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In design studios, advertising firms and marketing agencies, resource portfolio management (RPM) is an important way to keep projects on track. Where marketing agencies are eager to use the latest software for design, website build, animation, etc., they often still rely on less sophisticated tools like Excel spreadsheets for managing and scheduling their resources.

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A disorganized project can be extremely costly. Our three powerful project management budget tips will help you take back control of your project budgets.

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Organizations that have relied on Microsoft Excel for years are increasingly coming to realize that the tool simply isn’t up to the task of managing projects. As a result, more and more businesses are beginning to look for alternatives to Excel.

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Are you using Excel for project planning and resource management? For decades, Excel has been a popular choice and an essential tool for project and resource managers. However, this approach is becoming increasingly incompatible with the modern, digital and highly connected workplace. For organizations aiming to work faster, to work smarter and to put productivity first, there’s a better alternative to managing resources.

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Resource management has long been thought of as part and parcel of the project portfolio management (PPM) setup, relegated to being just another aspect to managing a project from planning to execution. And, while technically this is correct, when you don’t give resource management your full focus, your projects can really suffer. That’s why a lot of companies have recently begun thinking of the resource side of their projects as an entire project area that requires its own, deliberate focus right from the beginning of a project.

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Many projects get delayed because project managers lack insight into the true availability of their resources, or how long it takes them to complete tasks. By using timesheets for resource tracking, you can gain more accurate insights into how much time a specific kind of project or task would require.

Let’s look at why resource tracking timesheets can help your organization’s project management.

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Searching for Excel resource management templates is often the first step project managers take when trying to get a hold on resources. Rather than just asking around the office to see who’s free, Excel resource management templates let you visualize who is available to work, how many hours they have free, and make it less likely that you’ll over or under-allocate work to specific employees.

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One of the key limitations of project management software is that it restricts your flexibility when it comes to task management and allocation. Let’s explore these issues and look at how you can overcome one of the major limitations of project management software in the process.

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