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Project Management Planning - Top 10 Benefits
At Atlantic Global we have been helping business better understand there projects and resources for over 15 years. In this article we explore our top 10 Project Management Planning Benefits.
Project Management Planning Benefits
The key benefits of deploying Atlantic Globals Project Management Planning software are:
Generate maximum value out of resource activity - Align resources with the most profitable, important or lights on projects/tasks, reducing slack or waste and getting maximum ROI from each resource.
Training and Hiring at a strategic level - No business can operate at a constant maximum capability, the need to grow or shrink as demand fluctuates can make a huge difference to long term performance. Contractors, internal training and resource leveling all play a part in keeping the cost of resource management down.
Communication and collaboration - Working independently may be easy on small projects but when a large multi teamed, multi departmental project is undertaken, fast, accurate and audited communication between al parties can go along way to improving performance. Also allowing best practice and callaboration to occur between teams should keep costs and duplication of work down to a minimum.
Faster decision making through informed and accurate information - Seeing who, what, where and why for any given project in relation to your entire businesse portfolio all in real time is an incredible tool for aiding faster, better performing decisions, which are trackable and can be reviewed over time reducing risk.
Business savings and process improvement - From undertakning better project and program management your business can accuratly track its development making it easier to continusouly adapt and change to the environement and business needs. All this reduces slack, waste and poor performance which all adds to the bottom line.
Return On Investment - The reason most people are in business is to generate an ROI whether for themselves or their shareholders. All the points mentioned here add to a better ROI for the business as a whole whether through saving money, making money work harder or making more money out of all activities.
Customer Satisfaction - the no 1 business generator - Keeping a customer happy is the first and most improtant step to getting repeat business, so delivering accurate and realistic plans or schedules which over time are tracked and reviewed will help get the customers buy in and keep them happy. Even if projects do slip the customer will be far happier if they are aware and feel in control.
Getting paid for the work you do - It is not only improtant to keep the customer happy but also to get them to pay for all the work you do. Accuratly tracking resources, planning and scheduling projects will ensure that you will get paid for the work you do. Any scope creep or risks can be tracked and factored into the billign process, making every project you undertake more profiatble.
Align project with strategic objectives and business capability - Scope, identify and prioritise projects that align better with stratgeic objectives and the businesses total capability. Dropping porjects that do not add true value frees up resources and reduces waste. Awareness of project activities impacting you - Many project managers are very good at managing risks, issues, benefits, milestones and all the attributes that make up a project, but being aware of other projects they are not responsible for can aid in finding resources, reducing costs or waste and even risk. Solutions or help can become more apparent through better awareness of the business around you.
Additional features:
As well as Project Management Planning capabilities, Atlantic Global OnDemand offers:
