Best Project Management Software Monday – Features and Detail Review

Best Project Management Software Monday - Features and Detail Review 

 

Monday com software is a cloud-based work OS (Operating System) that enables teams to confidently manage projects and procedures. It’s a straightforward yet intuitive Work OS that enables teams to design processes, adapt to changing demands, provide transparency, collaborate, and cease performing manual grunt work. Project Management Software Monday facilitates collaboration. 

Here is a comprehensive Monday project management review to help you evaluate its features.  

7 Monday com Features

The following is a comprehensive list of 7 Monday project management features: 

Dashboards

You can create customizable dashboards on Project Management Software Monday. The dashboards let you keep track of timetables, budgets, and progress. You can also run reports and view information from a bird’s eye view. The dashboards can also be used to enhance collaboration. The data tools can be used to exchange files, allocate tasks to resources, and prioritize assignments as well. You will be able to access important information like who is working on what to help your team stay on the same page.  

Kanban

The Kanban board is also integrated into Monday.com as a smart feature. First of all, it can be used to automate grunt work to reduce repetitive manual tasks and focus on executive work. It is also able to offer a mode of communication to your team so they can share updates or feedback to release products successfully. Moreover, it can be used to quickly track iterations and backlogs so you can observe how your team is doing in relation to each goal. 

Files

Monday also gives you the option to maintain your digital assets. It lets you create a timeline that shows every revision of a file, adding versions as you go and making it easy to see the most recent version. The files feature can also be used to store, arrange, and manage all of the resources on a centralized platform. It lets your team members access relevant information right away when they are working. Moreover, you can upload files in any format from PC, Google Drive, Dropbox, and Box. 

Docs

The docs feature lets you collaborate with your team in real-time. Your team can co-edit the document and share comments with each other. While making actionable lists, you can use the drag-and-drop interface to move your text without interrupting other people who are working on the document. In addition, you can embed videos and dashboards in your documents to make them more dynamic with context.  

Automation

Task automation can be used to ensure that manual tasks management is simplified. It can be used to send emails on due dates. Moreover, you can request updates in real-time. Customizable automation of tasks can also reduce meetings for updates or feedback.  

Gantt Chart

The Gantt board can be used to track deadlines. It ensures that everything is finished on schedule, and you can easily view crucial dates, and milestones, and define dependencies for your projects. You can quickly convert spreadsheets into smart boards that you may use to visualize the best gantt chart software.  

Integrations

You can connect Monday.com workflows with apps that you work with regularly. There is a wide range of integrations available on Monday including Outlook, Dropbox, Zoom, Excel, and Zapier. 

Monday Products

Workforms

The workforms product supports a no-code builder so you can create customized forms for your company. You can specify criteria to obtain accurate and relevant information. It will help you minimize the back-and-forth loop.  

Canvas

The canvas can be used to plan customer journeys, processes, and user flows. It can be used to create diagrams with shapes and arrows that have snap connectors. It has a marker feature so you can express yourself by drawing your ideas.  

Read More: Top Project Management Myths Not to Fall for in 2022

Benefits of Using Monday Software

There are many Monday project management benefits: 

Customizable

With features like ready-made themes, column kinds, boards, documents, dashboards, and more, it enables you to create a digital workspace for your work. 

Team Collaboration

By using the program to exchange updates, monitor performance, view comments, and more, it enables the entire team to work together on a projec

Reports

By delivering insights and reports through dashboards, Gantt charts, and other tools, it supports data-driven decision-making.

The following is a list of Monday software pros and cons:

Pros of Using Monday com Software

  • You get immediate access to new tasks and adjustments to old ones thanks to the dashboard. 
  • The update function can be used to ask questions, provide status reports, and make reports.  
  • Instead of having to start from scratch, you can use templates to create tasks or projects.  
  • You can create flexible workflows by using column types and view types that are possible through Gantt and Kanban.  
  • Online teams can work together as they have access to comment on tasks, comment on them, and download them as well.  
  • You can automate mundane tasks and use automation to request updates too.  
  • The setup is flexible and easy.  
  • The interface is simple and user-friendly.  

Read Also: Why Do You Need The Best Software For Project Management?

Cons of Using Monday com

  • Monday could benefit from integrations with some apps like Xero or Google Ads to directly manage campaigns.  
  • The basic pricing plan does not offer integration.  

Project Management Software Monday Pricing

Individual: Free. It includes limitless boards and documents, 200+ templates, 20+ column types, compatibility for iOS and Android. This option is for up to 5 users.  

Basic: $8 a month for each other. This option can be used to invite unlimited free guests, access prioritized customer support, and create a dashboard with information from one board.  

