Best practices for approving time sheets
For your project-based service providers, hours are the fuel on which those companies run. Therefore, those hours must be complete, correct, and available on time.
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For your project-based service providers, hours are the fuel on which those companies run. Therefore, those hours must be complete, correct, and available on time.
You probably heard of data looting, information leakage, and losing laptops. Data security is crucial because it can have significant consequences for your business.
The GDPR sets rules for protecting personal data throughout the EU. This legislation affects any company that uses personal identifiable data for planning projects.
We regularly see that project-based service providers enthusiastically start a trial version of Timewax, only to find that they’re not properly prepared. Their organization is not yet in place.
Many companies struggle with how to use their employees for projects. In particular, the tug-of-war over employees from different parts of the company has shown to be disastrous.
Planners and project managers sometimes clash in the workplace. We are all familiar with situations where project managers eagerly start to claim employees, only to be blocked by the planner.
Collaboration is important. But remember that each person works together differently. Which Belbin team roles best suit the skills of a project and resource manager?
The 80/20 rule, also known as the “Pareto principle”, asserts that 80% of all outcomes are a result of 20% of the effort. Everyone knows about the example.
Service providers who carry out projects for their customers generally want two things: on the one hand, a fast and satisfactory result for their customers, and profitability on the other hand.
Many businesses only see afterward what their project margin is. As a result, sometimes they come to an icky conclusion; the project wasn’t profitable. Recognizable?
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