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Showing posts from April, 2021

Business Continuity with a Cloud-Based Project Management Software

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Business Continuity can be termed an enterprise’s capability of maintaining its Business-As-Usual processes in case of any disruptions due to natural or unforeseeable catastrophes. The strategy covers human resources, business processes, assets and so on. Cloud Based Project Management Software A Business Continuity plan is the most important for every enterprise or an organization whenever any unusual problem occurs. It enables enterprises to carry a degree of flexibility in processes no matter what happens, and it affords a degree of adaptability to unusual changes in the management. Carrying out business continuity is important for all businesses as it helps the organization to keep growing its revenue streams and stay afloat even in the face of disaster Read more at https://www.productdossier.com/blog/details/0000000179

Opportunity to Cash Process : Bids & Proposal to Profitably execution of project

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Visualize a professional services business or any company that undertakes projects and programs for external customers. Generally called as Opportunity-to-Cash (O2C) or Quote-to-Cash (Q2C), we could split O2C as – Opportunity to Cash Process : Bids & Proposal to Profitably execution of project The life cycle of O2C projects and programs could be distinctly bucketed as – Bids & Proposal Management Project Planning Project Execution Organizations continue to struggle to deliver O2C projects & programs — profitably! Read the full blog on  Opportunity to Cash Process : Bids & Proposal to Profitably execution of project

Importance of cost control in project management

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Think about this — Why should an organization invest in a project if profitability would be compromised due to poor  Project Cost Control ? Importance of Cost Control in Project Management Irrespective of the nature of the project and its objectives, cost control in project management is — and would continue to be an important measure of project success. Unfortunately, many project managers and team members are still not comfortable managing this dimension of project management — they are contented to focus on the technical aspects of their projects. Strangely, project  t eams do not realize that it does not make business sense to deliver projects when cost control is not assigned top priority. Read the full blog on  Importance of Cost Control in Project Management .

IT - Professional Services Automation

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Professional Services Automation There are lots of choices when it comes to selecting IT professional services automation (PSA) software . Do you go with a product recommended by a friend or choose the top selling brand? Do you have to spend a lot? What do you need to look for when choosing IT PSA software? Here are a few things to consider: Does the software automate all workflows?  If so, this can reduce cost. Typically, time is reported in unique spreadsheets by many different company employees. Someone collects the spreadsheets, and someone else uses the schedules to map them in the spreadsheets. In order to create a summary, you have to have the Workflow editor which can map the entire process of review and approval without using different software altogether. It should be this simple! When you are looking for a good IT professional services automation software product, make sure it has this capability. Does the software offer project reporting and tracking?  With the bes...

Notable Features of TouchBase - Project Management Software

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  A Proposal Management Software is the go-to solution for fast and error free Proposals. A good Proposal Management Software can provide you high productive results. Creating a solid proposal can prove to be a highly decisive point both for the success and long-term growth of the business. Interactive, detailed, and well-structured proposals help to gain a good coverage on better and huge business opportunities. So how to decide on which Proposal Management Software to go for? Creating a solid proposal can be a daunting task, it requires inputs from various departments, resources, etc. So, as it goes without saying creating a Proposal without the assistance of a Proposal Management Software it is a tough task to do. Below are some key features of a TouchBase - Proposal Management Software which can help you make your decisions even smarter. TouchBase - Proposal Management Software Read the full blog on https://www.productdossier.com/blog/details/0000000226

Project Management Solution for FMCG

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FMCG is a highly spread network around the word. When it comes to selecting the Best Project Management Software for FMCG there are various aspects to consider. Project Management Solution for FMCG Project Management is a very vital skill required in today’s day and age. There are different Project Management Strategies used for different Industries, but when it comes to FMCG industry specific TouchBase – Project Management Software for FMCG is the best streamlined software for the FMCG Industry. Read more at  https://www.productdossier.com/blog/details/0000000223   Learn more about the  Need of Project Management Software for FMCG Industry

Project Proposal Builder Software for Smart Business

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  A Proposal is the mostly the first work product your client will see from your side. It creates the initial first impression from the client and can impact their buying decisions. There are many Proposal Management Software for you to consider for your business, but which one should you choose? Proposal Management Software Here’s a quick guide on how a Proposal Builder can help make smart and interactive Proposals. Read the full blog on https://www.productdossier.com/blog/details/0000000185

Portfolio management for IT Professional Service Automation

  Previously we discussed about how PM software is helpful in the field of   IT Professional Services Automation . Let’s understand how Portfolio management is important and drives organisation towards success in IT Professional Service Automation. A major challenge faced by IT project and program managers in the field of IT Professional Service Automation is the effort required to establish a method for selecting, tracking, and controlling the projects within or assigned IT organization. Projects start for lots of reasons. There are business needs, strategic goals, performance improvement objectives, new business ventures, internal infrastructure enhancements and many more reasons. The problem is that sometimes organizations lose track of the projects in progress and in many cases, the justification behind a project is forgotten. Let’s start with Project Selection. It’s important to consider the needs of the key stakeholders involved. Stakeholders have different perspectives ...

