Nitin Mittal Senior Manager, Assurance and Risk Advisory at Perfect Accounting .and shared services Pvt. Ltd. Read more…
Projects are undertaking to take a lot of elements together in a coordinated manner. Therefore, it is important that the different elements are put together to get the expected results. In order to do this, the managers used to make the budgets and schedules painstakingly for the different aspects of the business at hand. However, with the highly developed management systems developed for the correct deployment of the finances and the skilled workers, it has automatized the activities. These systems will help to give the managers much more opportunities to deploy multiple projects at the same time and also to handle the different people involved in them.
With several projects tracking software options available, both open-source and proprietary, it has opened up a world of possibilities for the project managers. They can track the different members of the teams and the tasks assigned to them easily from whatever remote location they may be based at. Syncing their in-house desktop stations with their mobile devices has enabled them to stay on track all the time. Not only does it make the entire process completely transparent, but it also ensures that the clients can also be given a standardized bill for services rendered and the firm has an efficient payroll system.
The software could be desktop or web-based; it is better to not limit the locations and facilities of the software so the choice of the web-based systems is considered the best. It should accord the ability to collaborate the efforts of the different stakeholders of the projects, but with varied access authorizations to eliminate risks of misuse. For an efficient Project Tracking Software, it is crucial to have a system for addressing different problems, as well as the management of different projects and the documents resulting from them. It is always better to choose a software system with an appropriate and a requisite number of features than one with more features that can be handled.