Standard: $10 a month for each user. This option comes with all the capabilities offered in the individual plan in addition to extras like customer support, integrations, and automation of up to 250 activities. It can be used to create a dashboard based on information from five boards. 

Pro: $16 a month for each user. It contains all the capabilities offered by the basic plan in addition to integrations and automation that can handle up to 25,000 actions per month, private boards and documents, chart views, formula columns, time tracking, dependency columns, and a dashboard with the option of 10 boards. 

Read Also: Top Project Management Software for Finance Industry

Enterprise: Contact the Project Management Software Monday sales team to get a price. All of the features offered by the Pro plan are included, along with unlimited enterprise-level automation and integration, enterprise-level security and governance, advanced analytics and reporting, multi-level permissions, tailored onboarding, premium support, and a dashboard combined with up to 50 boards. 

 

All You Need to Know About Business Collaboration Tools

All You Need to Know About Business Collaboration Tools

 

Collaboration is the process of working with others to accomplish a common objective. This target can be a project or an organizational goal in a business setting. 

Collaboration Tools

Collaboration tools are software applications that enable individuals to communicate to achieve a common objective. A collaboration tool is intended to assist a group of two or more individuals in attaining a common aim or purpose. Among the advantages of utilizing collaborative tools are:  

Easily Accessible Information

You can store papers, files, folders, etc., in a shared location accessible to all team members for easy access. It is useful when a new team member is added or when an existing team member takes a leave of absence or is replaced. As all papers are consolidated, new team members may quickly get up to speed, and the ongoing project is unaffected. 

Enhanced Communication

Your team members can interact whenever they require assistance. They don’t need to wait until the next meeting to communicate their thoughts or difficulties. Instead, they can utilize live chat and audio/video calls to exchange information and solicit feedback from peers. This saves time, improves workflows, and facilitates project communication. 

Improved Employee Productivity

If your team is geographically distributed or working remotely, a collaboration platform will serve as the link between all team members. They will receive periodic updates and information regarding the project’s development. This will increase their sense of connection and responsibility for the project’s outcome, directly impacting their productivity. 

Critical Features of Collaborative Tools

Here are some characteristics of collaboration tools from which your organization may benefit: 

Communication

Collaborative tools support synchronous and asynchronous communication with features including online chat, audio and video calling, and discussion forums. 

File Sharing

File sharing enables team members to share data, papers, photos, etc. You can distribute them via email and chat attachments.

Document Management

Document management enables you and your colleagues to collaborate in real-time on papers. You can store all documents in a central repository and grant access permissions to members as needed. 

Project Management

Collaborative tools allow you to create project tasks and subtasks, establish deadlines, and assign them to various team members. This assists with project management software, tracking dependencies, and resource planning. 

Top 5 Collaboration Tools

ClickUp Software

Clickup Software is a cloud-based solution for project planning, organization, and collaboration. It allows you to create and assign team members to project tasks. Your coworkers can remark on tasks and tag one another to seek follow-up activities. Additionally, they can highlight and respond to specific portions of remarks. This function is helpful if someone asks several questions on a comment or if the job is highly active. When a task is done, all members are notified of its completion. 

Other ClickUp collaborative features include: 

  • File exchange 
  • Gantt chart 
  • Product roadmaps 
  • Kanban boards 

Google Workspace

Google Workspace, formerly known as G Suite, is a cloud-based collaboration application that includes Gmail, Google Meet, Google Chat, and Google Calendar. 

The tools include document sharing, live chat, and video calls to facilitate real-time collaboration among remote workers. For instance, multiple team members can simultaneously edit a Google document. They can add comments to the document and share it via email or Google Chat with their peers. They can also connect with others in real-time via a call. You can schedule these meetings in advance and send invitations via Google Calendar. 

Other collaboration features of Google Workspace include: 

  • Instant messaging 
  • File management 
  • Cloud file storage 
  • Communal workspace 

Slack Software

Slack Software is a web-based team collaboration application that you may use for both formal and informal team communications. It enables you to create specific chat channels for projects, team discussions, and even informal talks. Text chat and audio or video calls allow your team members to collaborate in real-time.  

You can also use Slack to communicate with clients that prefer not to utilize email. You can invite them as guests to any Slack channel. You can even modify the privacy settings of channels to restrict access to documents, photos, etc., to just approved members. 

Other Slack collaboration features include 

  • Notifications sent using electronic mail 
  • @ mentions 
  • Screen sharing 
  • File and document management 

Trello Software

Trello Software is a visual cloud-based collaboration platform that facilitates project and task management. 

The online collaboration application allows you to arrange tasks using Trello cards on graphic project boards. Each card represents a different project, and you can build task or to-do lists. You can add due dates, assignees, and comments to tasks and track progress. Team members can upload documents and request feedback on deliverables through card-based comments. 

