For years, companies across all industries have contended with and grown through the era of digital transformation. This era of transformation was focused on moving from outdated systems onto modern digital platforms designed to support organizations in ways that weren’t previously possible. However, the era of digital transformation doesn’t simply end when the majority of companies have completed that transition.
While resource management can sometimes feel time-consuming or intimidating to undertake, this stage of the project management process should not be taken lightly. The accuracy of your resource management not only dictates the timeline of the project but also the project’s profitability.
Keeping an employee effectively engaged and well utilized is a tricky balance. Underutilization can quickly reduce a company’s profits, while overutilization can wear out an employee and cause him or her to look for a new job. As employees work for a single employer for longer stretches of time, the likelihood that he or she will experience burnout increases.
At a glance, the objective of resource management seems like it’s all about planning and tracking resources used to complete a specific job. But in reality, resource management is about so much more. When used properly, resource management also has the ability to improve profitability, prevent overscheduling or under-scheduling resources, better predict job costs, make more informed hiring decisions, and improve the scalability of your company.
But to understand the breadth of resource...
If you’re working on writing a project proposal for a potential client or customer, you may be wondering what—exactly—your project proposal should include. While your actual project proposal will depend on the type of project, there are several key sections that every project proposal should include.
The modern workplace has experienced a revolution like no one has seen before. As executives, consumers, managers, and clients alike adapt to a digital environment, it’s more important than ever to keep remote teams connected both to each other and to projects. For leaders asking themselves how to keep their teams engaged in today’s ever changing climate, the following five practices are a guide to help keep your remote teams engaged, connected and productive.
This is part 2 of a two-part blog about how your business can improve client experience (CX). Read part 1 on communication and consistency here.
Most project managers naturally lean toward either waterfall or agile project management philosophies. Which you choose is probably dependent on how you experienced project management when you were first starting in the field, what types of projects you first worked on, and your natural comfort zone and approach to tasks.
As a worldwide leader in project and resource management, Mavenlink is continually updating our solution to provide value to you and deliver an exceptional client experience. We are pleased to share with you a roundup of the latest additions and improvements to our product.
The project lifecycle is a way of viewing the entirety of a project that establishes the steps to complete a project, helps maintain focus and momentum, and creates better defined high-level stages of completion. It helps to make sure different teams on a project can better coordinate their efforts while helping the project manager make more informed prioritization decisions.
What does the future of work hold in store for companies around the world? Understanding changing trends, new workforce demands, and the constantly shifting needs of industries can help organizations stay on top of the best ways to adapt and grow for consistent, predictable success.
To help businesses better understand and adapt to these changes, Mediaplanet's Future of Work has premiered to provide crucial insights.
Every consulting business has its own unique challenges across the services industry. However, successfully managing projects is a common challenge faced by every consulting firm. Finding creative solutions to delivering successful projects is the key to long-term success.
The ability to consistently and effectively manage the constant stream of projects that services businesses are delivering is critical for predictable and sustainable success. However, even the most skilled project manager can’t keep up without the aid of a reliable project management solution.
Being a successful agency requires consistent productivity. Productivity enables agencies to take on more clients, complete more projects, and stay as profitable as possible in a highly competitive industry. But what does it take to be truly productive?