 Issues And Trends Within Portfolio And Project Management PlatformsIn a previous blog post, we have talked about the fundamentals of project management and what key features a project manager would require in order to manage projects in a more convenient, automated and streamlined manner
We also discussed how programs that can cater to the needs of project managers through task automation, data analytics and budget management can help PMO managers make their task easier. In this article, we will be talking about trends and issues related to Project Management and how you can follow those trends in order to develop a more productive approach to the project management needs of your company.  Project and work management are powerful tools for knowledge workers and their teams - but what is collaborative work management, and how does it stand out from the crowd? Let's discover the unique advantages of this approach, and find out why it's the optimal choice for smarter collaboration.
To first understand what Collaborative work management is, we need to understand the difference between Collaborative work management and Project Management.  Since 2020, digitalisation has been at the forefront of the corporate landscape, with businesses worldwide scrambling to keep up with the changes.
The pandemic has only served to accelerate the process, with many SMEs, who lacked the financial and operational strength to ride out the storm, being forced to adapt and embrace technology upgrades. The need for a swift response became clear in March when the Movement Control Order (MCO) was first announced in Malaysia. Starting A New Business? These Platforms Can Help Manage Your Business Better Without Any Experience12/15/2022  As an SME in Malaysia, it is very common to feel like larger corporations and companies are overpowering your ability to perform better. It may feel like they have the resources you lack, such as properly defined departments. Although this makes a difference, there are ways to overcome the lack of resources.
Small and medium-sized enterprises (SMEs) are essential for the growth of the global economy. They account for the majority of businesses in both developed and developing countries. Despite their importance, SMEs often face various difficulties in managing their daily operations.  As a marketing manager, you must have experienced cluttered emails full of campaign request forms, content approvals, and proofing. Fortunately, you’re not the only manager that’s going through these problems.
With the rise of technology and digital media, marketing management has become an increasingly important field. It is no longer a one-dimensional job of simply promoting products and services, but one that requires an advanced understanding of customer segmentation, data analytics, and emerging digital trends.  Resource management is an integral part of any successful business. It involves the efficient use of resources to maximize output from business objectives.
It has become more important in recent years due to the rise of globalization, increased competition, and the need for businesses to remain agile and adaptive. Resource management ensures that the right resources are available at the right time so that a business can meet its objectives.  Every modern business requires a digital workplace to allow collaborative work, communication, and workflows. In this digital workplace, employees are able to access and share data, documents, and applications quickly and securely.
This digital workplace creates an environment that is friction-less, secure, and efficient, enabling the company to achieve its goals. Furthermore, the digital workplace provides tools that foster collaboration among team members, reducing the time required to complete tasks. Digitization of data is becoming increasingly common within business models which shows that businesses are leaning more towards digital transformation.  Handling a multitude of projects simultaneously can be a tough task that requires precise organization, skillful juggling, and an eye for detail, especially when it involves multiple teams across different departments.
A project manager is responsible to ensure that all stakeholders are aware of their individual responsibilities and that the projects are progressing on schedule. To make sure that everything is in order, you must keep detailed records of project progress, budgets, and resources. This will enable you to provide regular updates to team members and help to ensure that deadlines and goals are met. Recently I came across this webpage: How Much Is “The Way We’ve Always Done It” Costing You?. In this page, there is a cost calculator to determine how much time and money you and your team waste on inconsistent processes, status meetings, and tedious, manual work. You may access the cost calculator here: https://www.smartsheet.com/status-quo-cost-calculator Immediately, I keyed in the information to the best of my knowledge and was so amazed to see the time I spent in each of those areas: work processes, status meetings, manual work. Here is a summary of 57Network’s result.  Request Management is a common business use case for any business. Requests are received from both internal and external stakeholders who need support, information, or some kind of action in the day-to-day operation of a business, or to report on unexpected incidents. Your team’s efficiency and business success will be greatly affected if you are still using emails, instant messages and/or spreadsheets to manage your requests. These are good tools for communication and data recording but not efficient in managing the requests raised by your stakeholders.  This graphic highlight the issues you could be facing without an effective Request Management solution |
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