Other Trello collaboration features include: 

  • File exchange 
  • Process automation 
  • Activity recording 
  • Real-time notifications 

Zoom

Zoom is a cloud-based team communication suite that offers audio and video conferencing, webinars, and shared online workspaces, among other features. 

You can use the tool’s meetings and chat functions for everyday collaboration. For example, you may make audio and video calls to communicate with your coworkers individually or in groups using Zoom meetings and chat. During calls, you can share your screen and even allow people to write or annotate. You can also use the private chat box to send a message or share a file with a specific member during a group call. 

Other collaboration features of Zoom include: 

  • Attendee management 
  • Drag-and-drop file sharing 
  • Statistical reporting and analysis 
  • Call recording 

Bottom Line

You require a collaborative business atmosphere to understand your responsibilities. If you need help, you cannot wait for formal meetings but must instantly engage with your team to move forward. There are various software applications to help you meet your collaboration requirements. If you are unfamiliar with collaboration tools, we hope this guide will help you make the best decision for your business. 

Related Article: Top Project Management Software for Finance Industry

A Detailed Guide to Project Management Terms and Techniques

A Detailed Guide to Project Management Terms and Techniques

 

If you have natural leadership abilities, an eye for detail, and a preference for clear expectations, you’ve managed projects for your team. But if you lack professional expertise in project management, it might be easy to become overwhelmed by this new duty. But don’t worry, we are here to assist you. 

This introductory overview of project management will identify best project management software, terms, tools, and practices to equip you with the skills necessary to run a project. 

Project Management

Project management is the practice or discipline of organizing, motivating, and directing efforts to accomplish a given goal. The project objective is generated and delivered within the budget, scope, and schedule parameters. 

Functions and Structure of the Project Team

Now let’s discuss who participates in project management. 

Project Manager

Only the project manager is granted the authority to handle a project. They are responsible for developing the processes needed to manage people, tasks, and deliveries throughout the project lifecycle, from planning to closure. 

The role of project manager is responsible for defining the work/tasks, creating the project plan, maintaining the budget, and managing the change order or request process. They also collect the project scope, maintain project documentation, and report and communicate with all project stakeholders regarding its progress and status. 

Project Group

The project team could consist of full-time or part-time employees and independent contractors. This team should be execution-focused, ensuring that each task is completed as defined, under budget, and on schedule. In addition, they are responsible for comprehending the work to be done, determining when to raise concerns or issues to the project manager, and conveying task updates proactively. 

Project Sponsor

The project sponsor is the individual who initiates the project and has the final authority and say. Typically, they are accountable for getting project funding, resolving high-impact issues and scope modifications, and approving the major project deliverables. The project is neither successful nor complete until its sponsor declares it so. 

Read More: Top Project Management Software for Finance Industry

Project Management Documentation

A vital role of project manager is to create and maintain project documentation. From identifying the project’s goal before work begins to documenting lessons gained after the project concludes, project documentation assures consensus and transparency regarding expectations. It also serves as a guide for the team and informs the design of future similar initiatives. 

Project Plan

A project plan is a central document for a project. In addition to defining the project objectives/scope, project schedule, and high-level requirements, it also considers the budget and schedule. This document, often known as a project charter, is where you will formally identify the project team and roles.

Project Scope

The scope describes the project’s final objective and the tasks required to achieve it. The project manager collaborates with the project sponsor to determine the project scope before the project starts and makes adjustments as necessary. The project plan should document the high-level scope and the project’s borders and perimeters. 

The best foundation for a successful project is a scope that is specified clearly and concisely. 

Project Requirements

In essence, requirements are precise descriptions of what the product or service should serve the user, what it should look like, and how it should function. 

The project manager should include the high-level requirements in the project plan as part of the project’s scope, and the specific requirements in a document that is easily accessible to the team. Each team member should study the requirements’ specifics to guarantee clarity and consensus over what must be done. 

Change Orders

Once the project’s scope, requirements, budget, and schedule have been authorized, any adjustments must go through a formal change order process. This guarantees that all requested changes are correctly documented, evaluated, and subsequently approved or denied. In addition, this creates trust in the project management process among all stakeholders and forces hasty or poorly thought-out decisions to be refined before implementation. 

Status Updates

Last but not least, the status report is a regular report detailing the project’s progress, important task updates, and budget adjustments. This continuing and transparent report assists you, your project team, and critical stakeholders maintain integrity regarding the project’s work, budget, and issues. 

Read More: Top Project Management Software Dashboards Compared

Project Management Tools

Let’s examine the most fundamental project management planning tools and their functionality within project management software.

Gantt Chart

A Gantt chart represents a project’s tasks and a timetable is used to monitor project schedules. 

