Enter Time Against Projects with Project Management Software

Why Project Insight

The management team established a set of criteria for evaluating project management solutions. The ideal solution had to be cloud based, easy to use, able to compare estimated costs with actual costs in real time, provide robust reporting capabilities and fit Pensanomica's budget.

• Met their established set of criteria
• Was easy to use
• Tracked resources and tasks very well
• Provided burn down charts

Management initially evaluated 10 vendors and had several online demo meetings. The list of vendors was eventually narrowed down to three, then to one - Project Insight. "The main reason we selected Project Insight, project management software was its ease of use," the CEO said. "Project Insight has great reporting features that allow us to track resources and tasks very well. The software also includes a central repository so we can organize projects with all documents in one place so all team members can access the most up-to-date project data along with any comments."

The Results

• Increased productivity with personalized dashboards because everyone knows their assigned tasks
• Improved communication with the central repository as all documents and data reside within the project
• Provided management with reports to compare estimated costs with actual costs to prevent missed deadlines and excess expenditures
• Showed burn down charts displaying a graph of work remaining over time

"With Project Insight implemented, all team members now have personalized dashboards, which increases their personal involvement," the CEO stated. "This has greatly increased our efficiency because each person knows what their assigned tasks are and what's required to execute those tasks." "The software has greatly improved communications between teams since they're now able to record everything within the software. Everyone involved in the project can read all the comments to keep up to date."

Another major benefit is the project managers' ability to compare estimated costs with actual costs. This prevents excess expenditures on a project. Also, the information helps the team to stay on track as they no longer miss deadlines because of poor estimates. By using time sheets, each team member enters time spent on tasks. This means that they can produce a profit and loss analysis for each project to determine exactly how much each project costs. Plus, they can learn from past experience.

"The time sheets were an unexpected benefit," said the CEO. "They're much easier to fill out than before, which gives us more information about what's actually being done. And though we didn't plan on it, we're now able to schedule and send customers reports about tasks being performed with resource comments." With Project Insight, portfolio and project management software, project managers now have the ability to tailor their reports. They can produce information about projects on demand, allowing them to focus more on executing projects at hand and less time on generating reports. The software's 'dynamic date' feature allows project managers to produce several custom reports that can be kept up to date. Dynamic dates allow one to create a report with a certain timeframe like 'current month' and save it. Once it is saved, the report always reflects data from the current month over time. The team also applies an agile methodology with their projects to produce instant burn down charts that enable them to proactively track how a project is behaving in real-time vs. the estimates.