Apr 16, 2007
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Simplify Time Management with Project Management Software
Project management software can significantly simplify time management in an enterprise.
To get this benefit, make sure to look for a project management tool that centralizes timesheet data by project along with percent complete status of individual projects. This can provide a seemless picture of effort and labor costs on a project compared against where the project actually is.
This same feature set facilitates financial forecasting by giving managers up-to-date information to best estimate how many more resource hours will be needed to be complete a deliverable -and therefore, often time, send an invoice to a client.
Message Makers, a multimedia communications firm in Lansing, Michigan recently experienced these benefits with Vertabase Pro.
“Prior to implementing Vertabase Pro, it was difficult for us to effectively manage resource allocation,” said Chiung Cheng, PhD, Controller and Research Director. “We selected Vertabase Pro because it addressed our most essential need - the merging of project status reporting and timesheet management into a single function. Now, with Vertabase Pro, we are able to evaluate overall status instantly.”
To read more about their experiences, heres a case study on improving resource allocation with project management software.
Great post. Thanks.
Amanda
http://thetimemastery.com