Since the introduction of cloud-based project management, it has gained popularity as a means for businesses to better monitor the intricacies involved with IT projects, such as time management and individual project stages. Its’ usage has grown exponentially so much that businesses are moving to Cloud-Based Project Management Software like Btrix24, Fexspace, Monday.com etc. due to the fact that keeping projects on time and on budget is difficult, particularly for large enterprises. There are some more critical things project managers need to know about adopting cloud project management which include:
Reduces the Costs of Doing Business
Utilizing a cloud-based project management solution is arguably less expensive than the conventional ones for reasons like it doesn’t require a physical infrastructure, cost of power and maintenance, an IT professional to manage it. If we go on and on, we would see benefits of a cloud-based project management solution that will add up quickly. Using a cloud management also relieves you of the additional cost of being accountable for any data recovery in event of data loss like project documents, budgets which can be devastating for the project manager and the business. Cloud project management like Fexspace allows you to customize the software solutions to your needs and migrate project management documents, budgeting information to the Fexspace project management solution.
Saving Money by Allowing Bring Your Own Device
Teams that bring their own device to work favor it since they’re acquainted with its features and functionality and also owing to the fact that it also supplies the business with cutting-edge technology as some team members may bring better devices than the company possesses. Bring your own device (BYOD) is an amazingly prevalent trend saves businesses money, and it puts the responsibility of device maintenance into the hands of employees.
Manage Projects from the Cloud
Cloud project management offers benefits when separating intricate projects into manageable tasks which helps to give team members a better understanding of the goals and scope of the project.
Using proficient a project collaboration tool like Fexspace, enables a team to share project files without using a third-party platform thereby providing productivity and removing unnecessary revisions that negatively impact output. Cloud project management solutions also boosts team productivity purposes, achieving deadlines, and tracking project and completions timelines establishes a baseline for key performance indicators (KPI). With the rise of team collaborating remotely, cloud project management offers the prospect to increase their productivity which is essential to delivering measurable results.
High Level of Safety and Security
In cloud project management, data protection is very critical for most project managers as sensitive and confidential project details must not get into authorized hands. Cloud project management software applications with strong cyber security are very reliable and protects against data loss or breach. Fexspace cloud project management software first-rate security features, using highly protected data centers, daily backups and servers with internal built-in disaster recovery so that the company wouldn’t worry about recovering lost data.
Less Reliance on Email
Cloud project management software are undeniably an efficient system to manage volumes of critical and sensitive project information in an organized structure without having to rummage through numerous e-mail chains. With a system like this in place, you will have a convenient accessibility and visibility amongst a stack of documents which will greatly reduce redundant e-mail dependency.
With a cloud project management solution, team leaders can easily go over schedules using Calendar in real-time to provide an accurate and holistic view of impending projects. Fexspace cloud project management gives you a flexible workspace that immensely enhances team collaboration and productivity levels.