Exceeders Blog

How To Find The Right Project Management Tool For Your Business

Written by Yamini | Sep 6, 2019 9:54:00 AM

There are many choices available when it comes to planning a project. To-do style apps are fantastic for organizing private tasks. But a dedicated project management software is needed to organize the workload of an entire team.

That's why it's so essential to choose the right project management tool. The right tool affects the performance of the project and helps the project manager to deliver on the time. It can effectively accomplish or impair  a project.

 

Why do you need dedicated software for project management?

A project management software assists with each phase of running a project: from planning and scheduling to resource management and cost control to reporting. It also allows communicating and collaborating with teams. Moreover, it generates transparency for stakeholders and members of the group.

Project management software enables project managers to efficiently organize the project from beginning to finish. It equips them to gain a hold on what is supposed to occur during that moment, when it should occur, who and how.

Because project management software enables project managers to centralize all operations linked to job and project in one location, they become more structured and controlled. The correct tools make managing tasks much simpler.

 

How to choose the right software for project management

Since each project and each team is distinct, there are no one-size-fits-all when it comes to project management tools.

Here are the key things to consider before making a decision.

1) What Are The Needs Of Your Team?

Teams consist of distinct ability sets and job practices, resulting in the need for project management tools with diverse sets of characteristics.

Team size, company nature, and project complexity will influence the sort of project management software you need.

Some teams need only a basic device to assist maintain track of particular duties or lists of assignments. Others (e.g. small business, HR, administrative activities) could profit from extra characteristics such as assigning tasks, monitoring progress and reporting. Companies requiring competent and business-critical PM operations (e.g. system integration or consulting facilities) will need wider functionality including job assignment, resource allocation, budget scheduling and invoicing.

2) What Are Your Business Challenges

Sometimes it is difficult for team leaders to articulate precisely what they need from a project management tool. They won't inform you, "Hey, here in marketing, we need stronger task management and reporting system!" Maybe you need to sit down with your team to chart how the job is being accomplished to find out where the inefficiencies are.

There's a method there? Or are the difficulties resulting from the absence of a cohesive system that everyone knows and follows? Do members of the group understand where to search for data or who to go for issues and help? Is there adequate accountability included in the method?

You can describe the particular project management software characteristics after you know the present problems that can best assist you to streamline your method and boost productivity.

 

3) What Do You Need From A Project Management Tool?

Make a list of all your team's needed features. Consider what alternative you're going to use for. Need characteristics like customization options, levels of access? Will you use it for planning and scheduling purposes only? Do you need characteristics for reporting? Make a precise inventory in a project management software application that represents everything you need. Besides, verify whether there are any conditions for accordance.

 

4) Who Is Going To Use That Tool?

Who uses the tool is as important as what it should have features. Are your stakeholders in-house or external? Management of projects in-house could benefit from a less formal approach. If you work with different clients then it is necessary to look professional. It may also be a good idea to estimate the size of the team roughly. Smaller teams may need a simple solution. On the other hand, enterprise software could be a better solution for big teams.

 

5) What Methodology For Project Management Should Be Consistent With?

There are different approaches to manage a project. Without attempting to modify it, the fresh approach should sustain your present methodology.

Proactive Methodology

According to a proactive methodology, such as the waterfall method, proactive work teams emphasize record keeping and a well-defined workflow in a linear system. This methodology relies on setting dependencies and prioritizing them.

It might sound like design, initiation, evaluation, layout, construction, inspection, execution, and retention in the event of website development.

This methodology enables expectations to be managed easily and ensures that the job is accomplished. Each member of the group operates on a distinct aspect of the project and functions and duties are delineated.

Reactive Methodology

Reactive work teams using methodologies such as (Agile, Scrum or Lean) are more versatile to manage their workflow, but often have little understanding into what's next. Team members often don't understand how much to finish.

Projects are initiated, divided into sprints, and project priorities are evaluated and tasks reassigned at the end of each sprint.

With no strong due dates, as the project grows in reaction to customer feedback or fresh findings, team and breadth could develop over moment. Software development and technical teams most frequently follow this methodology.

 

6) Do You Need Integration With Third Party Apps And Software

Some project management applications give extensive features including invoicing, communicating, monitoring time and monitoring expenses.

You can take care of all these functions within one software if you choose one of these applications and no longer have to change from software to another for various functions.

Bigger is not necessarily better, though. You may not need such complicated technology at all.

Alternatively, a simpler project management instrument can be selected and applications like Slack for communication, Dropbox for file-sharing or ResourceGuru can be added to schedule particular requirements. You can then use applications such as IFTTT or Zapier to connect these tools and the project management software.

 

Conclusion

To help everyone function more effectively and become more efficient, a project management alternative chosen with the requirements and processes of your team in mind is crucial.

When selecting your fresh project management software, be careful to suit the different characteristics to the demands of your company and the method of your team so that you can discover a tool that best serves your goals.

During the assessment and test drive cycle, do not overlook to involve your team members so that you can integrate their feedback into your selection method. This will not only assist guarantee that the software meets the requirements of distinct agencies, but also get the buy-in from your team to create a much smoother method of transformation and execution.

Are you looking for an integrated project management tool to help you keep track of projects and stay organized?