Having worked with many professional service organisations (PSO’s) over the years, from SME’s through to many large multi-nationals, many fail to see the benefits that simple timesheet billing software can bring to the business, especially from the point of view of improving cashflow and increasing profitability. A key way of achieving this is ensuring that … Read more
One key benefit of implementing time sheet software in a professional service orgnaisation is the potential to increase profitability. How you increase profitability varies depending on the organisation, however multiple options exist from improving productivity, reducing project costs or more accurate revenue recognition. In this article we examine three ways of ways of how time … Read more
For many project driven or professional services organisations, managing resources and ensuring projects are delivered on time and within budget will be a delicate balancing act. In our turbulent times and with fierce competition, professional service organisations are having to work harder and harder to retain customers and win new business – and with budgets being squeezed, … Read more
This is sort of an age-old question in the project management world, isn’t it? What skill set or character traits do I need to become a good project manager? Every individual who is considering entering the field should ask this question of themselves, their colleagues, and some established project managers. The field isn’t easy and … Read more
With the tough economic conditions over the past few years, Professional Service Organisations have been forced to lower operating costs and look for cost effective ways of retaining and gaining new business. As conditions improve Professional Services Organisations should be focused on understanding how they can improve on the projects that have been delivered, as well … Read more
If I were to walk up to you and ask you to name your top five project customers, could you? If you can, you’re doing all right. Now, if I were to ask what ‘extras’ you’ve done for those five customers or consulting clients to make them feel special, could you indicate anything? Or have … Read more
Small businesses everywhere are faced with two major issues during these critical economic times: • The need to reduce expenditures • The even greater need to retain their current customer base and expand to maintain or increase revenue Small Business Growth Startups and small businesses are growing, doing everything they can to add revenue, add … Read more
There are times when by-the-book is important. Be stubborn, stick to your guns, be unwavering. You know the drill. But as a project manager you know that will only get you so far when you’re dealing with clients who are somewhat vague on what they need you to do for them. They’re relying on your … Read more
When implementing Project Management solutions I am often in discussion with Project Teams and Managers in how to control and identify Risks within the Projects at various levels. Commonly we have reliable methods to control scheduling and communications but don’t manage the Project in relation to key objectives and associated Risks. Using a Risk Score … Read more
In this article I’m going to discuss the act of managing projects from a consulting angle. I’ll approach it as if you’re coming in to run an engagement as an independent consultant rather than a project manager from a PMO. I’m guessing our readers come from both professional walks of life… So, you’re an independent consultant and … Read more