Work Breakdown Structure

Work breakdown structure (WBS) is a hierarchical chart that describes the primary deliverables of a project and then breaks them down into smaller, more manageable tasks.   

Critical Path

A critical path is the sequence and timing of tasks that you must do to complete the entire project on time. A task is on the critical path if, for instance, a one-day delay on that job will result in a one-day delay for the entire project. The critical path will require the most significant time to execute the project’s tasks. 

Project Risk

Every project contains future occurrences that, if they materialize, would have a detrimental influence on at least one project’s aim. These occurrences are project risks, and as the project manager, you should construct a risk register to capture each risk occurrence, the action required to mitigate it, and its status. 

Popular Project Management Methodologies

Agile

Agile Project Management Software is an adaptable, flexible process for obtaining project requirements, executing, and delivering the project. The project will begin with high-level needs, but not every detail will be determined before the team starts work. Instead, the team will focus on work blocks, present them to the project sponsor, and then make adjustments or move on to the next work block. 

Scrum

Scrum is an Agile teamwork technique characterized by the delivery of iterative, incremental work increments. It is frequently employed in software product development. Scrum is derived from the sport of rugby, in which the team leader, the Scrum Master, empowers the Scrum team to operate rapidly and independently. An empowered team is a Scrum team. 

Bottom Line

Project management goes much beyond its definition. It is a large subject that encompasses numerous topics. We hope this guide provides you with strategies and best practices to improve your project management process. 

Top Project Management Software for Finance Industry

Top Project Management Software for Finance Industry

 

 As a finance project manager, you understand the importance of keeping track of tasks, your company’s cash flow, and sticking to project budgets and deadlines. Whether you’re calculating an estimate or looking for ways to save money, you need to cover all of your bases to avoid tasks falling through the cracks and causing bottlenecks that slow down progress. 

By automating project tasks, monitoring the project timeline and budget, tracking milestones for each phase, and reporting the financial status of projects across departments or campaigns, financial project management software can make your job easier.

Top 5 Financial Project Management Software

Aha! Software

Aha software is project management for finance professionals that helps them define strategy, document ideas, and collaborate more effectively. They can also organize feedback, budget projects, and prioritize requests. 

You can use Aha! to create project schedules and financial reports based on project data, task assignments, and task reminder automation. For example, using the scorecard feature, you can rank project initiatives based on how they will increase sales, help retain customers, contribute to marketing, and impact operational efficiency. You’ll also need to specify how much effort each task will require. After that, the software calculates and assigns a score to each task to assist you in prioritizing your efforts. 

Clickup Software

ClickUp software is a web-based project management financial services tool that makes task management and collaboration easier. It includes, among other things, reminders, goal setting, scheduling, and an inbox. It’s completely customizable, and any team that needs to plan, organize, and collaborate on projects can use it. 

The tool’s recurring task feature aids in the management of multiple projects’ finances. For example, when you pay a monthly bill and mark it as complete, the platform automatically creates a new task for the following month. This makes it simple for your bookkeepers and accountants to keep track of invoices and prepare for audits. 

Evernote Business

Evernote Business platform offers project financial management tools and aids in simplifying workflows and project collaboration. In addition, Evernote teams software provides a centralized repository for project documents and data, making it simple to search for and locate your required data. 

As a cloud-based platform, Evernote Business allows your finance teams to collaborate and access information from any location, whether they’re in the same office or working from home. Its “spaces” feature allows them to connect, share updates, and pin notes in one convenient location. 

A library of templates is also available, including project timelines and deliverable templates. Your finance team can use these templates to create project budgets, trackers, and plans.

MeisterTask

MeisterTask is a task management tool with a user-friendly interface. You can customize its Kanban-style project boards to fit the various workflows that your finance team is working on. For example, Kanban boards can help your team stay on top of budgeting, accounting, and resource management projects. 

The tool’s project timeline feature, which works similarly to a Gantt chart software, allows you to see how project tasks and dependencies are progressing. It highlights incompatible tasks or overlaps, and it has a drag-and-drop interface for changing the start and end dates. From the timeline, you can also assign tasks to team members. 

Todoist

Todoist Software is a task management platform with a focus on project management. It allows you to make to-do lists, add tasks and subtasks, schedule tasks, assign task priority levels, and much more. 

You can use the software to track progress, delegate tasks, set due dates and set up automatic task reminders for any budgeting project. In addition, project team members can add comments, upload files (including voice notes), and access a task calendar to manage their schedules better. 

The software allows you to customize your task view based on the due date, priority, campaign, and other factors. In addition, its productivity visualization feature lets you keep track of each team member’s contribution. Individuals and teams can both use Todoist. 

