Countless companies fail to start projects with the outcome in mind, according to a report by the Project Management Institute. In
a global report entitled,
The Strategic Impact of Projects: Identify
benefits to drive business results, the institute found that “a staggering 83 percent of organizations lack maturity with benefits
realization.”
Identifying benefits is a key part of Agile project
management, and it is done so during what is often known as the Envision, or
planning, stage of a project.
Online project management software can often be
pivotal in assisting managers and teams to clearly understand their goals and
how to execute them.
The Strategic Impact report also found that
companies or groups that have a strong, stable track record of successfully identifying
the benefits
outlined at the beginning of a project “implement a communications
protocol in their process, which addresses how they record and report progress to stakeholders.” A project management software tool with a strong, transparent
communications platform assists teams and clients in driving results.
Online project planning with benefits in mind is
critical to any firm’s bottom line. The report found that globally, benefits
identification at the onset of a project would result in an international
savings of $112 million for every $1 billion invested in projects and programs.
Online project management software is a strong tool
for analyzing all the factors that comprise benefits identification, including the
drivers for the project. By doing so, value is quantified, and the stage is set
for a successful outcome.
Your Most Important Resource
Online project management software is an essential
tool for agile project management, but what makes agile work, or any other
approach, truly operate well? Its people.
A project management software tool
can do little unless you have the right team in place and allocate its members
intelligently, not only from the beginning of a project but throughout the
process.
PlanStreet is project planning software designed to assist you in
using the right people in the best roles from start to finish. In tandem, when
teams run well, client satisfaction usually follows. At PlanStreet, we
understand that people power projects.
Why Tracking Equals Success
Tracking is an essential part of agile project
management, and PlanStreet provides all the tools you need to do so. Our online
project planning software allows you to track everything from time and
schedules to budgeting, as well as a multitude of other financials.
PlanStreet
is a project management software tool designed to free up managers and teams to
do their best work in the most efficient amount of time. Our project planning
software cuts waste, overhead, and unnecessary costs by providing the most
up-to-date information at every stage of your project.
Whether you’re already
using agile project management, or transitioning from a traditional approach,
PlanStreet provides everything you need in one secure platform to track your
projects.
