Project Management: Speed Vs cost

So far we had discussed much important information regarding project management. We had discussed that what actually project management is?? We discussed project management framework, agile project management and various qualities of project manager required during project management.

Today we are going to discuss the speed vs cost scenario in project management. Yes, it is very important to point regarding project management which really needs to be discussed.

A client of a particular organization expects 3 basic things from the service provider. And these 3 things are speed, cost and quality. Actually is very difficult to maintain a balance between these 3 key points.  In order to maintain balance, a project pre-planning is very much important. For this, we have to discuss various points of what is the actual requirement of the project? How much human resource it deserves and what is the deadline for the project. 

These two factors of speed & cost are actually a part of project management triangle. According to this project management triangle, the quality of the project depends on scope, schedule & cost.The process of managing project cost is actually an activity for estimating project’s cost, developing project budget & controlling spending.

We all know that the success of the project, they need to be performed and delivered under certain constraints. And we listed these constraints as scope, time and yes cost.

It is well known that if a particular project is completed on time, then obviously the client will be happy and pay the service provider what he/she actually deserves.  And think of a scenario when the service provider is not able to deploy the product before the deadline. Then obviously, the client will not pay the service provider. Therefore, the speed is inversely proportional to cost in project management.

This is all for today’s article. For more information please visit www.scopidea.com

What is an Invoice ????

Project Risks & How to Cope Up with Them During Project Management

Previously we had discussed project management a lot. We discussed various huge benefits of project management tools and various other key qualities of project management and many other articles regarding them. And today we are  going to discuss various risks or other related problem indulged in project management. We also discuss various solutions by which we can cope up with such risks.

Before discussing today’s topic let us first summarize that what actually a project management system?? This small revision let our readers understand this topic easily and efficiently.
Actually, a project management system is a software application that helps users or clients to manage their project effectively. Project management system consists of various phases of management of the project. These phases are initialisation, analysing, designing, developing, execution etc.

Although there are various risks that are involved in project management. But actually, there is mainly 4 kinds of risks that generally occur. These risks are:

Scope risks
In scope risks, consider a situation when a client goes on adding various features the project and developer go on adding them  then the risk of scope might occur. I mean anyone can confuse that whether the resultant project is under scope or not.

·         Various integration issues

·         Risks related to hardware & software

·         Change in dependencies

Resource risk

It is that type of risk which occurs due to outsourcing and other personnel related issues. As we all know that in big companies or organisations, there are a number of employees who do work on complex and big projects simultaneously. As this needs a further complex situation that all employees should required resources in order to accomplish their tasks. Therefore, there should be a full proof resource planning in project management.

Scheduling risks

There are various situations in which a particular project can not accomplish in that scenario in which it was scheduled initially. And for these hectic situations, there could be various possible reasons.
For example, a test team cannot start their tasks until and unless the developer team finishes their task. In order to resolve these issues or problems, we are provided with the tools such as work breakdown structure (WBS)

Technology risk

This issue or risk is a severe consequence of software & hardware defects or a certain failure caused by underlying service or platform.

This is all for today’s blog and in our next post, we will discuss that how can we overcome such issues. Till then keep visiting our very own https://www.scopidea.com/

5 HUGE BENEFITS OF ONLINE PROJECT MANAGEMENT SOFTWARE

In our previous posts, we discussed project management software thoroughly and today we are going to discuss its top features and advantages that make any business well organised and more efficient.

But before discussing its features let's have a quick look on what is project management software??
Project management software helps an organisation to plan, organise and manage the data or information so that the project will execute efficiently.

We will discuss these key benefits of project management software one by one. Let's have a look upon these advantages:

1. ACCESSIBILITY
   
   By using Project management system which is a collaborated system we can highly reduce certain barriers which slowly and steadily keep reducing the efficiency of our project. These barriers could be time, space and geographical barriers.
   
   Because of these barriers the user becomes limited to access his/her project with in certain limits. But with project management system it becomes a great advantage that professional access the project anywhere.
   
2. FLEXIBILITY
   
   Project management software is highly flexible in terms of its features and characteristics. Cloud based collaboration and project management systems are designed in such a way that they can efficiently evolve with an organisation's need.
   