Related Article: Top Project Management Software Dashboards, Compared

Bottom Line

The ability to automate recurring tasks like billing and invoicing, connect with teams from different departments, and keep financial documents and information centralized while managing projects appeal to finance leaders. This is why they are looking for finance software with all the required features. You can schedule a demo or read user reviews to make a knowledgeable decision.

Top Project Management Software Dashboards Compared

Top Project Management Software Dashboards Compared

 

Dashboards for project management (PM) provide you and your stakeholders with a quick overview of team progress. These dashboards take data about project performance and milestone achievements and display it in an easy-to-read format so you can figure out what to do next. PM tools often include reporting and project tracking features, such as visual reports or dashboards that allow managers to see project status, costs, and other key information at a glance. 

Choosing top project management software can be complicated; different tools provide different features, and pricing varies greatly from one vendor to the next. Let’s look at five of the best project management dashboards based on ease of use and customer satisfaction. 

WorkOtter

You can use a widget format in WorkOtter to customize the layout of each dashboard. For example, the most critical project information and data points should be at the top, while the details should be at the bottom. You can also send stakeholders recurring automatic dashboard report emails. This may reduce or eliminate the need for weekly meetings with high-level stakeholders, which can be time-consuming.  

Finally, you can customize dashboards based on user roles. WorkOtter can send everyone the same real-time data via custom dashboards that show relevant insights without jeopardizing data integrity because different stakeholders prioritize different information. 

Cost 

The Team edition costs $20 per month per user (the base edition does not include dashboards). 

Claritask

You can see task comments from contributors in the same dashboard as the main project and subtasks with Claritask. When team members require additional context or information, this facilitates better project communication. You can also keep track of time spent on projects by clicking the “play” button on each task.  

Cost 

The software costs $35 for the first seven employees. 

Read More: Project Management 101: Everything You Need to Know

Nifty

Because Nifty is so good at client management, it could be a strong contender for agencies. It also has a portfolio feature that allows you to create a collection of projects from which you can group clients. 

The home screen of your project management dashboard provides a window into every aspect of your project, allowing you to get a high-level status overview in a single glance. In addition, you can control and customize modules with drag-and-drop widgets to create a unique dashboard that meets your specific needs. 

You can also use the discussions tab to send documents to multiple collaborators for brainstorming or working sessions.  

Cost 

Nifty costs $49 per month. However, there are discounts available on annual subscriptions.  

GanttPRO

You can switch between the Gantt chart and the board view on the dashboard. You can also share project plans with others using a “secret public link” to keep stakeholders informed about project progress without requiring a login. 

You don’t have to start from scratch when creating a new project with GanttPRO because it has a template option. Furthermore, the dashboard allows you to access task settings directly from the grid rather than navigate multiple levels. You can, for example, change the priority of a task or its progress without leaving your workspace, and the Gantt chart grid will update the timeline accordingly. 

You can also export your Gantt chart to PDF, XLSX, or PNG formats. In other words, instead of creating a Gantt chart by hand in Microsoft Excel or Google Sheets, you can quickly create a professional project visualization to share with clients or other teams. 

Cost 

The monthly charges are $6.50 per user for up to 40 users.  

Workzone

The Workzone dashboard includes a Gantt chart view to see a project’s timeline and dependencies quickly. You can also access personal to-do lists based on your tasks, including a prioritized view of what you need to accomplish. Members of the team can quickly scan their deadlines to organize their workday better. 

Workzone’s project dashboard is an excellent tool for project managers and executives who want a high-level overview with the ability to drill down into individual projects to look into delays or overdue items as needed. 

Cost 

The Team subscription costs $24 per month per user. Volume discounts are available, and all subscriptions are billed annually. 

Bottom Line

Each project management dashboard has its own set of advantages and disadvantages. So rather than looking at all of a tool’s features, make sure you understand your company’s pain points and any issues with your current dashboard. Then, as you’re researching platforms, look at how the new platform’s features address your particular problems. 

Why You Need an Agile Project Manager?

Why You Need an Agile Project Manager?

 

Small businesses are increasingly employing Agile tools and processes these days. However, as more small and midsize businesses (SMBs) adopt Agile for project managers, questions about how to do Agile correctly will inevitably arise. 

One of the most frequently asked questions is whether traditional roles, such as project managers, are required in Agile Project Management Software frameworks. After all, isn’t the Scrum master in charge of project management? Moreover, is it essential to have a project manager when Agile already has product owners and product managers? 

This blog will look at some of the issues surrounding Agile project management’s changing role. But, first, we’ll go over the key responsibilities of an Agile project manager and why your small business might or might not need one. 

What is an Agile Project Manager?

Using the Agile framework or methodology, an Agile project manager assists with project planning, including budget, timeline, and scope. For example, a Scrum team may include an Agile project manager. 

