proRM Business Solutions: Real Time Project Monitoring
The most innovative part of proRM is the “Real Time Process Monitoring” (RTPM) concept with “Estimated to Complete” (ETC) for activities, tasks and projects. Traditional project management software usually only takes the estimations that have been made by the project managers into account. Project manager would estimate a fixed number of hours or man-days for a task and every calculation for completion and budget is done based on this estimated fixed value. In reality however, the actual status of the tasks almost never meets the estimation of the project manager, because the project manager’s estimation is nothing but a forecast and planning before the task actually starts. The real time monitoring and proactive approach requires more than that though. Exactly this critical issue for a proactive project and resource management is solved in the best and simplest way by proRM as an absolutely unique feature in the market. proRM introduced the “ETC” concept to realize “RTPM” for innovative project managers and employees. When the project employees are creating their time entries for the assigned project tasks, they also provide their estimation for the rest of the task to be completed. This real time value coming from the employee for each time entry will be used by the proRM “Project Controlling Module” to provide a real time analysis about the tasks and projects considering task and project completion, budget, budget requests, danger areas and possible project delays by …
May 12, 2012
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Posted by cheyingtan
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