As your construction business grows, you have more and more projects to
manage. While you do have the option of investing in extra hardware that can
upgrade your IT infrastructure, you can explore the benefits of cloud computing
with a cloud-based project managementsoftware.
Why infrastructure matters for project management?
In the project management industry, there are many businesses who stay
abreast of the latest technologies. These companies plan their upgrades to
deliver projects that are cost-efficient and manage to gain greater
profitability than other projects. Why?
The reason is simple, the other companies want cost-efficiency but wait
too much before upgrading their IT infrastructure. By the time they upgrade,
the technology has changed. Then, they start thinking again. Meanwhile, the
ones who moved forward have already benefited from their earlier upgrade and
are ready for the latest upgrade.
But wait! This doesn’t mean that you should be pouring in money on
technology without a vision. The project management businesses that succeed make
it a point to plan their upgrades for a specific number of years. These
upgrades are designed in such a way that companies can scale it as per the ROI
period they have planned for the upgrade.
Cloud-based ERP solutions for project management are planned by
businesses who want the benefits of streamlined processes without investing
heavily on hardware. A scalable and flexible project management ERP such as
OMNI ERP utilises the power of cloud computing to enhance business processes
for every phase of project management.
As per
research, cloud ERP solutions were preferred by businesses who were looking for
more features and functionality along with cost savings.
Smoother project
workflow with an ERP
Let’s find out
how cloud-based project management software can help businesses to manage
operations efficiently at every stage of the project management phase.
1. Project Initiation
Phase
The initial
discussions take place in this phase. What is the purpose of the project? Note
down the project goals. Brainstorm ideas with your team members to reach the
desired project goals. Discuss with your project team the possibilities of how
to execute the project.
A project management
solution offers a common platform for all team members to collaborate from
various offices across the globe. The senior team members can select the best
idea from the discussion and give a go-ahead to the project.
2. Project Design Phase
Here, the project
goals are refined. Construction blueprints are created, shared and reviewed. It
is determined whether the chosen path is a viable option.
3. Project Planning
In the project planning
phase, the detailed project plan is created. The different phases of the
project from launch to execution are finalised and a pre-construction project
report is created.
Post-approval, the
proposals for outsourcing work are invited from vendors. The ERP project
management software can be used for enabling vendors to send proposals. The
project owners can compare the quotes of vendors on their dashboard and assign
work to select vendors.
4. Project Launch and
Monitoring
Once all the
approvals are in place, the construction work begins. In this project management
stage, the ERP for constructions gives
a clear picture of the ongoing work to project managers and project owners
through real-time tracking.
All the project
related documents can be exchanged using the project platform instead of
innumerable emails. With email communications, important documents may get
missed out in a clutter of emails. However, email notifications can be set to
intimate project owners regarding important updates.
5. Project Closure
Once the construction
work is complete, the project should be closed in a systematic manner. All the
certifications, approvals and important project document need to be
appropriately recorded. If project management companies have completed the
project for a project investor then all the documentation have to be submitted
to the project investor with a project closure report.
Earlier, handling the
paperwork was more stressful. Now, with a project management ERP, you just need
to select and download all the documents in a printable format and print it for
submission. You can even send a consolidated report via email to your
recipients directly through the construction ERP software.
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At the end of the day, an upgrade such as an ERP for project-based businesses can
assist project managers to easily work with functions such as time tracking,
budget tracking, resource planning, task management, collaboration with teams,
reporting and much more.
Smoothly run your
projects with OMNI ERP, a cloud-based software used by leading construction
project management companies.
To plan an IT
infrastructure upgrade to cloud-based ERP, contact ___________
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