Can Timesheet Management Software Really Drive Profitability?

Timesheet management

One key benefit of implementing Timesheet Management Software is the potential to increase productivity and profitability. How you increase profitability varies depending on your organization? However, multiple options exist for improving productivity, reducing project costs or more accurate revenue recognition. In this article, we examine three ways of how timesheet software which is actually a … Read more

Project Scheduling in Project Management Software

Project Scheduling

Project Scheduling is a key feature in any good project management software. This ensures operational planning, personnel and organizational resource allocation and even governance management. Project scheduling enables a foresight into the future contingencies as well as helps in eliminating process redundancies. Prior to scheduling, comes the planning phase, where the resources required for the … Read more

Planning Tools for Project Management

Planning tools

Project Management involves complete documentation and understanding of various aspects of the business functional requirements, Hardware/networking requirements, identifying the right resources, procurement planning, risk mitigation, and training requirements. It is end-to-end planning from conceptualizing to execution and also backup planning. All these key aspects come with their own set of tools. Hence a Project Manager’s … Read more

EPC Material Quantity and Cost Estimation – Importance in Sales and Execution cycle

EPC Material Quantity

EPC Material Quantity and Cost Estimation There are many challenges in the EPC industry. It can be broadly categorized into i) managing pre-sales ii) project planning and execution. The most critical factors which affect both of them are – material BOQ management, making an accurate price based on costs and markup, proper cost estimation (this … Read more

Task Management Software – The Difference between Average and Successful People

Task management software

Task Management Software Task management can be a challenge; it is essential to cultivate effective task management tools. Fortunately, there are a variety of software tools and management tips that can help individuals or project management teams. The main difference between average and successful is the ability to manage tasks efficiently. This difference can be … Read more

The Best Practices Trap

The Best Practices Trap

One of the terms used very often by project management practitioners globally is ‘best practices.’ It may be surprising to note that project management itself was considered a best practice about a decade or two ago. Project Management has significantly matured since then. At the drop of a hat, professionals throw umpteen references to best … Read more

Poka-Yoke Your Project Schedule

Poka-Yoke Your Project

One of the most important projects management documents organizations prepare is the Project Schedule. Depending on the size, duration, and complexity of the project, the schedules could run from a hundred to few hundreds and even over a thousand line items with start dates, end dates, duration, etc. As a leader, how do you make … Read more

Hard Earned Revenue, But Where Is It?

Hard Earned Revenue

As a leader, you manage multiple projects and programs as part of the organizational strategy execution framework. These projects/programs may be local, regional, or even global. If you are part of a large organization, these initiatives may cut across industry verticals. Your customers insist on different types of contracts based on the nature of the … Read more

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