What is Project Management?

Project management refers to the process of leading a team to achieve all projects goals within given time constraints. Managing a project involves creating a plan to achieve the project’s goals and deliverables. This requires the identification and management of the risks, resource management, budgeting and clear communication between teams and stakeholders.

What is a Project Management Tool or software?

A project management tool lets you organize and delegate work in one place with tasks, subtasks, folders, templates workflows and calendars. Project management and program management go hand in hand. It is necessary for project management tools to track projects at a higher level and see how they relate to each other. Project management tools can include:

Who will use it and where to find the Best Project Management Software?

Project management tools are versatile and can help all industries. There are many industries where project management solutions can be used. Despite their differences, both rely on a couple of project management software must-haves that are crucial for workflow success. Read on for more reasons why you should invest in these tools. Below is a list of the most common industries that utilize PM software and how it benefits their specific needs.

  • Flexible work Views
  • Cross-Functional resource management
  • Dashboards
  • Reporting
  • Gantt charts
  • Timesheets

Why is project Management Software Important?

Project management software allows businesses and individuals to track projects, tasks and schedules. Your team will stay on task and stay organized with this method. By optimizing the entire workflow, developers can be more productive, and the application can be launched in less time, which results in higher profits.

A project management system is essential for most businesses. The essence of project management is to establish an objective and then control the variables along the way until we achieve our goal. Enterprise Resource Solutions (ERP) plays a key role in that process. ERP systems can help businesses improve their project management capabilities significantly.

Implementing ERP systems in companies for Project Management helps to organize, manage financial and human resources in order to meet the objectives within a specified budget and timeline most effectively and efficiently to ensure smooth and successful business management.

How Implementation of ERP in project management can help:

Visual Project Planning:

Plan projects to their micro detail, by phases, deliveries and tasks. Use whichever interface you are comfortable with, Gantt, spreadsheet or Kanban board.

Management of stakeholders:

Whether it is internal teams or vendors, assign roles, task owners and have clear visibility into the status of jobs taken on to your vendors and subcontractors.

Communication & follow up:

Setup automated notifications and reminders on task levels, or set up alerts on phase deadlines, for effective communication and follow-ups with team members.

ERP Project management provides you with the technique to effectively manage people and work involved in ERP projects and help ensure ERP projects implementation on time and within budget.

Tracking & Insights:

Gain a comprehensive knowledge of all your ongoing projects and schedule important events and milestones and track progress.

Advantages of ERP in project Management:

Management is an important tool that provides guidelines and techniques to ensure projects are successfully managed and are delivered on time and within budget.

Risk Management:

Identifying “Potential risks” in the planning phase allows them to be mitigated early and ensures no deviations in the project.

Ensure ERP Implementation Success:

Implementation within budget and on schedule is assured since initial planning and preparation are meticulous and systematic.

Improve Coordination:

Making sure there is a proper plan that improves communication between the ERP vendor, stakeholders, and management staff.

Within Budget and Deadlines:

Having clearly defined budgets, timelines, and milestones makes it easier to measure progress and keep on track in order to avoid deviations and delays and to make course corrections if needed.

Kagami for Project Management:

Kagami is an AI powered auto-code ERP platform with Low-Code or No-Code concept which is way ahead of traditional and monolithic ERP platforms in launching industry agnostic, complex functionality and business solutions quickly.

We help your businesses optimize and automate your manual processes using custom-built tools 10X faster and 60% less resources all with zero code.

We have ventured in many industries mainly manufacturing Sector, Automobile Industry, FMCG, Retail Sector, Non-Financial Banking Sector, Information Technology Sector, Travel Sector, Food & Beverage Sector, Entertainment.

What are you waiting for? Write to us at sales@kagamierp.com and let us help you grow your business. now… sales@kagamierp.com