Why You Need Budget and Other Project Controls Dashboards
Budget and project controls are essential for any organization that wants to manage its projects effectively and efficiently. Budget and project controls help to plan, monitor, and control the project costs, scope, schedule, quality, and risks. However, budget and project controls can be challenging and time-consuming, especially when dealing with complex and large-scale projects that involve multiple stakeholders, resources, and deliverables.
For project managers, budget and project controls dashboards are visual tools that display the key performance indicators (KPIs) and metrics of your projects in a single platform. That’s where WorkPAK comes into play.
WorkPAK’s built-in business intelligence (BI) dashboards help you track and measure the progress, health, and performance of your projects in real time, using interactive graphs, charts, tables, and other elements. Efficiently review and make informed decisions and adjustments to ensure your projects adhere to budget and timeline constraints, saving time compared to formatting your reports for hours.
How do WorkPAK’s budget and project controls dashboards benefit you?
WorkPAK offers:
- Greater convenience
WorkPAK’s budget and project controls dashboards can save you a lot of time and effort by:
- Consolidating and presenting all the relevant project data in one place. You don’t have to waste time searching for data from different sources, such as spreadsheets, reports, emails, or other applications.
- Access and update your dashboards anytime and anywhere, using any device, such as a laptop or tablet. This makes it easier for you to stay on top of your projects and make timely decisions.
- Increased efficiency
Use WorkPAK’s dashboards to help you optimize your project management processes and workflows by:
- Automating and streamlining the data collection, analysis, and reporting using WorkPAK’s internal BI dashboard.
- Or, use WorkPAK’s integration with PowerBI to create and customize your dashboards according to your project needs and preferences. This can improve your project efficiency and productivity, as well as reduce errors and costs.
- Improved accuracy
Our BI dashboards can help you improve the quality and reliability of your project data by providing real-time and up-to-date information. You can use dashboards to:
- Monitor and control the project variables, such as costs, scope, schedule, quality, and risks, and compare them with the project baselines and targets.
- Identify and address any issues or problems that may affect your project performance, such as delays, overruns, deviations, or changes.
- Ensure that your projects are delivered on time, within budget, and according to specifications.
- Better communication
Improve and enhance the communication and collaboration among your project stakeholders, such as team members, clients, sponsors, and managers with our interactive dashboards. You can use dashboards to:
- Share and communicate the project status, progress, and results clearly and concisely, using visual and interactive elements.
- Solicit and receive feedback and support from your stakeholders, and align their expectations and satisfaction.
Build trust and rapport with your stakeholders, and foster a positive and productive project environment.
- Persuasive evidence
Budget and project controls dashboards in WorkPAK can help you to demonstrate and justify the value and impact of your projects to your stakeholders, especially the decision-makers and the funders. You can use dashboards to:
- Showcase the project achievements, outcomes, and benefits, using data-driven and evidence-based arguments.
- Highlight the project challenges, risks, and lessons learned, and propose recommendations and solutions.
- Persuade and influence your stakeholders, and secure their approval and support for your current and future projects.
In conclusion, budget and project controls dashboards are powerful and practical tools that can help you to manage your projects more effectively and efficiently.
By using WorkPAK’s BI dashboards for budget and project controls, you can enjoy the benefits of greater convenience, increased efficiency, improved accuracy, better communication, and persuasive evidence and take your project management skills to the next level.
