Saturday 20 September 2014

Financial Project Management Tips

By Ron Rice


At any given moment during our lives, we encounter many financial project management tasks, which are to be done before a certain deadline.

Productivity is all that matters, as we know that time is money. When the new project items become too many, and meeting deadlines becomes nearly impossible, the stress, which generates from this severely impacts our productivity in a negative way. We need to find ways to tackle these types of challenges at all times!

Financial Project Management Tips #1: Decrease the "Busy" Work by utilizing a project management collaboration platform to streamline and decrease those incessant admin tasks. The inexpensive online platform at Cloud9 Real Time provides for tracking assignments, deadlines, critical task items, co-workers, communiques, requests and accomplishments in one location.

Financial Project Management Tips #2: Utilize Intelligent Prioritization: It's too easy to get buried under a deluge of financial project management tasks. Take a few moments to intelligently prioritize financial project tasks that are needed the soonest or due urgently by co-workers so that they can accomplish their financial project tasks and remain focused on their related assignments.

Financial Project Management Tips #3: Find the 'Big Three': It is best to handle a large project by dividing it into smaller tasks that are easy to handle. You need to take the time and identify the three main aspects of your project and work properly on them, carefully trying not to go out of the timeframe of other tasks as well.

Financial Project Management Tips #4: Reward Yourself on the Good Work: If you and the team have carried out a big task, you need to make sure that everyone is rewarded with something, which will motivate them properly, and keep their productivity going. After a small task is carried out, make sure you spend ten minutes in Facebook for instance, whereas a big milestone task is simply begging for you to have a nice weekend getaway.

Financial Project Management Tips #5: Small Investments Yield Big Rewards: You need to consider investing in a Collaboration Platform - things like memos, e-mails and direct communication might hinder the productivity severely even in small offices. If your financial project management team is virtual, this could lead to a disaster. A simple solution for all your problems would be software like Cloud9 Real Time, where you will be able to maintain all the projects, documents and tasks for your virtual team.




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