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How timesheet management software is beneficial for Businesses?

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Facing difficulties in finding the amount of time your employees have spent on a task? Facing difficulties in tracking your workforce? If your answer is a big YES, then your business needs to implement Timesheet Management Software. We are living in an era where technology has evolved and shown impeccable results. Undoubtedly manual paper-based timesheet entries are tedious work, having a risk of data manipulation and theft. So, the software development industry has been continuously developing new technologies to ease the work and reduce errors by eliminating manual work. Now, let’s know more about Timesheet Management Software and how it is beneficial for businesses . What is Timesheet Management Software? Timesheet Management Software calculates the total hours worked by each employee throughout the pay period. The software is also used to measure the productivity and efficiency of the employee with proficiency. How Does Timesheet Management Software Help Businesses? A ti

What is the Critical Path Method & Why it Play an Important in Project Management?

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Project management is not an easy task for project managers; a successful project deliverable requires proper planning and effort. Project managers require making full proof plans, needing to organize the task, monitor the tasks, filter the risk, and lots more. Handling a project is such an uphill task. Project management is all about the changes, change in cost, change in start and end date, change in deliverables and a lot more. Keeping the project on the timeline is a challenging task and thus to handle Project efficiently, many organizations use an old tried and tested tool i.e. Critical Path Method for Planning & monitoring the overall project. The critical path Method uses a critical path as the sole determinant of a given project’s time performance and outcome. What is the Critical Path Method? Critical Path Method can be defined as a planning & scheduling method to figure out the total amount of time with the help of network analysis. In other words, CPM is a set

Why Project Managers Should Opt Project Risk Management?

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Project risk management is a big perspective on recognizing the risks that can cause a project to stop to meet its plans and aims. When risks are identified, the next problem is to identify the main causes or reasons for risks. A common approach is defined and followed by a discussion of many qualitative and quantitative methods for evaluating risks. Risk is the effect of an event and its probability of h appening. It is the chance of something occurring that will have an effect on the project’s timeline, performance or budget. This effect may be negative or positive, meaning that risks may cause an opportunity or a warning. That is why project risk management can be value-enhancing or value protecting. Reducing the effect of negative risk or threats preserves value. Taking considered risks to gain growth, transformation and innovation increases value. We can most successfully handle risks when they are identified clearly, and their effect can be calculated. Risk identification ma