Where Do We Stand On That Project?

How often do you have project update meetings or send emails to your project managers to see what is going on for an important customer project?  If checking up with your team is a regular occurrence, then it may be time to implement a more efficient way to get the information you need.

Weekly update meetings are a regular occurrence in many offices.  Meetings can be a valuable way to share information that can’t be otherwise conveniently and efficiently shared, but they can also be common time-wasters.  The more time you spend trying to figure out what is going on with your projects, the less time you have to get your own important tasks completed.  There is another, more efficient way: you can keep closer tabs on your projects and other important business activities with a comprehensive enterprise resource planning (ERP) solution.

There are several popular ERP solutions that offer project management capabilities, in addition to financial, supply chain and manufacturing, human resources and payroll, and other management features.  An integrated solution offers your entire team the ability to enter customer and project information, such that colleagues and managers can easily monitor project activities and expenses.  You can use a project template or create a customized template to follow for the project lifetime, then assign resources to specific tasks to make sure that the right people and equipment are being used for the right projects.  You can track project activities and make changes, when needed, so that your team knows what tasks to complete by important milestone deadlines.  Project data and assignments can be viewed in easy-to-read charts so you can quickly see what has been completed, as well as what is yet to be completed.  Finally, you can track proposed budgets against actual spending and use “what if” calculators to estimate adjustments for the occasional change order.

Tracking project activities and spending within an ERP solution can provide valuable insight that you and your team can use to make sure projects are being completed in accordance with customer demands and contractual obligations.  Using an ERP solution, with project manager capabilities, is an easier and more efficient way to know what is going on with your projects without the need to call a meeting.  Contact Kraft Enterprise Systems, LLC for more information about using ERP to gain control and visibility over your project management services.

By Kraft Enterprise Systems, LLC, a NetSuite Solution Provider out of Tennessee