How small business can benefit from project management
- 1. How Small Business Can Benefit From Project
Management
The world of business can be tough for small businesses. The big companies have big budgets
and all kinds of connections that small business doesn’t have. As a small business owner keep in
mind that big companies were also once small companies. Every business has to begin
somewhere. Your small business can have an edge even while it’s small. Project management
software can really benefit a small business.
What is Project Management?
The term is really general even though it is also used to describe various software programs. For
example, scheduling software that helps you set up client appointments, financial software that
helps you track funds coming in for various projects, and then there are the full project
management software programs that have all kinds of software rolled under one roof. For
example, scheduling, task lists, invoicing, project assignments, customer leads, customer
database, inventory, campaigns, blogs, etc.
Improved Efficiency
Project management software will help you get things done on time and on budget. This might
mean scheduling employees to finish a task by a certain date, attending meetings, paying
company bills, and make sure resources are used in the best possible manner. You’ll have real
time data and you can create custom reports. By improving your efficiency, you improve the use
of your resources, and that can lead to reduced costs, and improved profits.
© 2011 SaaS Project management Inc. All rights reserved
- 2. Fewer Errors
You can use project management software to reduce the number of errors. The number one cause
of client/customer loss is because of mistakes. Clients/customers become frustrated, then mad,
and look elsewhere. If you have software that tells your employees your processes – the when
and how to handle customers under every situation. It also will track when clients/customers call
or email, what their problem or complain is, which employee you assign the client to, etc. Your
employees will also be able to quickly look up the answers to specific questions and that will
make your clients/customers happy.
Respond as if You Have Numerous Employees
One thing that large companies have over small companies is staff. Small companies often have
only a few employees, while large corporations can have thousands of employees. That means
you have to do the same with less. Project management software can help you compete when
you have far less employees than the big company. The use of project management software can
ensure your clients/customers are kept happy because you can handle their needs as quickly as a
large corporation.
Project Management Benefits Your Small Business
Project management is just that the management of projects. To manage a project you much
identify the key elements and then managing those key elements. You will need to determine:
What needs to be done = the scope
How you are going to do it = the mandate
How you will achieve it = the approach
What resources are necessary
Who will perform the tasks = resourcing
What can potentially go wrong = risk management
© 2011 SaaS Project management Inc. All rights reserved
- 3. As the project manager, you will determine the scope of the project, the budget, the
requirements, and the schedule. You’ll be managing and leading your project team, make
decisions, and plan, monitor, and control your team from start to completion. Project
management software will make it all easier and make you more efficient.
© 2011 SaaS Project management Inc. All rights reserved