Managing Projects Is Hassle-Free With Cloud-Based Project Management Software
As your construction business grows, you have more and more projects to manage. While you do have the option of investing in extra hardware that can upgrade your IT infrastructure, you can explore the benefits of cloud computing with a cloud-based project management software.
Why infrastructure matters for project management?
In the project management industry, there are many businesses who stay abreast of the latest technologies. These companies plan their upgrades to deliver projects that are cost-efficient and manage to gain greater profitability than other projects. Why?
The reason is simple, the other companies want cost-efficiency but wait too much before upgrading their IT infrastructure. By the time they upgrade, the technology has changed. Then, they start thinking again. Meanwhile, the ones who moved forward have already benefited from their earlier upgrade and are ready for the latest upgrade.
But wait! This doesn’t mean that you should be pouring in money on technology without a vision. The project management businesses that succeed make it a point to plan their upgrades for a specific number of years. These upgrades are designed in such a way that companies can scale it as per the ROI period they have planned for the upgrade.
Cloud-based ERP solutions for project management are planned by businesses who want the benefits of streamlined processes without investing heavily on hardware. A scalable and flexible project management ERP such as OMNI ERP utilises the power of cloud computing to enhance business processes for every phase of project management.
As per research, cloud ERP solutions were preferred by businesses who were looking for more features and functionality along with cost savings.
Smoother project workflow with an ERP
Let’s find out how cloud-based project management software can help businesses to manage operations efficiently at every stage of the project management phase.
- Project Initiation Phase
The initial discussions take place in this phase. What is the purpose of the project? Note down the project goals. Brainstorm ideas with your team members to reach the desired project goals. Discuss with your project team the possibilities of how to execute the project.
A project management solution offers a common platform for all team members to collaborate from various offices across the globe. The senior team members can select the best idea from the discussion and give a go-ahead to the project.
- Project Design Phase
Here, the project goals are refined. Construction blueprints are created, shared and reviewed. It is determined whether the chosen path is a viable option.
- Project Planning
In the project planning phase, the detailed project plan is created. The different phases of the project from launch to execution are finalised and a pre-construction project report is created.
Post-approval, the proposals for outsourcing work are invited from vendors. The ERP project management software can be used for enabling vendors to send proposals. The project owners can compare the quotes of vendors on their dashboard and assign work to select vendors.
- Project Launch and Monitoring
Once all the approvals are in place, the construction work begins. In this project management stage, the ERP for constructions gives a clear picture of the ongoing work to project managers and project owners through real-time tracking.
All the project related documents can be exchanged using the project platform instead of innumerable emails. With email communications, important documents may get missed out in a clutter of emails. However, email notifications can be set to intimate project owners regarding important updates.
- Project Closure
Once the construction work is complete, the project should be closed in a systematic manner. All the certifications, approvals and important project document need to be appropriately recorded. If project management companies have completed the project for a project investor then all the documentation have to be submitted to the project investor with a project closure report.
Earlier, handling the paperwork was more stressful. Now, with a project management ERP, you just need to select and download all the documents in a printable format and print it for submission. You can even send a consolidated report via email to your recipients directly through the construction ERP software.
At the end of the day, an upgrade such as an ERP for project-based businesses can assist project managers to easily work with functions such as time tracking, budget tracking, resource planning, task management, collaboration with teams, reporting and much more.
Smoothly run your projects with OMNI ERP, a cloud-based software used by leading construction project management companies.
To plan an IT infrastructure upgrade to cloud-based ERP, contact ___________