The “business” side of things, such as resource procurement, contracts, budget reporting, and so on, will be handled by an Agile project manager, leaving the Scrum team to focus solely on iterative development. 

Although long-term planning isn’t typically part of an Agile or Scrum team, it’s impossible to avoid planning altogether—but you must be careful not to over plan. As a result, the Agile project manager’s role is contentious. So, let’s take a closer look. 

PM Role in Agile

A common point of debate is whether Agile teams require project managers. 

Two opposing points of view

1. Are so-called “agile” project managers merely a myth?

According to one school of thought, Agile project managers are a myth. After all, project managers aren’t mentioned in classic works like the Agile Manifesto or the Scrum Guide. 

The argument is that the traditional project manager role of tracking team performance, efficiently allocating resources, and charting detailed project plans is incompatible with self-organizing teams that plan, manage, and follow their work. 

While the logic behind Agile project management is that it eliminates the need for long-term planning—one year or more before projects begin—this does not mean that Agile projects can stop planning. 

Read More: 3 Must have Scrum Tools for Agile Teams

If you’re a small business working with external clients, planning the project budget, task timelines, and promising key deliverables with Agile contracts is required. You’ll need project managers who can create the project plans that you’ll present to clients when they sign the contract in this case.

2. Do Agile project managers serve a practical purpose?

On the other hand, businesses still require project managers to manage budgets, allocate resources, and identify project risks, according to the opposing viewpoint. 

They say that the assumption that Agile team members will take on those responsibilities automatically is flawed. In the “real world,” where projects must meet specific goals and businesses must work within tight deadlines, project managers are critical to ensuring that everything runs smoothly. 

Overplanning is one thing that will sabotage an Agile team’s momentum. Scrum software teams, for example, hold sprint planning meetings to commit to tasks that the development team will complete in a time-limited event (one week to one month). However, when teams spend too much time in these meetings, it is one of the main reasons for sprint planning failures. 

Traditional project managers, who emphasize the importance of planning, can waste hours debating the finer points and plotting out how to build them. 

Conclusion

While both of the above points of view have merits, we’ve seen how these arguments fall short in certain situations. The key to determining whether or not your company requires project managers is to determine how extensive your project planning requirements are. 

Project Management 101: Everything You Need to Know

Project Management 101: Everything You Need to Know

 

You can probably define project management and have been managing projects for your team if you have natural leadership skills, are detail-oriented, and enjoy having clear expectations. However, if you are unknown to the formal project management methodology, it is easy to become overwhelmed by this new responsibility.  

However, don’t worry! We’ll define standard project management terms, tools, and techniques in this guide so that you can lead a project with confidence. 

Project Management Terms to Know

Project management is the practice or discipline of organizing, motivating, and controlling efforts to achieve a specific goal. The project goal is created and delivered within the parameters of a budget, scope, and timeline. 

Project Manager

The project manager is the only person who has the authority to manage the project. They are in charge of defining the work/tasks, developing the project plan, keeping the budget in check, and managing the change order or request process. They also collect the project scope, maintain the project documentation, and report and communicate the project’s progress and status to all stakeholders. 

Project Team

The project team could consist of a mix of full-time and part-time employees or contractors who have been assigned to work on the project. They are responsible for comprehending the work to be completed and recognizing when to escalate concerns or issues to the project manager.   

Project Sponsor

The project sponsor is the person who initiated the project and has ultimate authority and final say over it. They are usually in charge of securing project funding, resolving high-impact issues and scope changes, and approving major project deliverables. Therefore, project isn’t considered successful or completed until the project sponsor declares it so. 

Best Project Management Tools

Gantt Chart

A Gantt chart software is a graphical representation of a project’s tasks along a timeline used to track project timelines. 

Work Breakdown Structure

A work breakdown structure, or WBS, is a hierarchical chart that outlines major project deliverables before breaking them down into smaller, more manageable tasks. It’s useful for complex project work to help identify where your team needs more detailed requirements for that task when identifying the critical path and establishing a reasonable timeline for deliverables. 

Risk Register

Every project has possible threats that, if they happen, will harm at least one of the project’s goals. These are project risks, and as the project manager, you should develop a risk register document to keep track of each risk event, the action required to mitigate or eliminate the risk, and the risk’s current status. 

Key Project Management Methodologies

Agile

The first formal project management methodology we will discuss is agile. Agile is a flexible and adaptive methodology for gathering project requirements and executing and delivering software projects in short bursts known as Sprints. You’ll begin the project with high-level requirements, but not every detail will work out before the team starts working. Instead, the team will concentrate on individual work blocks, present them to the project sponsor, and then make changes or move on to the next work block. 

Scrum

Scrum is an agile teamwork methodology for delivering iterative, incremental work segments. It is most commonly used in the development of software products. The term Scrum comes from the rugby game, where the Scrum Master, the team leader, empowers the Scrum team to work quickly and independently. 

