The success of your business is dependent on how well it handles a project, making getting better at project management one of the most popular goals for business executives, CEOs and entrepreneurs. But how do you do that? Where do you start? And, how quickly does improving the way you manage a project have a positive impact on your company?
Here at NCC Home Learning, we’ve put our heads together to come up with our top tips for making your business better at project management.
Get better software
Getting better software makes a huge difference to the way you, and your company, manage projects. With so many different project management software packages out there these days, how do you know which software package will work best for you? It’s an obvious answer, but it’s the best answer: explore the market to see what is out there right now, check out the reviews and speak to your peers to see what software packages they use and what they would recommend (as well as what they think you shouldn’t touch with a barge pole!). Making the processes you use in the day to day running of your business are as streamlined and simple as possible will speed up the time it takes you to complete a project by just making you and your staff more efficient. Becoming better at project management is important for any business. This business management software can really help you run your organisation.
Get the right know how: Take some training courses in business management
Business management courses from NCC Home Learning will help to fine tune any lumps and bumps in your knowledge of how to run a successful business. It’s common sense that the more you know about a topic, the easier that subject becomes. This applies to anything from hobbies to sports or from the world of science to business, so take a look at NCC Home Learning’s Business Management courses to see the huge impact a business management course could have on your life. The best thing about NCC’s courses are that they can all be done from the comfort and convenience of your own home so no matter how busy you are, you will always be able to find the time to complete your course, making juggling studies, business and family life a breeze.
Improve your project estimation process
This is something which traditionally was seen as something that only came with time, but this way of thinking is starting to shift. Improving your estimation process has a dramatic impact on the success, productivity and efficiency of your business. By making sure that everyone in your company knows how to properly and consistently estimate a project, you will see a huge impact on your business’ profits. By standardizing what you do, your whole team will be able to work together better, which will have an incredibly positive impact on “productivity, customer satisfaction and the number of projects you are able to deliver on time and to budget”.
Troubleshoot yourself and your company: Analyse what you do and how you do it
Take a long hard look at yourself, your employees and your company. Try to be as independent and objective as possible. This can be very tough when the business is something you founded and started yourself making you very protective of it. However, learning how to step back and look at your business through fresh eyes is a vital way to improve the way your company manages projects. Are there areas or department where the smooth completion of projects always slows down? Once you are able to identify the problem areas, you will be easily able to find solutions to the problem, such as, employing some simple staff training sessions, or simply encouraging your staff to feel more confident and ask more questions.
Learn how to prioritise
This isn’t just something that is key to project management. Learning how to prioritise your day, or week, has a dramatic impact on living a full, active life. A well-structured workload is easier to manage and less stressful thereby increasing productivity all round. Upgrade your usual to do list by ranking the items that need to be done in order of importance. In terms of tasks that need to be done urgently but do not actually need to be done by you, delegate them! Passing over tasks where you are not actually needed frees up a huge amount of your free time allowing to concentrate on bringing down the big game. You should try to concentrate on getting the key items done from your list every day, before you start working on anything.