Creating project management reports is second nature to project managers.
Ever happened to stop by your project manager’s desk? I am sure you would have almost always found him battling with report generation.
And if you talk to one, you can hear them fussing over the number of revisions, data massaging, frequency and format changes for same datasets being requested over and over by different stakeholders.
The situation has improved to quite an extent but not at levels I would have personally liked.
What does it take to choose the right project management software? Should you focus on the price or should you pay attention to the feature? The answer is simple – both of these areas are important.
The quality of the project management software dashboard is probably one of the most important criteria to examine before selecting. The dashboard will determine usability and your ability to utilise every functionality of the product. Several other characteristics are also determining for the importance of a good project management software dashboard.
Enterprise Project Management is as much about continuous service improvement (CSIP) as it is about on time execution. Having multiple inflight strategic initiatives calls for real-time tracking, analysis and course correction where needed.
In this article we will see some of the must haves enterprise reporting for your organization.
Before we begin, let us take a quick look at what are the key factors that really matters for enterprises.
- Resource Allocation Reports
- Time and Cost Reports
- Project Overview
- Enterprise Portfolio Dashboard
Resource Allocation Reports
First and foremost having the “right” overview of your available resources vis. a vis. your project pipeline is very important.
It not only gives you how many of your billable resources are sitting on bench and can be re-purposed to billable projects to start with.
Secondly, you know how much more work you can take up or accomplish with the available resource pool.
Organizations are complex, and that they are constantly evolving to adapt to advances in technology and, therefore, the changing needs of their market.
To realize the specified business change, there are likely numerous inter-connected large-scale projects on the go at anybody time.
So how does a corporation allocate resources efficiently across these projects?
While it's true that every one of the individual projects mentioned above are going to be travel by a project manager, they're likely going to be primarily concerned with the progress and success of their project with less concern for the general objective of a gaggle of projects At a better level the organization needs individual projects to return together seamlessly and integrate to supply the specified business change within the desired timescale.
To make sure this happens and make the required adjustments when projects deviate from the business objective, organizations will often search for some extent of accountability over-arching the varied projects – namely the Program Manager.
A program is a restricted set of projects that, when combined, achieve a selected business objective.