Bottom Line: Project Management Advice

Project management is increasingly essential for companies looking to improve efficiency and timeliness. However, Each project has the potential to be a learning tool. A good project manager will always look at the big picture and individual project components. He can record the success, what went wrong, and what can improve. Overall, evaluating all aspects of a project, including the nitty-gritty, can help ensure future project success. 

3 Must-have Scrum Tools for Agile Teams

3 Must-have Scrum Tools for Agile Teams

 

Scrum is a tried-and-true agile framework that many companies use to achieve their project management objectives. However, like most frameworks, Scrum is only effective if you adhere to its rules.   

Large projects, for example, are broken down into small tasks that are completed in short, time-boxed periods known as sprints in Scrum project management. The framework also requires regular sprint reviews to keep the project team on track. But all of this may be too much for you to handle on your own, which is when Scrum tools can help.   

What Is Scrum Software?

A Scrum tool is an agile project management software that assists companies in implementing the Scrum project management methodology. For example, to track the progress of projects, Scrum team management software includes agile tools for scrum, such as sprint planning dashboards, reporting tools, and project analytics.   

Scrum tools for agile also include reporting dashboards and shared workspaces to help employees visualize the amount of work required for each project iteration and facilitate team collaboration.   

Benefits of Scrum Software

Enhanced Visibility

Project members and stakeholders can track real-time resource availability and project completion rates using features like task boards, daily Scrum meetings, and sprint reviews. 

Better Project Planning

Regular stakeholder feedback across the project lifecycle enables the development team to better plan tasks. It also predicts how much work they will be able to complete by a specific date.   

Low Risk of Project Failure

The Scrum methodology identifies issues as development progresses, rather than at the end of the project. This saves time and allows team members to make changes quickly to ensure the project’s success.    

Best Scrum Resources

Monday.com

Monday com is one of the best agile scrum software. It provides pre-built Scrum project templates for sprint planning, bug tracking, and feature backlog creation. It also includes a Scrum board, enabling a project manager to plan, assign, and track tasks and subtasks.   

The key features are Gantt charts used to plan projects and project progress reports. The software also offers a shared activity dashboard for project collaboration.   

Cost:    

Monday.com’s paid plan for three users starts at $24 per month (billed annually). It provides Android and iOS apps, as well as 200+ project templates. There is also a 14-day trial period for the tool.   

GitHub

GitHub is a software development team’s project management and version control tool. It adheres to the Scrum framework and enables project managers to divide large projects into small GitHub tasks or user stories. It also allows them to set team goals and track their progress. Among the key features are:   

  • Labels for task organization and prioritization   
  • A bug and issue tracking dashboard   
  • Project progress reports   

Read More: Top Project Management Myths Not to Fall for in 2022

Cost:    

GitHub is available for a monthly cost of $4 per user with a 2 GB storage limit. The tool also provides a free plan with a 500MB storage limit.   

Tragetprocess

Targetprocess is an agile project management tool that aids in the planning, tracking, and completing of Scrum projects. It includes a Scrum dashboard for monthly sprint planning and product and sprint backlog dashboards for tracking project progress.   

A project planning software and tracking dashboard are one of the key features. You can also use burndown charts to track project progress. Furthermore, the software includes an activity dashboard for team collaboration.   

Cost:    

The Targetprocess pricing is not available publicly. However, you can contact the vendor for a quote.    

Bottom Line

We hope this blog helps you find the best tools for scrum project management. To make the best choice, ensure that the scrum tool offers all the features you and your team require. In addition, you can read customer reviews of your shortlisted Scrum project management tool to understand its performance, features, usability, etc.   

Is Bigtime Right For Your Business?

Is Bigtime Right For Your Business?

Is Bigtime Right For Your Business?

For project management, Bigtime software is one of the best options. Designed for professional service firms, such as accountants and consultants, Bigtime integrates with QuickBooks Desktop and Online to provide a full range of project management functionality. In addition to its powerful project management capabilities, Bigtime is also highly customizable and can be used to create custom reports and dashboards. Its QuickBooks integration makes it a perfect fit for accounting professionals and other professional services firms.

Bigtime is available as a mobile application and native for iPad

For business owners, Bigtime offers a complete suite of features, including flexible billing rates and customizable invoice templates. It supports time-and-material billing, multiple fixed fee billing at milestones, and percent-complete billing. In addition, users can export their reports in Excel, Word, or PDF, as well as share them with other users. In addition, Bigtime price is available as a mobile application and native for iPad. It even supports offline functionality.

