Friday 9 March 2018

Spreadsheets and Project Management - Made for Each Other


We have seen a surge in Project Managers and IT Managers engaging with us for a Project Management Solution. And in our efforts to help them achieve their desired outcomes and ease their challenges we found them to be eager to move from spreadsheet management to true project management.

As soon as people hear – “Project” they run to open spreadsheets on their computers to start taking notes, making a plan, listing tasks and entering date and time information.

But the sad part is, these “source of information” become obsolete in less than an hour once they are live (read shared with the team).

Conventional methods are somewhat suited for rudimentary TO-DO list management or to maintain notes. They have never been able to keep pace with the evolving technology landscape.

They may appear to be cost savers in the short term, but the resulting cost of inefficiency is far greater than the dollars saved.

For every $1billion invested in the U.S.; $122million is wasted due to lacking project performance.

If you’re a Project Manager, read how a project management software can help and use this guide to make a case for investing in a solution that enables
  • Single pane of Organizational view
  • Data driven and analytical approach
  • Quicker & accurate decision making driven by real-time granular data
  • Unbridled clarity around business directives and organization goals
  • Centralized collaboration among workforce
  • Last mile integration of team(s) goals with that of the organization
  • Real time monitoring of key deliverables and milestones
  • Highly coordinated project planning and execution
  • Improved and automated clutter free communication
  • Well defined employee performance management and engagement
  • Highly motivated and productivity oriented workforce
Why Spreadsheets Don’t Work for the modern Project Managers

Multiple Versions

With a globally dispersed team of multiple members, everyone making edits to documents, it makes project managers spend a lot of time in consolidating updates to keep everyone on the same page.

Having multiple versions of a file shared by various team members make it increasingly difficult to understand what has been done, what needs to be done, and what needs to be done next.

As the project progresses, more data are generated, further contributing to the chaos. Instead of spending time adding value to the organization, project managers feel more like a “Spreadsheet Manager”.

Project management software solutions are almost always cloud-based, which means that team members and project managers can align around “one true source of information”.