Keeping productivity levels high is something you need to see as a priority when running a business. If your business is like most, you have a number of projects going on at any given time. Adequately managing these projects can be a lot harder than you think.
Studies show that over 35 percent of all projects fail due to a lack of clear goals. It is your job to make sure your team knows what they are expected to do throughout the progression of a particular project. Utilizing the latest tools and trends in the project management world can help you keep team members in line and productive.
The following are some of the biggest project management trends you should pay attention to:
Using Artificial Intelligence for project management is a game changer While most business owners have heard the term artificial intelligence (AI) thrown around, many fail to realize what this tool can provide. Modern software programs and apps utilize the power of AI to accomplish a variety of different tasks. When used during the project management process, AI can help you estimate a number of important factors. With the data from a particular project, an AI system can start to make estimates of things like how long a person will take to complete a task or what resources will be needed for a particular phase of a project. Having this information can help you plan accordingly and increase the efficiency your projects have. By using AI, you can also get a feel for what tasks can be automated. Using the power of automation to perform certain mundane tasks can help you take lots of stress off of your team. If you are unsure about what type of AI tools to use during the project management process, consulting with IT professionals is a good idea.
Easily identify risks with predictive analytics Discovery project management problems in real-time can help you adjust your strategy accordingly. If you are not using the latest enhanced reporting and data tools on the market, you will have a hard time managing problems in a comprehensive and effective way. Using modern project management systems that feature comprehensive dashboards make using the power of predictive analytics much easier. These dashboards generally feature things like a list of completed projects, subtasks and main tasks. By looking at the strides your team has made towards finishing a project, you can assess whether or not changes need to be made. If you notice that a certain group is not turning in parts of the project on time, you need to find out what is causing these issues. Looking over project management reports on a daily basis is the only way to avoid letting small problems get out of control.
Cross company collaboration is essential Most modern businesses have a variety of different vendors, freelance employees and full-time team members. Trying to keep up with all of the things these individuals are doing can be extremely challenging. Making it easy for the various members of your team to communicate and collaborate can improve your project success rate. Modern project management software programs provide your team with things like instant message and video chat capabilities. These tools are especially important when attempting to manage a large group of remote employees. Failing to communicate with remote workers on a daily basis can lead to lots of lost productivity. Ignoring the need for increased communication and collaboration will only lead your business down a bad path. Increasing employee collaboration can lead to higher levels of innovation and an increase in morale as well. Allowing your employees to offer suggestions on how to improve collaboration can also be helpful. Often times, getting an outside perspective on these issues can open your mind up to a new world of possibilities.
Offering flexible workflows As most business owners have found out, imposing strict and hard to meet deadlines to team members can backfire in spectacular fashion. Instead of sticking to such a rigid task assigning the policy, you need to work on increasing flexibility. Not only will you need to offer more flexible workflows, but you also need to work on providing your team with the right tools. Having a functional and reliable network is essential for a 21st-century small business. Using programs like the Papertrail app is a great way to get informed about network errors quickly. Reading through these error logs will help you pinpoint and fix issues in a timely manner.
The longer you wait to embrace the project management trends of 2019, the harder you will find it to keep your team productive. While implementing new technology and practices may be intimidating, it is definitely worth the time and energy you invest. Consulting with IT professionals can help you get the right tech tools in place with ease.