Because projects are temporary endeavours undertaken to create unique products, services or results, organisations have temporary resource requirements that need to be accommodated. But how can organisations avoid resource conflicts between operations and projects and among multiple projects? Guy Wilmington provides the answer.
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RedR Australia will be hosting two information sessions in Sydney and Melbourne about aid projects in need of specialised talent.
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If you haven’t already discovered the game Angry Birds, you may be missing out on some valuable project management lessons, writes Liz Pearce. Now, if only PMI would grant PDUs for the time we spend playing it…
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Planet Plumbing formerly used MYOB and spreadsheets to manage projects, accounts and project estimating but then found Jobpac worked better for a project-based business. Anthony Alafaci of Planet Plumbing tells us how he uses it.
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For a professional services firm where skilled staff such as project and engineering consultants represent both their biggest cost and biggest source of revenue, effective resource management is critical to creating client value, enhancing profitability and maintaining a competitive edge.
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Juggling client expectations and internal ROI
All businesses strive to manage their resources as efficiently as possible. But for a professional services firm where skilled staff such as project and engineering consultants represent both their biggest cost and biggest source of revenue, effective resource management is critical to creating client value, enhancing profitability and maintaining a competitive edge.Clients want to know that their investment will improve their business, whether by lowering costs, enabling efficiencies or expansion into new markets. They also need assurance that a project will complete on time, on budget and within the agreed parameters. If a deliverable does look likely to slip, then they expect to be informed as early as possible.
As such, professional services firms need complete visibility across their business. Projects must be planned, resourced and executed in a way that allows a firm to find the right combination of team members and skill-sets to maximise billable hours at lowest cost and achieve the best possible margin.
They also need to be able to bid for contracts safe in the knowledge that they have the headroom to deliver on what they have set out within the tender. This is particularly challenging in the current economic climate, where headcounts have been reduced and recruitment programs frozen. The more prospective projects there are in the pipeline, the greater the risk that resources will be overstretched.
Author: Dean Lewis
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Does technology make projects easier to do or does it cause more frustration than it’s worth? When we talk about IT projects, why do so many people bring up the damning statistics about mass IT project failure? If a tree falls in the woods…
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Employees working in a project-based capacity, in part-time roles and on flexible hours are on the rise, according to the Australian Bureau of Statistics’ recently released Now and Then—50 Years of the Labour Force Report.
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The cost of getting the classification of contractors wrong is high and anyone with contractors on their books needs to make sure that they have been correctly classified for tax, superannuation and fair work purposes.
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Mining demand and soaring terms of trade are driving a two-speed economy, according to a report issued by global recruitment and management services firm Hudson.
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