The COVID-19 pandemic has created new challenges for businesses around the world, forcing companies to adapt to new work circumstances and revealing processes that no longer work in this new way of doing business. It has also exposed weakness in the technology solutions that companies have depended on for years.
Running a services business today requires modern technology that extends beyond point solutions and actually connects the business. Business leaders need a system that will help them manage every aspect of their business and be with them every step of the way as they grow and adapt to a changing market.
When a team member is hired, it’s most often to fill an open role or provide specific skills that are necessary for success. Whether in a management position or an individual contributor role, a person’s experience and capabilities are typically far greater than what is required for their role.
Herjavec Group is a cybersecurity firm offering comprehensive protection to minimize cyber attacks and threats for companies around the world. Learn how Mavenlink's resource management capabilities helped Herjavec Group increase utilization and productivity across their teams and projects.
In project management, it’s well known that organization is critical for success. The clear communication of goals, targets, and deadlines establishes the foundation for each team member to accomplish individual tasks in a prompt and productive way while keeping the overall objectives in mind. A project timeline is an essential management tool that chronologically tracks stages, intermediate milestones, and deadlines to keep all team members engaged and aware. When interdependencies and...
Every successful services business has a deep understanding of project budgets and what it takes to create an accurate budget and stay on target. While this may seem straightforward there are many complicating factors that must be taken into account regarding a project’s budget and keeping it on track. Success for a company demands a well-rounded knowledge of how to create a project budget that is realistic, achievable, and ultimately in service of healthy profit margins.
The shift to remote work across nearly every industry around the globe has fundamentally changed the sales process. From the first engagement with a prospective client to completing the transaction, sales teams must now execute without the many benefits that come from face-to-face in-person interactions.
Note: This is an excerpt from our ebook, “Outcomes Engineering: Your Winning Formula for Success.” Download the full ebook to learn more.
Do you know the difference between project outputs and outcomes? Outputs are the deliverables of a project or client engagement. Outcomes are the level of performance or achievement that occur as a result of the activity or services your organization provides. Outcomes are changes in behavior or conditions that reflect a positive impact, and are specific...
Managing projects is more complex than ever. With specialized skills, a wide variety of software solutions, and high client expectations, orchestrating the many different aspects of project processes can feel overwhelming. However, the advent of the project integration management process can help both project managers and the resources they manage stay informed from the beginning to the end of a project.
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.
RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the United States and Canada and is a member of the global accounting network RSM International. Learn how Mavenlink helped RSM improve their business processes and client satisfaction rates on a global scale.
Calculating resources in project management is one of the primary skills for a project manager. It depends on not only understanding project scope and needs, but also having detailed knowledge of how each team member performs, how the team performs together, and the typical feedback loop between team and client. Making an accurate prediction can be complicated but is important not only to bid the project accurately, but also to effectively plan for and execute a project.
CORE Business Technologies is a single source vendor that provides clients with world class in-person, self-service, and back office processing on a single platform. Find out how Mavenlink helped CORE improve their billable utilization and team productivity through critical resource management support.
The four stages of the project management lifecycle are initiation, planning, execution, and termination. The project management lifecycle is the predictable series of stages it takes to complete a project. This lifecycle acts as a high-level checklist for project managers, helping to detail which steps are necessary to successfully initiate, execute, and close a project.
Since each company and each project is different, the different steps in each stage of the project lifecycle vary based...
When it comes to setting goals in project management, many people think of goals related to keeping a project on time and on budget. While there is a lot that goes into keeping a project within those constraints—there is so much more to project management than just time and money.
In this article, we will discuss using project outcome goals to help make individual projects more successful, which will also increase the value of your work, and which project management performance goals will...