Project Managment software (1)

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Get Best Project Management Software
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4 Basic Principles of Project Management
How Project Management Tool Helps Sticking To
Basic Project Management Principles

• Each project is unique in some or other way. it
  has its own challenges, objectives, methodology,
  team composition, stakeholder, etc.

• However there are few underlying principles that
  defines and governs project structure, work.

• Depending on how these principles are followed,
  project success can be traced and evaluated.

• Organizations can consider using project
  management tool to facilitate to follow these
  project management principles in a structured
  manner.

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1 Project Objectives and Goals Deliver
Business value

• Well before a project planning kicks off or even
  before it gets started, primary stakeholders like
  sponsor, project manager, project planner,
  customers should highlight project objectives and
  goals.

• It is important for stakeholders to understand
  what we want to achieve from this project, the
  objective behind doing a project could be cost
  reduction, improvement in customer satisfaction,
  better reporting, etc

2 Time Management Ensure Product, Service,
Market Relevance

• The most emphasized element of project
  management project timeline how and when
  project is delivered. Project management system
  enables project planners and managers to define
  work breakdown structure, create track project
  schedule, define task list, task dependency,
  milestones, check resource workload, automated
  reminder to project team members for due tasks,
  showing task progress in Gantt chart and
  dashboard.

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3 Cost Efficiency Drive Profitability and
Sustainability

• Project cost is vital from financial perspective
  since every project needs to be funded by its own
  organization or client.

• And whoever is sponsoring project, want to see
  the bang for bucks, see the return for his
  investment.

• The ability to have enough budget for project in
  order to execute it despite of risks and shocks,
  estimating project cost reasonably before budget
  is allocated, tracking project cost on an ongoing
  basis to keep it within budget and importantly
  drive project towards profitability (accounting
  earned value, tangible/intangible benefits).

4 Risk Management Minimize Vulnerability and
Tap Opportunities

• Risk management is often followed as a
  conventional and mostly a routine exercise
  without realizing that it is an important element
  for managing project.

• Merely having a spreadsheet to represent risk
  register and having stale entries in this
  spreadsheet represent a sorry state of project
  management.

• It may be a strong statement but for fairly large
  projects and project where significant financial
  investments are made, there can be no excuse for
  not managing project risks.
• Project risk management is necessary for prudent
  project management.

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Benefits of Using Project Management Software

• Project management software provides small to
  large businesses, who undoubtedly juggle a number
  of tasks, with a solution that helps keep them
  organized.

• There are a wide variety of project management
  software packages available, including web-based
  applications accessible from any location.

• Each software boasts its own set of features, but
  they all share common benefits businesses can
  appreciate.

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1 Collaborate on Projects

• Employees are often assigned individual tasks
  that are a part of a larger project an entire
  team is working to complete.

• Project management software gives employees a way
  to collaborate on projects by sharing documents,
  timelines and status updates.

2 Delegate Tasks

• As a business owner, you likely weigh the
  knowledge, skills and abilities of employees
  before delegating tasks to them.

• Use project management software to easily
  delegate tasks to the appropriate employees.

3 Stay on Schedule

• Project management software lets project
  managers add a start and expected completion date
  to projects and tasks they include in the system.
  

• This information alerts employees to upcoming
  deadlines, allowing them to manage their time
  appropriately to complete tasks before or on the
  listed due date.

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4 Track Projects

• Keep track of the progress of projects with
  project management software. The software will
  let you know what's been completed, as well as by
  whom, and what still needs to be done.

• Employees can provide updates as to what they're
  working on and share their updates with the
  project manager and team members. The software
  eliminates the need for status update meetings
  and emails.

5 Provide a Snapshot

• When training new staff members and introducing
  them to projects your company works on, project
  management software offers a snapshot of the
  project you can share to get new staff
  up-to-speed.

• The snapshot allows you to show employees the
  project from start to finish, give them
  background information and let them know how the
  project will move forward.

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6 Communicate with Clients and Vendors

• Project management software enables businesses to
  share and collaborate with clients and vendors in
  addition to employees.
• Companies using project management software can
  provide their clients with usernames and
  passwords giving them access to project files.
• Clients can give feedback, make edits and review
  progress. CNN Money asserts that, because
  businesses need to be connected to vendors and
  clients, project management technology is
  essential.

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About us

• We, the co-founders of Zilicus, were working
  together in RD unit of Parametric Technology
  Corporation that offers CAD, CAM, CAE software
  along with Product Lifecycle Management (PLM)
  solution.
• In this company, we worked with customers from
  US (Aerospace, mobile, Technology co.), Europe
  Japan (Automotive, technology co).
• We realized how these organizations greatly
  benefit from PLM kind of solution which
  significantly reduced Time-To-Market (TTM) of new
  products (NPD).
• It was pretty clear that the factors which
  contributed to success/failure of product launch
  for these companies have been collaboration,
  right resources were provided with right access
  to correct knowledge i.e.

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Contact us
3422 Old Capitol Trail652,Wilmington, DE 19808,
USA  1-832-460-1101 sales_at_zilicus.com http//zil
icus.com/