Project Management Tips for New Businesses

If you’re a new business, project management may not be at the top of your agenda, however, implementing good project management procedures now can help you to save time and money in the future.

To get you started, we’ve put together this a few top tips for effective project management in a small business organisation; helping you to maximise your efficiency, productivity and getting your new business off the ground.

What does project management involve?

Project management involves applying different processes, skills, experience and techniques to achieve the project’s objectives. You can do this by yourself internally, or you can hire a dedicated project manager to oversee your business’ projects.

The key difference between project management and management, is that with project management there are set timescales and deadlines to adhere to, whereas management is a continuous process.

When is a project manager needed?

As a new business, it’s likely that finances are tight and you may not have the funds available for a salaried employee. However, there are certain situations where you may need to enlist the the help of a dedicated project manager.

For example, if you need to adhere to a strict timescale or budget, a project manager can use their expertise to help you get your tasks completed in a cost efficient and timely manner.

What are the benefits of good project management?

Practising good project management techniques can provide a wealth of benefits for you and your organisation. Read on to discover some of the main advantages.

A happier team

Your team are more likely to be happier and more motivated when working on projects that are controlled and structured, and project management can help you to achieve this.

Costs are monitored and controlled

With project management, you can see exactly where your budget is being spent and the results that this will yield. This means that there are fewer financial surprises and you can stick to your outlined budget.

Better client satisfaction

Your project management plan can be shared with the client so they know exactly what to expect. This leads to happy, satisfied clients as both parties are in agreement of the planned outcome.

Project management tips for new organisations

We’ve put together a few tips and tricks that you can implement in your startup, to take your productivity to the next level.

Make the most of free project management softwares

Finances are one of the biggest struggles for start ups, that’s why it’s essential to make the most of the free tools and software out on the market.

Fortunately, there are a number of free project management tools that you can take advantage and streamline your business processes. Try a range of tools such as Trello, Wrike and Zoho projects before deciding on the right one for your organisation.

Set clear, defined objectives

Making your objectives clear from the beginning, is an essential part of any project. This helps everyone in the organisation get on board and work towards the same shared goal.

If you’re a new business, finding the time to implement your new project management techniques might seem like a challenging feat, however, this will help you reap the rewards of becoming a more streamlined and productive organisation in the future.

This article was written by Sci-Tech Daresbury an office and lab space campus based in Cheshire.