   There is no need to determine that actually how many software licences should be buy
   
3. INTEGRATION
   Project management software is highly integrated in nature. This feature of project management tool makes it highly beneficial and efficient as well. Due to this characteristic, Project management system gets easily integrated with other products and applications like google docs, Zendesk etc and thus makes it is more efficient.
   
4. PROJECT TRACKING
   
   Project management system also allows us to track various project and thus enables us to see the overall progress f a particular project at any point of the instance. This greatly helps the project manager that whether the employees are doing their job efficiently or not.
   
   On the same time, it is also beneficial for the employees as they can easily send the status of project progress to their project manager. Also, it eliminates the need for individual status updates, emails.
   
5. COMMUNICATION WITH CLIENT
   
   As we know there are a number of project management software or tools are present online so some of them also have a benefit of providing high-level communication between client and service provider.
   
   Many companies provides their client username and password so that they can efficiently access to their project files as per their requirements.

LET'S EXPLORE FILE MANAGEMENT SYSTEM!!

Before discussing File Management System deeply let us first understand what actually file management system is ???

A File Management System is a system or software that aims at managing various data files in the computer system.Or we can say that FMS is an application that enables us to track the movement of any file right from its creation till its deletion.

File Management System is actually designed to manage individual or group files, for example, students information in school or patients information in any hospital. It has comprised simple and limited capabilities.

Sometimes many people got confused about file system and database management system but these terms have entirely different meaning where file system means to manage all types of files and data in operating system and database management system refers to the systematic way to create, update, and manipulate data.

FEATURES OF FILE MANAGEMENT SYSTEM

• It aims at performing various file operations such as the creation of the file, modification, update retrieval, and deletion.
• In order to track various stages of processing, owner and process tracking is also there.
• Generation of reports
• Notes
• Status.

There is a number of benefits of file management system present in everyday's life. Whether these benefits are related to time, cost or efficiency. Let us take a look on these benefits.

• Retrieval of file or any other data becomes easy and efficient
• Reduced misfiles.
• Reduced human resource needed for managing various files and documents.
• Reduction in office space in order to keep files and documents safe.
• An unauthorized person can not able to access secure files
• Improved service to the client or public as if the ask for a particular record says XYZ, So the service provider can able to provide him/her, the required document in an instance without any delay.

As we all know that the operating system provides its own file management system, but this file management system lacks in features. Therefore, we can buy our own separate file system which would not only rich in features but also exhibit various inbuilt features like superb backup procedures and many more.

MODULES OF FILE MANAGEMENT SYSTEM(FMS)
There are 3 modules of File Management System(FMS)  present:

Receipt Management System

Receipt management system is to manage the receipts which are received by a particular department, organisation or institute.
 various operation that can be performed on a receipt.

• Create receipt
• Edit receipt
• Merge/Unmerge receipt
• Search Receipt

File Management System
File Management system is to create a file and keep track of it. Various operations which can be performed on a file management system.,

• Create Main File
• Edit Main File 
• Search File
• File Movement
• Merge/Unmerge File

Administration Management
An admin is one who have full right to manage users and their respective account, their roles, designation and passwords.
Various operations an administrator can perform:

• Manage Division
• Manage Roles        
• Manage Passwords
• Manage Designation.    
  

In next post, we will discuss file management tools present online, till then keep visiting.
https://www.scopidea.com/
                                                                                                                                             

                    

TOP FREE DOCUMENT MANAGEMENT TOOLS AVAILABLE ONLINE!!

In early posts, we had a talk about document management system many times but this post is regarding free document management tools. But before discussing free document management tools let us have a review on document management system.

Document management system or document management software is a set of computer programs which is used to track, store and manage digital document. Document management system is something that reduces paperwork to a great extent.

There are a number of free document management tools available online. Each and every free document management tool has their own features, characteristics, and attributes. Let us discuss these document management tool one by one.

OPEN KM(Knowledge management)
OPEN KM is one from top free document management tools available online. OPEN KM is best suited for small to medium business. This free document management tool can easily be access on the mobile as well as dekstop.

FEATURES

• PDF Conversion
• API availability
• User controls
• integration with Microsoft office & Microsoft outlook.
• Document check-in/check out
• image editing

Kordil EDMS(Electronic document management software)

Kordil EDMS is a powerful and user friendly free document management tool.  By using kordil EDMS we can easily manage daily progress reports, daily information flow for a particular business and many other digital data or documents.

