Better than Good Enough

Curt Finch is the CEO of Journyx.

Time-tracking solutions can help you uncover hidden opportunities to maximize your project’s value, from more efficient resource allocation to more accurate estimating and bidding. Here’s a closer look at how better time management produces more successful projects.

It’s a thought that is common to nearly every project manager who completes a project, and foremost in the minds of those who fail: “What could I have done better?” It’s an important question, because in this age of highly advanced companies with razor-thin margins of error, “good enough” really doesn’t exist anymore.

If you are not capitalizing on the opportunities available to you, the odds are that you will be overrun by those companies that do. Fortunately, it is not difficult to see where these potential profit areas exist; it just takes a little forethought. Let’s take a look at some important areas where you can uncover opportunities to make more money and save more time and, hey, who doesn’t want that?

Resources

To the project manager, resources means both the people available to work on a project and the material, software, etc. that will be used to complete it. The resources are what make a project possible. Their correct allocation determines the budget for the project, the profit margin, and the number of people who will work on it. …

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