Project management is one of today’s fastest growing careers. The Project Management Institute predicts that employers will need 88 million people in project management roles by 2027.
The challenge? Businesses waste $97 million for every $1 billion invested in projects. These numbers suggest that many project teams don’t get the basics right. And with millions of people projected to join the industry, the likelihood of adopting poor project management practices increases.
Note: This article was first published on Sept. 6, 2013 and was updated on Dec. 22, 2016. GetApp updated it again in 2018 to reflect the latest user reviews.
There are lots of great cloud-based project management and planning software tools. But not all of them have mobile apps that are accessible from an iPhone or iPad, let alone apps that get rave reviews from users.
The ability to access, contribute to, organize, and edit projects on an iPhone or iPad is a huge asset for project teams. It’s essential for any business using project management software, especially when you consider trends like BYOD (Bring Your Own Device), which let employees use their own phones to access work data.
Small businesses will spend nearly $602 billion on IT software and services this year. If it wasn’t already clear how important (and expensive) software is, that number should seal it. When small and midsize businesses (SMBs) invest in software, the last thing they want is for that software to change. That’s why some users of Atlassian’s software tools were shocked to learn last month that its communications apps—Hipchat and Stride—will shut down soon.
There’s a trick to hitting project milestones that doesn’t demand a series of all-nighters. If you’re worried about missing a hard deadline, you can cut the scope of a specific task. This is especially true if your milestone includes some nonessential tasks.
This advice might seem counterintuitive. After all, delivering what you promise is a key aspect of project management. But there are times when de-scoping project tasks isn’t just acceptable, but necessary to meet milestones.
Business owners pay a high price for projects that don’t deliver. Research from the Project Management Institute shows that businesses waste $97 million for every $1 billion invested in projects. Meanwhile, the expectations for project delivery are higher than ever before. “Go live” is no longer the main metric; “advance business strategy” is.
There’s an overwhelming amount of project management software. To give you an idea of how many tools exist, GetApp has 18 separate directories under the project management umbrella. Even when you’re shopping for specific software (for example, tools to manage Agile projects), it’s still overwhelming for small business owners to choose which software is the best fit for their needs.
So, it won’t seem helpful if we introduce another tool: Project portfolio management (PPM) software. With so many project management software options, why add PPM to the crowded ring of contenders?