Tag: Project Management

Why Does Your Company Need to Be Familiar With Project Management Software Today?

Do you believe that project management software is just an annoying business buzzword? Well, in fact, it’s not just a buzzword.

In today’s competitive business environment, project management software helps companies to engage employees, boost overall performance, and keep the project on time and under budget. If you want to learn more about why your company needs to be familiar with this type of advanced software, just keep reading.

1. Connect People In Your Workplace

To complete the project successfully, you should ensure that your team is connected. Why it’s so important? Because if no one in the team knows what others are doing, it’s impossible to deliver quality work on time and budget.

The project management platform works as the main hub of socializing and exchanging information. The platform shows team members what their colleagues are currently doing and on what tasks they will work next.

2. Improve Employee Performance

Project management software helps not only to enhance collaboration but also to delegate tasks in a more effective manner. It makes it easier for managers to track the progress of every team member and distribute workload evenly.

“Project management tools help to motivate employees to work harder. Since team members are aware of monitoring and tracking, they try to complete their tasks faster and better,” explains Rita Miller, a project manager at Studicus.

3. Complete Work On-time

Project management and time management go hand in hand. That is why project management software was primarily designed to solve time management issues and keep delays out of the way.

To prevent overdue and to keep every team member on board, this software allows sending real-time notifications and reminders. It helps to ensure that every single task, subtask, and individual assignment will be completed on time.

4. Stay Within A Given Budget

If a company can control the time spent on the project, it can also calculate billable hours and figure out how much exactly the project will cost.

“Using project management software, it’s easy to monitor the earned value, return on investment, and other indicators. It’s also easy to assess project health and prevent any issues before they happen,” says Joshua Ashton, a financial manager at BestEssayEducation.

5. Adjust To Changes Faster

Today, both small companies and big corporations face issues while adapting to change in the business environment. But fortunately, modern project management software can solve most of these issues and help the company to keep up with industry trends.

Using project management tools, you can determine which portion of the project carries the highest risk and define where you might need to allocate more time in the schedule. Besides, you can apply these tools to systemize knowledge in order to boost your efforts and overcome uncertainty.

Now you know why your company should use project management software. So don’t hesitate to take the next step! Chose software that suits your business and train your employees on how to use it.

5 Things to Know About PRINCE2 Certification

Project management plays an important role in the organization’s growth. It is a crucial element of organization irrespective of the team because learning the best project management methods offers a strong foundation as well as builds an effective project management team. This is the reason a lot of aspirants go for the project management certifications like PMP, Project+, PRINCE2 that can validate your skills and knowledge of this field. Many aspiring managers are opting for the widely recognized PRINCE2 certification these days. 

What is PRINCE2 Certification?

PRINCE2 stands for PRojects IN Controlled Environments. This certification is a collection of process-based methods for effective project management used extensively by the UK Government and worldwide. There are over 1 Million PRINCE2 certified professionals are currently working in 150 countries worldwide. This certification develops skills that help in delivering and managing projects. The stats show 67% (3 out of 5 approx.) project success rate for project managers with PRINCE2 qualification. This certification is also very helpful in your career advancement in this field, according to reports, 88% of professionals have said that PRINCE2 had helped them in career growth.

PRINCE2 certification outlines the following eight processes:

  1. Startup
  2. Direction
  3. Initiation
  4. Stage control
  5. Stage boundary management
  6. Planning
  7. Product delivery management
  8. Closing

The PRINCE2 certification is divided into two main levels, Foundation and Practitioner.

  1. PRINCE2 Foundation: This certification proves that the candidate has the required knowledge of the PRINCE2 methods well enough and can work effectively with, or as a member of, a project management team.

Examination format

  • 60 minutes 
  • 60 questions
  • 55% passing marks
  1. PRINCE2 Practitioner: This certification is ideal for professionals starting a career in the field of managing projects. This could be as part of a formal project management function or a role which involves project management as part of day-to-day work.  

Examination format

  • 150 minutes
  • 68 questions
  • 55% passing marks

Interested in preparing for the PRINCE2 exam? Pick a leading and renowned learning platform so that you can gain the skills in that domain. You can try uCertify courses, as provides skills and knowledge in the most interactive manner.