Capacity & resource planning for Professional Services Industry

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  Being a Professional Services organization, you are most likely to sell one thing only or probably couple of services, but your consulting expertise is measured in billable hours and so on. Time management being the utmost requirement you must be having a place to measure and project how your resources are performing and being utilized. Here’s an in depth knowledge shared for   Capacity and Resource Planning for Professional Services Industry

Opportunity to Cash Process : Bids & Proposal to Profitably execution of project

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  The life cycle of O2C projects and programs could be distinctly bucketed as –  Bids & Proposal Management Project Planning Project Execution Organizations continue to struggle to deliver O2C projects & programs – profitably! When we take a close look at the causes of project failure, it would dawn on us that the seeds of project failure were laid either during the bid & proposal stage, or during the project planning stage, or the project execution stage. Let us quickly review the causes of project and program failure at each of these stages along with potential solutions. Read more at https://www.productdossier.com/blog/details/0000000221

Importance of Business Process Modelling Tools

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  To implement a new business strategy or a business model, there are many changes in the processes and the manner in which people perform their tasks. Business Process Modeling enables the top-level management and executives to ensure that the business processes are well aligned and efficient to facilitate smooth business execution towards achieving the goals of an organization. The major advantages of Business Process Modeling are : · Accommodate business processes with your business strategy · Enhance communication between processes · Improve control over the processes and consistency · Get competitive analysis · Improve task efficiency Read the full blog on Importance of Business Process Modeling

The Winning Project Delivery Environment

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  To guarantee project delivery success in today’s environment, a company or enterprise must recognize and embrace the need for  Project Management Software , provides an environment for project management excellence including tools, training, and support. It also utilizes best of breed project management software as well as techniques to ensure success. The secret for  Project Management  to be a success undergoes many circumstances. Earlier managing projects effectively was never as important as it has become today in the highly competitive turbulent markets. It becomes very imp o rtant for the organization to get accurate and up to date real time information about the status and progress of the projects, the top level managements (Project Managers) who have the right to take corrective decisions where they cannot rely on assumptions which may damage the structure and progress of a Project. Read the full blog at https://www.productdossier.com/blog/details/...

Why is product lifecycle management important ?

  Windows Vista. Google Glass. New Coke. Bisleri Pop. Suzuki Kizashi...! How many of you are still using these products? Forget about using it, many of you may not remember some of these brands even existed! Worldwide, companies launch hundreds of new products every year. The products range from everything we need from the time we get up till we sleep at night or even from birth to death! It could be toothpaste, a breakfast snack, beverage, mobile, software, mobile app, television, cooking-range, washing machine, automobile, and many more. Among other aspects, the success or failure of a product could be attributed to – product lifecycle management. Product lifecycle basics Product cycles are unique to products and the industry. In general, the term product lifecycle refers to the timeframe covers: Identification of a problem or a need. Developing the idea or concept. Creation of the design. A prototype is ready. Introduce the product into the market. Manufacture the product in bul...

Project Management Tools for Pharmaceutical Industries

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  Do you think that project management tools for pharmaceutical industries are critical to strategy execution? Yes! No! May Be! Not Sure! Let’s cut the chase! Here are a few buzzer questions! But it is important that you reflect upon them sincerely. How is your COVID-19 Vaccine project coming along?  How seamless and predictable are your business processes in this journey? How confident are you to be the first to develop and launch the vaccine?  Do you expect COVID-19 Vaccine to be your ‘cash-cow’ for the next few years? The global society continues to see the COVID-19 as one of the biggest events to have impacted life around them. The observation, ‘what is one man’s food is another man’s poison’ seems to be so true even in the case of COVID-19! For sure, almost all pharmaceutical companies worth their salt (and may be new ones too!), are currently working 24/7 to zip through the checkered flag in areas including clinical research, vaccine development, managing supply cha...

Need of Automated Timesheet Management Software

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  Why do you need a Timesheet Management Software ?   Employee  timesheet management software  is one of the important elements in Project Management Software. It helps managing time being spent on project by team members. It is helpful in recording daily activities of project team members. Though there is some amount of grumbling project teams normally do, if the amount of information they should record daily is granular. Project teams generally agree if the activities that they have to record daily are at a higher level and easily record-able as task descriptions. It benefits organizations in various ways as defined below: Organizations can track activities at absolute granular level. i.e. daily basis or in some cases at hourly basis or activity basis. Time spent on various categories across organizations help in organizing for future growth . It helps organizations in setting targets for group heads. Thereby being able to drive ...

Why Business Process Automation is Important?

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  Today’s economy requires organizations to take a pragmatic approach while managing productivity and costs. The mandate is to optimize efficient processes throughout the organization. In the ongoing search to improve IT productivity, many companies are looking at business process management (BPM) as a means to increase productivity and extend system functionality without requiring rewrites of corporate policies and procedures. The Business Process Automation Advantages BPM details how a business operates by analyzing the roles of personnel, areas of business, and processes. Business process automation (BPA) goes one step further by automating various aspects of those roles, areas, and processes to ensure consistent and repeatable performance. An important side benefit of BPA comes from capturing and preserving the business function knowledge of key individuals. This repository of business knowledge rewards organizations with increased productivity, a better understanding of the co...