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9 Point Checklist for buying Resource Management Software

January 31, 2024

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Resource Management plays a pivotal role in any project business. If you have 100s or 1000s of employees to manage and deliver multiple projects, then resource management software is the single most important thing for your organization. Read about the tell-tale signs that you need to master the art and science of resource management.

The science of resource management

The science of resource management requires tried and tested workflows, repositories, and actionable dashboards. You need resource management that brings together information about current and future projects, available resources and their competencies and costs, and their leave and timesheets.  

The art of resource management

To master the art of resource management, you need collaboration among project managers, the resource management group or project management office, and the talent acquisition team. You also need a well-structured taskmaster and skills and competencies consistent with it.

Check these features before buying resource management software

Check #1

A resource master that requires you to define skills and competencies consistent with tasks to be carried out across all types of projects is a must. The software should provide resource master configurations as per industry needs.

Check #2

The software should provide for building a taskmaster that is used to prepare work breakdown structures(WBS).

Check #3

The software should have built-in functions for resource request, allocation, and assignment automatically derived from project WBS (work breakdown structure) and planning. 

Check #4

The software should have resource request mechanisms through both hard booking (existing projects) and soft booking (for projects expected in near future with a high degree of confidence).

Check #5

The resource management software should provide real-time resource utilization and forecast as per evolving situations and the progress of projects. For this purpose, it should have interfaces with timesheets, leave information, etc.

Check #6

The software should have a real-time bench management function.

Check #7

The software should provide resource calendars based on all the above.

Check #8

The resource management software should present ‘A Single Version of the Truth ’ to all departments and it should support collaboration among project managers, the resource management group or project management office, and the talent acquisition team.

Check #9

The resource management software that you select should be a part of a Professional Services Automation (PSA) software that allows you to continue your digital transformation journey to cover opportunity-to-cash cycles.

That’s a long list! Does such software exist? It does. 

ProductDossier Resource Management Software is the software that you need. Deploy it in less than two weeks and master the art and science of resource allocation for successful project management. Let’s show you how. Please write to us for a demo at [email protected]

ProductDossier

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ProductDossier - The makers of TouchBase PPM solution, that is configured specifically to the needs of your industry and organizational standards & processes. TouchBase is designed uniquely for external customer projects, new product development, and internal initiatives. TouchBase supports multiple project management approaches such as predictive, agile, and hybrid. TouchBase digitizes your project management landscape, offers holistic solution to your project management needs, and integrates with your existing enterprise applications such as ERPs, CRMs, Accounting, and others - to deliver one version of project management truth!

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