How Data Analytics Can Transform Your Project Management Organization
The most successful teams for projects rely heavily on accurate and real-time data analytics. However, many companies find themselves struggling to be fully data-driven.
One of the main reasons for this is that a wide range of people create project information, including the engineering, vendors Automation groups contractors, operations and even contractors. These groups are working on projects across http://www.websecuredata24.com/how-to-use-codepen-inside-your-webpage/ the globe, and relying on spreadsheets as well as systems and documentation methods to share and exchange information. It can be challenging to ensure that the information that reaches the decision makers is accurate and dependable.
73% of project managers believe that data of high quality will be critical to their success. However only 25% of these teams are «data-driven». Without a central source of relevant real-time data, important decisions are often made from experience and intuition which can cause problems when it comes time managing projects.
A great solution is to centralize the creation and management of project information within the PMO team. This will allow you to create an overview that is filtered and presents the most relevant information for all members of your team. This will help you identify and address issues such as inadequate pipeline capacity or the absence of resources prior to them having an impact on the project’s schedule. This will help you avoid any surprises that arise from bad assumptions or expectations not being met by your data.