blog

Projects go through three broad phases – (a) portfolio analysis and business case justification (b) project initiation & planning (c) project delivery.  At each of these stages, effective enterprise resource planning through industry-leading resource management tool act as the catalyst for value and cost.  In a hyper-competitive business world, the need for cost optimization was … Read more

How to be a more effective project manager? This question has been bothering the project management fraternity since the advent of formal project management. Organizations continue to figure out the magic formula (if one exists ????) to create effective project managers. The advancements in technology have given rise to sophisticated project management software. However, let … Read more

Let us face this. The aim of a business enterprise is to create stakeholders’ value. In most cases, value culminates in the form of revenue, revenue growth, profitability, profitability growth, and market share – in comparison with competition and industry growth. It is a no-brainer that prudent finance management is the hallmark of great organizations. … Read more

It is common to hear leaders of professional services companies comment that even though they are more qualified to perform work for customers, are being underbid by competition. There are other leaders who are underbidding but leaving them to struggle for growth. If you fall into either of the categories, you must explore a stronger … Read more

We are living in a global project economy, characterized by work that is visualized, planned, and executed with the discipline of project, program, and portfolio management. However, the Organizations rely on top-notch Project & Portfolio Management Software (a.k.a. PPM Software) solutions to meticulously plan and flawlessly executed such levels of complex initiatives. scale, complexity, and … Read more

A study by McKinsey indicates that most industries are either facing or are expected to face different levels of perceived instability of the business environment. Different types of Professional Services are also expected to face the wrath of the future instability triggered by factors including technology, global competition, regulations, compliance, information security, and others. While … Read more

The automotive industry is set for a transformation as millions of electric vehicles hit the roads in the next decade. Additionally, automobiles are embracing software technologies with open arms. The implications of these shifts for automotive OEMs are expected to be phenomenal. The marketplace is ripe for enterprises that are ready to seize the opportunities … Read more

On projects and programs, all roads must lead to profits and cashflow! Living in a highly competitive world, delivering strategic programs and projects is futile unless backed by financial alignment, cost discipline, and superior profitability. The pressures of managing costs and expenses are here to stay. Business leaders have little influence on revenue; they could, … Read more

Timesheet Management Software – The key to accurate project resource and cost management! One of the key components of cost management is the way companies manage human resources. Three important dimensions of resource cost management are: Without a robust Timesheet Management System, business leaders would find it extremely tedious and complex to manage resource cost … Read more