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5 Essential Steps in Implementing Project Management in a Growing Business

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If you’re lucky enough to have worked across the different fields of business in your career, you’ll know that there are a tonne of different management processes that are integral to the growth and sustained profitability.

For many businesses, implementing project management solutions or project management processes is an afterthought, either due to the perceived sheer complexity or the misunderstood ‘cost’ of the processes involved.

How to Implement Project Management in a Growing Business

However, with management solutions out there such as PMO 365, the integration of project management into businesses of all sizes is becoming more seamless than ever.

That said, if you’re a business owner or director of a startup or growing business, there’s a good chance you’re handling all of these management tasks on your own. Though, sooner rather than later you’ll need to hand these tasks off to someone else.

And that’s where the correct implementation of project management workflows comes into play.

In this article, we’ll take a look at how best to implement PM practices and what type of strategy you’ll need to develop to get you on the right track.

The Threat of Bureaucratic Practices

For a lot of business owners, there’s the concern that the implementation of far-reaching project management solutions can greatly impact the smoothness of your business’s operation.

Of course, there is always the chance that things can become a little complex when it comes to project management, however, you’re able to implement these processes and PM frameworks as you please. There’s no one fixed methodology out there.

If something begins to stray from how you’d like your company to run, then you can just cut it out.

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Those points in mind, for the growing business it’s vital that you work to implement a project management strategy that grows with your business.

You don’t want existing staff and all-new employees to become confined or constrained by your project management solutions and eventually run your business in a completely inorganic way.

That said — be strategic, calculated, and implement project management in a way that benefits your business and also factors in the way you like to do things.

Make Use of The Best Project Management Tools

It’s no secret that there are tons of different project management tools on the market today, like the aforementioned PMO 365.

These types of tools have been developed to suit businesses with a range of different management requirements — and it’s good to note that most of these platforms have a lot of flexibility to ensure a vast majority of businesses can make use of them.

When choosing a project management tool or solution, we have some seasoned advice for you below.

Focus on Collaborative Process

As a business owner, you’ll know that there’s little that’s more important than collaboration, and within a team, you’re going to want everyone on the same page at all times.

With that in mind, choose a project management solution that keeps everyone connected and as centralized as possible. You want your PM tools to connect everyone in real-time and not leave some people out of the loop.

In all, collaborative tools keep everyone working efficiently and profitably.

Choose a Dynamic and Flexible Tool

Going back to the threat of stifling growth and becoming bureaucratic, you want to ensure your tools don’t force your brand into this lane. With that in mind, flexibility in your toolset needs to be considered.

Your management tools and processes need to link together with what’s already working in your business, which means accounting, calendars, planners and scheduling tools need to be supported by the tool you’re looking to invest in.

Again, the tools that are as flexible and suited to how you already work are going to be the winners here.

Cost and ROI

As we’re sure you’ll agree, there’s little point in investing in a costly project management tool that’s going to cost you more than it makes back.

Our biggest tip here is to invest in a project management tool in two different ways — either as a monthly option that can be canceled, or on an annual basis that gives you the chance to save a tonne.

It’s always good to try out a service first, assess whether it’s the best for your business and then move on to the annual plans.

Don’t Choose the Most Popular

To end, it’s wise not to go with a tool just because it’s an industry leader or the most popular.

Regardless of how well-renowned a tool is by businesses, there’s still the chance that it hasn’t been designed for your own niche workflows.

With that in mind, take a look at some tools first, try them out, and work to determine which is best for you.

Oftentimes the world’s ‘best PM tools’ don’t work well at all for some businesses.

Hiring a Project Manager

To end our article on the implementation of solutions, you will eventually need to invest in a professional project manager to deal with these tasks — even if just to work with the setting up of project management tools.

You’ll want to employ someone with relevant experience in your specific industry. With most project managers having wide-ranging experience, you’ll likely be in good hands with any manager from any industry, though it’s always a good idea to reach out to someone who’s experienced in the field you work within.

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