Bigtime, billing is simple and hassle-free

Billing is another key area where Bigtime excels. Not only does it provide an intuitive interface, but it also helps you automate tasks and projects. The system also lets you set rates per staff member, project task, activity, and task. Whether you bill a client per hour, or charge by the day, you can always have a consistent and accurate record of your time spent on each project. With Bigtime, billing is simple and hassle-free, and you can focus on improving your business’s cash flow.

Read More: The Pros and Cons of Confluence Software

Bigtime also can help you manage the projects

Bigtime also offers integrated billing, time-tracking, and task management capabilities. In addition to providing comprehensive online tools for managing employees, projects, and clients, Bigtime IQ enables users to link project data. This makes it possible to track overall project status in real-time and to generate invoices and reports. With its robust integrations, Bigtime reviews can help you manage projects, manage staff, and streamline billing and invoicing. For a small fee, you can even create your own invoices!

Bigtime helps professional service providers

Bigtime helps professional service providers manage resources and clients. The company was originally founded by a professional services firm, and it now helps its customers track over $2 billion in client fees annually. And while its prices are high, they’re worth the investment. If you’re looking for a solution to manage your business, Bigtime can be the answer. If you have any questions, contact them via live chat. They’ll be happy to help.

Big time app makes it easy to track your expenses

A big-time-themed app is a great way to manage your expenses. This app makes it easy to track your expenses. You can also track time and expense. And because it uses NFT technology, you get ownership of every item you collect. You can use Bigtime to organize your finances and build teams. It can be used on a mobile device and on desktop. The app is compatible with desktops and laptops and allows you to trade, buy, and sell items in-app. The Bigtime Marketplace does not require you to use a crypto wallet.

Bigtime is a time-tracking system for businesses

Bigtime is a time-tracking system for businesses. You can log your time and consolidate it in the cloud, and save it to the cloud. Unlike other games, Big Time’s time tracking system is user-friendly and allows you to save your progress. If you’re looking for a new way to manage your business, Bigtime software reviews will help you make the most of your time. So, don’t wait any longer to sign up for Bigtime today. You’ll never regret it!

Read Also: How to Use Airtable for Project Management Tool?

Big time is more customizable

Features of bigtime

The Bigtime template editor lets you customize invoices according to your business requirements. Invoices can include a company logo and information, as well as details such as time entries, expenses, tax rates, and budget status. You can also change the template settings. Once you have customized the templates, you’re ready to send out invoices. The template editor makes it easy to add your own information and customize your templates. You can also include your own logo and company information to each invoice. You can also check the Bigtime review.

The Pros and Cons of Confluence Software

confluence software

The Pros and Cons of Confluence Software

Confluence software allows teams to collaborate effectively. This software features a collaborative editor that helps users organize documents, projects, and work streams. While the free version limits the number of users, it is possible to test drive the paid version for 10 users without spending a penny. This software also offers a free trial for up to ten users. After signing up, you can edit several documents simultaneously. It does not require a monthly fee and renews automatically.

Pros of Confluence Software

For smaller companies, Confluence is a great choice. It has the same features as Jira, but is designed for large groups. Using Confluence allows a team to share documents and information in a single location. Its collaboration capabilities allow team members to make contributions from anywhere on the project. This makes the whole process smooth and seamless. In addition to that, it also encourages team members to collaborate, which allows everyone to contribute to a shared knowledge base. This allows for better communication and collaboration. With a single repository, the team can access all information and work on the same document, while a project manager can focus on coordination and execution.

Read More: How to Use Airtable for Project Management Tool?

Confluence  offers a free and paid option. Confluence review helps you find a trustworthy software. Free versions of the software allow for up to ten users. They provide unlimited spaces, basic features, and two gigabytes of file storage. In addition, they include community support and integrations. The paid plans are more comprehensive, allowing for more than 10 users, while Premium editions cost $10/month for up to 100 users. The Premium plan costs $5 per user, but the free version is limited to five users.

Cons of Confluence Software

Confluence cost in premium plan for the is the most expensive option. However, it offers more features and is customizable for your team. With the premium plan, you can manage projects and keep everyone in sync. Moreover, you can customize your project to suit your needs by adding more features. And while the free plan is affordable, it is limited by its features. It does not require you to invest in an expensive enterprise license. Its free plan offers a free trial.

If you’re looking for a simple yet effective best project management software, you should consider Confluence. It has many features that make it a useful tool for teams of all sizes. For instance, it can be used to manage large projects, with different people working on different projects. A few of these tools can be integrated into the free version. Once you’ve chosen a plan for your project, you can add-on additional features as needed.

Confluence can help you organize a team by letting each member of the team have a workspace. It also has a task list that summarizes the various action items on the page. It can be shared with multiple partners and can be easily customized. This feature is especially helpful for teams that are in a hurry to finish a project. It allows them to collaborate efficiently with each other. It also saves them time.