Business processes have been streamlined and data consolidated using enterprise resource planning (ERP) solutions. Despite knowing the potential benefits of ERP, professional service firms may wonder if it's the right choice for their industry! This article will...
Have you ever found yourself in a situation where you had a great idea for a project but had to shelve it because of limited resources? If so, you're not alone. Resource constraints are a common challenge in project management, and they can be frustrating for project...
As a professional services firm, your clients rely on you to deliver projects on time, on budget, and to their satisfaction. In a competitive marketplace, delivering successful projects can make all the difference in retaining and attracting new clients. Effective...
Project management is a challenging profession that requires a combination of technical, behavioral, and contextual competencies. As a project manager, your ability to successfully plan, execute, and close projects are largely dependent on your competency level. In...
I. Introduction Professional services resource management is critical for businesses that offer professional services, such as consulting, engineering, and legal services. Proper resource management ensures that the right people are assigned to the right projects at...
I. Introduction In the world of professional services, project management is essential to meeting client needs, completing projects on time and within budget, and maintaining profitability. However, managing projects in the professional services industry can be...
I. Introduction to Resource Balancing: I. Introduction Definition of resource balancing in project management Importance of resource balancing in project success II. Identifying Project Resource Requirements Assessing the project scope and objectives Identifying...
Ever find yourself without the right tool for a job? Maybe the screw fell out of your glasses, but you don’t have one of those tiny screwdrivers you need to replace it. You try the edge of your credit card, a thumb tack from the wall, a paper-clip you bent into a...
Without a project resource management system, it is difficult for any project (or team) to succeed. It’s all too common to have resources from different projects overlap or for certain tasks to suddenly need additional people or equipment. When this happens, the...
Project management is a complicated beast, mainly because it requires monitoring resources. And resources – whether people, time, or money – can rapidly disappear. However, with a resource histogram, project managers (PMs) don’t have to panic. That’s because they know...