How to create an effective Request for Proposal (RFP) for seeking software development?

Request for Proposal (RFP) Today, there are no businesses that are not impacted by software and technology. Irrespective of the size of companies, leaders must manage the process of buying software services. Unlike physical products, procuring software services, and the subsequent software project management is not everyone’s cup of tea! Through this blog, I intend … Read more

The Many Interpretations of Order to Cash (O2C) Process

Order to Cash (O2C) Process Through this blog, I intend to: Let us start with a basic question – what does the O2C process stand for? Before answering the above question, I would like to break this blog into three parts. Part 1 Organizations try to accomplish their business objectives through strategies. Strategies are executed broadly … Read more

Cost Estimation and Budgeting in Project Management

Cost Estimation and Budgeting You may be delivering a professional services project for a B2B customer or a new product development project. It might be an internal project to improve the productivity of a functional area through an automation tool. Let us face it. Irrespective of the nature of your project, businesses and their leaders … Read more

Project Management Software for Professional Services

Project Management Software The opening lines of the book Good to Great by Jim Collins are extraordinarily grand and shocking. It states: Good is the enemy of great. Most companies worldwide are contented by being good. They don’t aspire for greatness – this is true for professional services firms too. The next obvious question would be – Why don’t … Read more

Why is Resource Management important?

Resource Management Software From machinery to facilities, resources could constitute nearly anything in an organization. For a construction company, resources could include special tools or equipment. In software companies, they include developers, hardware, and software, while in event management, venues and caterers are resources. Basically, resources are anything required to execute a project or a … Read more

Why Timesheet are Important?

Timesheet Management Software We have come a long way since the industrial revolution to the technological revolution that we are part of – today! During this period, businesses have evolved too; new ones have taken shape. However, one aspect of the professional life that has not changed much is – the discipline of employees to … Read more

Why do you need Project Portfolio Management Tools?

Project Portfolio Management is concerned with the process of selecting projects and programs with an objective to optimize ‘business value.’ In general, organizations need sophisticated Project Portfolio Management Tools to manage the associated complexity. Let us consider three scenarios of your organization undertaking projects. Your company maybe – Have you ever wondered how your organization either approves … Read more

Understanding the Dynamics of Project Management Software for Automotive Industry

Dynamics of Project Management Software for Automotive Industry. The automobile sector has always been a powerful specifier and testing ground for managerial innovation. Mass customization, quality, and standards are the few prominent factors that shape the automobile industry. Owing to the advancing numbers of facets and assembly lines, the time to develop a product has … Read more

Agile Project Management Tools

Agile Project Management Tools If you are working on anything to do with software or technology, I presume that the term Agile is not new to you! By the way, many industries other than technology have embraced Agile. It may be interesting to note that Toyota was one of the earliest companies to imbibe Agile … Read more