The Two Big Benefits of Project Management Software for Small Businesses

The Two Big Benefits of Project Management Software for Small Businesses
domailleengineering.com

The modern small business owner understands that trends come and go. It often feels like we can’t go a week without a new buzzword or potential marketing snake oil that promises to transform our businesses overnight.

In the midst of so many flavors of the week, however, there have been trends which have stood the test of time. For example, understanding the process of project management has become an absolute necessity for many online businesses, especially those in the tech field.

Project management as has evolved in recent years, mostly due to the ever-changing world of software development and business technology. The need to invest in software specifically for project management has been the subject of debate amongst businesses who simply see it as, ironically, a potential waste of time.

However, consider the potential cost of poor project management as noted by Gallup, who uncovered some shocking insights including...

  • Inefficiency regarding project cost and time could be costing the IT sector between $50 billion to $150 billion annually
  • Many projects fail due to unnecessarily rigid guidelines and a lack of quality control
  • More projects succeed when workers make emotional connections with one another and keep the lines of communication open

The integration of project management software such as Trello is most definitely a smart move for small businesses; however, reaping the benefits of such software only comes after you know what successful project management looks like. If you’re brand new to the field or are already considering your PMP certification, keep the following in mind in order to reap the benefits of your project management strategy.

How Software Can Be a Time-Saver

The primary reason that businesses turn to just about any software is to make their company swifter and more efficient. Used properly, project management can do just that. For example, such software allows businesses freedom and flexibility by…

  • Eliminating needless check-ins or meetings, which are noted to be potentially huge time-wasters for many small businesses
  • Allows for more access and collaboration when working remote employees by taking advantage of features such as document sharing
  • Some software helps to keep track of project costs, budgets and risks: access to such information can help you plug holes in your project strategy and save time in the future

The key to efficiency through such software is by treating it as a tool integral to your business. Remember, good project management is about saving time, not wasting it.

Transparency and Accountability

Effective use of project management software helps eliminate the age-old question of “Who’s working on what right now?” In short, such software can quickly define…

  • Each team member working on a project and their respective roles within the project
  • How long a project should take, step by step
  • Which step of the project each member is on, and when they got there

Understanding these roles helps to build a sense transparency and accountability within your organization, as everyone is aware of each other's part to play in regard to completing the process.

Some organizations or individuals may see this as a means of micromanaging or singling workers out; however, this does not have to be the case. Instead, frame the use of software as a team effort, emphasizing the need for collaboration in order to successfully complete a task.

Don’t doom your projects for failure by removing the human connection to your management strategy. In short, team members’ well-being in mind and have realistic expectations along the way.

Proper project management does have the potential to transform the way that your team tackles new challenges. By focusing on collaboration and quality when it comes to your process, project management software may become one of the most important tools in your business’ toolbox.

Similar Articles

workplace

If you own or manage a business, the well-being of your employers should be a top priority. Whether you’re a small business or a multinational conglomerate, maintaining a healthy workforce is essential. 

Business Consultant

Business consulting is an excellent option for anyone who has a wealth of industry knowledge that they want to share with people. Whether you want to want to work with a particular company, within an agency or yourself, here are our tips for how to become a business consultant.

 

Big business lighting

Commercial lighting is often deemed unimportant by business owners. The truth is, lighting levels are important, whether you own a coffee shop or a warehouse. Therefore, lighting solutions should be innovative and strong enough to meet the demands of your big business.

General Contractor

If you are planning to find a contractor for a construction project, there are many factors that determine who will be the most suitable contractor for you. In this article, we are going to discuss the ways in which you can find the right general contractor.

Tips for Helping SMB and Startups Change Their CRM for Rapid Business Growth

Change is never an easy thing, even when you are aware that it is absolutely necessary to improve your situations for business growth. Now while the familiar is always a comfortable proposition for anyone, sticking with the things that we have always done is most often the fastest killer of advancement.

Why Best Practices In Post-Purchase Experience Of the Customers Is Needed For Eliminating Churn

It is a well-accepted fact that existing and repeat customers are of more value to any B2B business than the fresh and new ones, although in a recent report from BRP (Boston Retail Partners) e-commerce retailers still pay attention to acquiring the later ones.
 

Keys To The Governance Of An Effective CX Program In This New World

As businesses are reopening slowly and finding some resemblance of “normalcy” creeping back into their customer’s lives, now organizations are faced with a golden opportunity to find and define success in a post-COVID-19 world.

find the best firm to develop the best custom CRM solution for your firm.

It is not the most difficult time for trade and commerce, even though there is huge chaos about it. A good brand will always have customers following and buying from them. Now, how does a brand become good and others average or even below that? 

 

Ways CRM With AI Capabilities Can Understand The True Intent Of Your Customers

What is/are the real need(s) of your customer? What do they really want? This age-old question which has beguiled many has nevertheless taken an added urgency in today’s tech-driven digital economy.