There are many things that can go wrong in project management. Without an efficient project management software holding it all together, the chances of projects going down the hill increase that much. It’s no wonder that project managers who don’t use project management tools often end up spending sleepless nights worrying about issues like:
1. Poor Budget Management
Without the project cost tracking feature of the project management software, it can be a nightmare for the managers to monitor the expenditures and savings of the project budget. Overhead costs can quickly spiral out of control leading to overspending. Smart project budgeting management is a crucial factor in successful project completion.
2. Insufficient Team Engagement
Project managers may not be school principals, but they still need to make sure that each of their team members is contributing enough time to working on respective projects. An online timesheet system is the most convenient way, for employees as well as project managers, to track time expenditures of employees.
3. No Way to Track Progress
For a project to complete as per expectations, it should also progress along as per expectations. Every project has certain end-goals, deadlines, and guidelines that it needs to adhere to. Project management software offers various reporting features that help managers keep close tabs on where the project is headed.
4. Sloppy Performance Monitoring
With no method to monitor project performance, project managers have no way to assess project quality. Performance reporting in project management tools gives managers the evidence they need to believe that project is indeed performing as well as it should.
5. Lack of Enough Visibility
A good project manager makes it a point to get involved in the nitty-gritty of the project operations, and not just oversee it superficially. A quality project management software gives such a manager the requisite visibility into the project proceedings to remain closely involved.