Web Based Project Scheduling Software
Nov 02
Computers And Technology Investment Bank, Software Upgrades, Versatility No Comments
In the never-ending pursuit of increased agility, flexibility and versatility, more and more companies are relying on web based project scheduling software to coordinate their consultants and project-driven staffing. That is because the vendors of online project management software assume full responsibility for configuring, maintaining and administering the solution. This makes a great deal of sense when you consider that according to a 2006 Forrester Research study, 30% of the average IT budget is needed just to cover the salaries of internal staff handling ongoing operations and maintenance of applications that are based on-premises. Therefore, companies that move to hosted, or on-demand, project planning solutions can realize substantial savings.
Lower Total Cost Of Ownership and Faster ROI With Web Based Project Scheduling Software
Findings by Triple Tree, a research-based investment bank, and the Software and Information Industry Association (SIAA) indicate that deploying hosted solutions, like web based project scheduling software, results in a total cost of ownership five to ten times less expensive than on-premises solutions. That is because the workload of internal IT staff and resource allocation is improved. Additionally, capital expenditures for applications and related hardware are slashed since online project management software vendors assume responsibility for these components. Costs for software upgrades are also eliminated. Lastly, project planning solutions with permanent secure connections encourage faster and increased user adoption, which, in turn, streamlines operations, expenses and speeds up return on investment.
More Benefits of Web Based Project Scheduling Software and Online Project Management Software
No matter how well-intentioned the efforts, maintaining on-premises solutions means that as new applications are added, either existing IT resources are stretched thinner and thinner, or operating costs go up as staff is increased to keep pace. Web based project scheduling software, by contrast, shifts all these responsibilities to the vendor’s network and data experts. The resulting benefits of online project management software include:
oInternet accessibility of all stakeholders to real-time project metrics.
oInternal IT staff is freed from maintenance tasks and can devote their efforts to core business objectives and profitability.
oImproved reliability results from the expertise of online project management software providers in security, data integrity, and system performance.
As companies continue to look for ways to increase their competitive edge, efficiency, and profitability, web based project scheduling software should definitely be considered as a way to get the most possible benefits from project planning solutions.
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