This fast, efficient, powerful and reliable document management system is best suited for small to medium organisations or companies.Its access platforms are online and on premise. 

FEATURES

• Custom user interface
• customizable functionality
• Version tracking
• Automated version control.
• CAD drawing management. 

FILE DEPOT

File depot is also an open source document management system . Client participation is thoroughly there in order to evolve various development tools as well as applications. It is also best suited for small to medium business.

by using this document management tool we can easily share document by creating a healthy collaborative environment.One should really need to deploy file depot who is still using the facility of shared drive in order to retain commonly access document.

FEATURES

• PDF Conversion
• Document tagging
• integration with Microsoft Outllook
• Automated version control

DREAM TEAM DOCUMENT MANAGER

If you really want a sophiticated, efficient and rich interaction with document you should really go for this online document management tool.
It makes robust document management easier in comparison with managing files on dekstop. Dream team document management is also rich in features and advantages.

FEATURES

• Real time updates
• Integration with Microsoft office and Microsoft Outlook
• Document tagging and assembly
• Records management 

Bit-farm Archiv DOCUMENT MANAGEMENT SYSTEM

Bit-farm archiv document management system is an open source document management and enterprize content management system easily available online. This free document management system is best suited for small to medium business as well as large enterprises.

FEATURES

• Integration with microsoft office and windows explorer
• Webservice interface
• Customizable fields
• Document tagging
• Record Management.

These above dicussed are some of the free document management tools widely used in IT organisations and enterprize businesses. but there are also many other document management systems efficiently rich in features and advantages which we will discuss in our next posts. Till then keep visiting on https://www.scopidea.com/

Document Management System

As in daily life, you have a lot of important documents like passport, ID, salary slips, Electricity bills etc, which you need to keep safe and carefully, similarly you have to manage important document on your mobile, laptop or desktop also. Now the question arises how can we manage these kinds of documents within the system,

So I must tell you that the answer of this question is quite easy and moreover very interesting, Actually we have a system which is not only used to track your important documents but can be also used to manage and store them. And this system is called as DOCUMENT MANAGEMENT SYSTEM.

Document management system is very efficient in its working and implementation. Document management system reduces paperwork to a great extent as we can digitally manage the required documents easily without having any trouble.

If we talk about some key features of document management system. so these are:

• There is a continuous facility of check-in/checkout  and locking is available in this system which provides a superb coordination of simultaneous editing of the content. Its resultant advantage is that users never get confused and one person's edition does not overwrite other's.

• Annotation and stamp facility is also there.

• During any release of a document, in a case of any error, the user can easily roll back, the same solution is also there for any premature release.

• Facility of "version control" is also there, so that one can easily judge that how the document came to be and how it came before???

LET US NOW DISCUSS SOME OF THE MAIN CAPABILITIES OF DOCUMENT MANAGEMENT SYSTEM BRIEFLY

1. METADATA Metadata is actually important information about any particular data. Sometimes the database management system(DMS) itself extracts the information regarding the document and sometimes it prompts the user to add some metadata.
   
   Metadata actually contains information like the date and time on which the document will be stored, Identity of the user who is storing the document in the system, a purpose of the data, file size and many more.

1. VALIDATION
   DMS is capable of having visual validation registration number and other important information like missing signatures, document failures, misspelled names etc.
2. INDEXING
   Indexing refers to the way of tracking electronic documents. In data management system indexing is so simple as if you are keeping track of individual document identifier.Index topology is the critically important area in DMS as it involves rapid retrieval of the required document.
   
    
3. STORAGE
   DMS is capable of storing a number of electronic documents whether they are images, audio or any sort of video. It is able to manage and store the documents in the hierarchy which really reduces the complexity of storage and tracking to a great extent.
4. SECURITY
   As we are talking about storing and managing important documents so security is the most important concern, but in document management system u really need not think about security as document management system is high secured. 
   
   PDF creation means document marked at the time of printing, is an important element in DMS that exclude the chances of unintended use.
5. SEARCHING
   In DMS document can be easily searched without having any delay. They can be efficiently searched by document content and various other attributes.

For more info kindly visit:
 https://www.scopidea.com/document-management-system