Whether you use a project management (PM) software that doesn’t quite fit the needs of your company or you’re winging it without a solution, project management is a crucial piece to your business that can’t be overlooked. That’s why we’ve asked our project management expert to answer the most common PM questions, give us more insight into the importance of a reliable project management software, and teach us how we can improve our existing solutions.
What is project management software and how will it impact my business?
Project management software is a comprehensive solution designed to give your team more visibility, control and access to your business projects. You’re able to track time, organize tasks and projects, and identify gaps that are impacting your timeline and budget.
A study by Hive found that 77 percent of high-performing projects use PM software. By adopting a project management software or finding a solution that fits your business needs, you’ll make a stronger impact on the success of your projects. You’ll be able to quickly identify gaps and roadblocks in your processes, easily reassign tasks to alleviate hold-ups and – for some software solutions – track the time spent on a project within your task so that you can properly bill for the hours worked. This helps your business work seamlessly and effectively.
How do I find the right PM software solution for my business?
There are a lot of tools in the market for project management. From the free programs with limited features to the per-user options that give you unlimited access, finding the right project management software for your business requires more than throwing darts at a board.
First, you need to analyze your needs. If you’ve never implemented a PM software before, you’re starting with a blank slate. If you already have a solution that isn’t quite fitting your needs, where has your previous software failed? Identify what you need and what your goals for this solution are, then do extensive research finding a tool that accommodates those needs. A managed services partner can be your biggest asset when it comes to leveraging vendor relationships and identifying the most secure software option for your business.
How do I know if my project management software is working for my business?
Whether this is a question you’re asking before or after adopting a software program, the answer is still the same – is your PM solution helping you meet your goals? If your team struggles to stay on track and adhere to a strict budget, is your software doing that? No two software solutions are the same, and how you use your PM solution greatly impacts the answer to this question.
Some solutions don’t include time tracking. While there are other applications that you can use for this purpose, if your main goal is to have a solution that helps you send out appropriate billing, then you would be disappointed with a software solution that doesn’t offer time tracking capabilities.
Improving your existing software or finding a project management software on your own can feel overwhelming, but you don’t have to do it alone. To get help in finding the right solution for your business and for more advice on how you can improve your existing software, contact us today.