In the 80s and 90s, to-do lists, floppy discs, and hand-written
notes littered every harried project manager's desk in their effort
to keep projects moving and on time. In the 21st century, projects
are far more complex, deadlines are tighter, and internal and
external teams are involved in every stage of the process. Project
management software has become an indispensable tool, but
businesses are failing to realize its full potential. Srikrishnan Ganesan, co-founder of Rocketlane,
advises organizations to recognize the clear correlation between
structured and interactive project management systems and
successful business outcomes in the modern project lifecycle.
COVINA,
Calif., April 23, 2024 /PRNewswire-PRWeb/ --
Project Managers (PMs) are the conductors of the orchestra of team
members involved in the successful execution of a project.
Surprisingly, only 46% of organizations consider project management
an imperative for the completion of a project on schedule and
within budget constraints. While PMs consider project management
software as essential, many businesses continue to rely on Excel
and other antiquated and fractured PM tools. For those who have
invested in PM software, only 35% of their PMs are satisfied with
their PM systems. (1) Srikrishnan
Ganesan, co-founder of Rocketlane, urges more
widespread adoption of PM systems, saying, "Effective PM tools
should provide a 360° view of project performance to streamline
collaboration and communication in real time. It's all about the
big picture, keeping budgets on track, and maximizing
profitability."
"Rocketlane has helped its customers reduce
their time-to-value by at least 15%, making life easier for
businesses and their clients. That's life in the fast lane." -
Srikrishnan Ganesan
Remote work has been steadily increasing. In 2023, 12.7% of
full-time employees were working from home. Projections suggest
that by 2025, 32.6 million Americans will be working remotely. (2)
Remote project management poses several challenges, notably
communication, collaboration, and productivity monitoring. Without
face-to-face interaction, it is more difficult to convey complex
ideas, which can lead to miscommunication and frustration.
Isolation from traditional interoffice synergy requires a new
approach to collaboration to avoid siloed teams. Monitoring
progress remotely requires alternative strategies to ensure
deadlines are met and standards upheld. (3)
While the primary focus of most PM software has been on internal
teams, Ganesan reminds businesses that many projects are
customer-facing, warning, "This lack of alignment makes it
challenging to customize views for clients or gather feedback
throughout the project timeline." Traditional PM tools lack
mechanisms to gauge customer sentiment in real time, leading to
post-project evaluation rather than proactive adjustments.
This discrepancy highlights the need for tools that prioritize
customer input and facilitate seamless communication between
project managers and clients. Additionally, existing systems often
rely on reactive dashboards to flag issues. In contrast, there is a
growing emphasis on proactive project governance through alert
mechanisms and early warning signals, addressing issues swiftly and
ensuring smoother project execution.
Rocketlane brings accountability through a customer-facing
experience and early-warning systems. It provides visibility for
all stakeholders, which creates better discipline among
collaborative teams. It is an all-in-one customer portal—a one-stop
shop bringing everything together in one experience. Rocketlane
offers dynamic templates based on existing customer information to
create the best project plan for clients.
Enterprise projects typically require two to three meetings per
week. Rocketlane removes redundancies, allowing project managers to
create documents and tasks capturing ad hoc action items directly
following a meeting without having to do the double work of email
and copying/pasting notes into a PM tool. Rocketlane can also help
to staff a project with one click and optimize balancing the
workload for the entire team.
Ganesan emphasizes the importance of open collaboration: "An
all-access, all-hands-on-deck approach to every element of the
project life cycle saves valuable time and resources. Rocketlane
has helped its customers reduce their time-to-value by at least
15%, making life easier for businesses and their clients. That's
life in the fast lane."
About Rocketlane
Rocketlane stands at the forefront of redefining service delivery
for modern teams. With its cutting-edge platform, Rocketlane
unifies onboarding, implementation, and professional services
workflows, enabling teams to collaborate efficiently with customers
and deliver projects on time and within budget. By integrating
projects, resources, finances, and customer experiences, Rocketlane
not only streamlines operations but also significantly enhances
customer satisfaction and profitability. This transformational tool
offers a unique trifecta that propels businesses towards
exceptional delivery performance, making it the ultimate solution
for modern service teams looking to achieve world-class results.
For a comprehensive understanding of Rocketlane's offerings and
impact, please visit their website https://rocketlane.com/.
References:
1. "As You and I Both Know, the World of Project Management Is like
a Vibrant," Project Management Practise,
projectmanagementrevolution.com/Project-Management-Statistics-2023/.
Accessed 11 Apr. 2024.
2. Haan, Katherine. "Remote Work Statistics and Trends in 2024."
Forbes, Forbes Magazine, 9 Jan. 2024,
forbes.com/advisor/business/remote-work-statistics/.
3. Celoxis. "The Impact of Remote Work on Project Management:
Challenges, Opportunities, and Strategies." LinkedIn, 31 Jan. 2024,
linkedin.com/pulse/impact-remote-work-project-management-challenges-opportunities-9332f/.
Media Inquiries:
Karla Jo Helms
JOTO PR™
727-777-4619
jotopr.com
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SOURCE Rocketlane