Project management encompasses both the planning stages and managing the work to get the deliverables achieved. Regardless of what project management methodology is chosen – traditional waterfall method or newer styles of lean or agile project planning – having strategic oversight of project management is crucial to its success. PM Today offers four essential elements to achieving “effective, efficient project management”:
- Clear communication
- Putting the best team together
- Taking advantage of outsourcing and working with other businesses
- Monitoring progress and performance
To accomplish the fourth step, PM Today highlights how project management teams need to collect and use data. When you track progress and performance, you are able to see issues and weaknesses in your work, which helps increase your ability to meet goals and work targets on time. PM Today explains, “It’s also beneficial to use data analysis, auditing and performance evaluation techniques to streamline operations and cut out unnecessary or time-consuming processes and steps.”
Tempus Resource by ProSymmetry scored second-highest for Project and Work Effort Management in the Gartner® 2022 Critical Capabilities™ of Adaptive Project Management and Reporting. Tempus offers customers an unlimited number of project attributes using more than 15 different data types and adjustable layouts to match business processes and preferences. Data from spreadsheets can be easily imported, with the ability to take real-time snapshots of all aspects of a project for future analysis, including project attributes, forecasts, milestones and financials. Additionally, Tempus enables users to manage a team’s time or FTE estimations to ensure the work can get done.
Tempus features including Roadmap Management, Portfolio Planner and What-If Scenario Planning can help project managers take project management to the next level. With Roadmap Management, project managers can easily see their projects grouped by portfolio, priority or another relevant aggregate to better understand where resource bottlenecks will occur before the portfolio work begins. When using the Portfolio Planner analysis tool, project managers can prioritize work and compare it to the team’s capacity. Project managers can answer questions such as when they will run out of full-time team members to complete the work, or when they need to look at outsourcing lower priority projects. Lastly, teams can run scenarios and plan more effectively using Tempus’s What-If Scenario Planning, which provides options and answers about the ways forward and uncovers opportunities within possible disruptions. For example, previously lower priority projects may become viable, or areas may be revealed with more open capacity. Tasks and dependencies are useful for planning the details of a project. Being able to answer the question, “What happens if this critical person leaves the team? What is at risk if we are one person short?,” provides much more potential for success. Additionally, project managers can plan for an upcoming year with confidence that the sequence of work meets priority deadlines and that a team has the people and skills to get it done.
ProSymmetry, a global leader in resource portfolio management, provides resource management solutions to large enterprises including many Fortune 500 and Global 2000 companies with its proprietary platform Tempus Resource. Tempus Resource, recently named in the Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting, is a purpose-built resource forecasting and capacity planning solution for strategic business decisions. With capabilities including bulk resource forecasting, skills and talent management, portfolio and resource capacity reporting and interactive scenario planning and what-if analysis, Tempus gives organizations actionable intelligence and cutting-edge analytics. For more information, visit www.prosymmetry.com.
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