PM Framework

Key Benefits and Common Mistakes of Project Scheduling

Right project scheduling makes it possible to determine when a planned activity is best to start and finish in terms of the resources and objectives this activity relates to. An accurate and complete schedule template captures durations, dependencies (predecessor tasks and their relationships), resource availability, and target completion date of the project, so it becomes easier for the team and other stakeholders to get a clear idea of what work items are to be done, in what sequence and when. The benefits of good scheduling can be also derived by the project manager who is enabled to review work progress, comply the activities with business policies, and reach efficiency in program management. Meanwhile, there are several common mistakes in scheduling that often cause project failure. Let’s find out more about the key benefits and mistakes.

Business puzzle assembled with consistent methodology

Business & Finance

Benefits of using a consistent methodology in business

Having a consistent methodology in place lets decision makers establish, support and implement best practices of management in their business environment. A business methodology increases chances of success, prevents waste of time and effort, eliminates unnecessary actions, and ensures consistent reporting and analysis. If you currently use a strategic methodological approach in your company or consider implementing one, consider the four benefits of having such a roadmap in place.

remote team benefits

Teamwork & Leadership

How to Benefit from Remote Workers

Technology innovations pave the way for better and more simplified relationships between employers and their workers. Due to advances in telecommunications and virtual collaboration today business organizations can employ remote workers and control their performance from almost anywhere in the world. A business owner is able to use remote communication technologies to monitor job efficiency and direct effort of remote workforce, while saving money and company resources. Let’s explore the barriers on the road to using virtual workforce and define the benefits business owners gain from remote workers

buying a business franchise

Business & Finance

Buying a Franchise Business – The Pros and Cons

deliberate decision on buying a franchise business should be made considering all the pros and cons of the deal. The greatest advantage of franchising for the owner is the ability to bring independent retailers together through using one and the same brand name, model, and business concept. Buying a franchise business means participating in distributing products or services through retailing channels owned by independent operators. Franchising makes it possible for the franchisor to growth the business while minimizing investment activities.

managing project resources

PM Tips & Ideas

Project Resource Management Software – The Meaning and Benefits

Managing project resources is one of the critical management activities aimed at finding the balanced allocation and levelling of available project resources and optimizing resource utilization and consumption. The project resource management process focuses on planning, scheduling and allocating resources required for initiating and executing a project and its phases. Usually this process is successfully implemented with help of project resource management software which allows using spreadsheets, estimates, templates, to-do lists and reports to plan and utilize project resources.
What is Project Resource Management Software?

It is a computer program to simplify planning and using of resources by providing tools for achieving the balance between project resource requirements, schedules, availability, and optimization opportunities. Project resource management tools allow managing what, where and when a resource should be available and utilized to achieve the optimum project outcome.