Topic: Project Management Software

Crowd of Professional Services Resources

Learn More About Capacity Planning for Professional Services Firms

In the context of project-based work, capacity describes the maximum amount of work you can take on and complete within a specific time-frame. Capacity planning is used to determine whether you have the resources and skills available to do said work. In other words, it’s about looking ahead to ensure that your firm has the…
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Learn More About Project Accounting Strategy for Professional Services Firms

Professional services firms often struggle to deliver projects on-time and on-budget for several reasons. Complex projects have lots of moving parts – making it difficult to generate accurate estimates, timelines, and budgets. Communication issues can lead to delays or expensive rework. Firms might offer discounts to keep clients happy when projects hit a snag. The…
People Using Dolls to Demonstrate Resource Planning in Professional Services

Learn More About Professional Services Success Requires Accurate Resource Planning

Proactive resource planning is crucial to the success of any project-based organization. There’s a lot on the line. Get it wrong, the business loses money, credibility, and potentially, even fails. Poor resource planning triggers destructive ripples across the entire organization — dealing multiple blows to the bottom line. For example, if you underestimate the resources…
Professional Services Industry Technology Impact

Learn More About The Impact of Technology on the Professional Services Industry

Technology continues to shape the professional services industry in profound ways. For starters, cloud-based productivity apps and communication tools have given firms the ability to work remotely and engage clients in new ways. Advances in AI and machine learning can automate back-end processes that keep employees from performing valuable work — and as a result,…
Adobestock Scaled

Learn More About Boosting Utilization Rates in Your Project-Driven Organization

Maximizing utilization is a top priority for any enterprise in the project-driven space. It’s about ensuring your skilled resources are actively contributing to revenue generation. But there’s more to the story than just billable hours. Benefits Beyond Billables Enhanced Customer Relationships: Highly utilized teams have more opportunities for face-to-face client interaction. This fosters stronger connections and…
Professional Services Professionals Discussing How to Meet Business Goals

Learn More About Top 3 Ways Professional Services Organizations Can Exceed Goals in 2022 and Beyond

The business landscape is constantly changing and leaders at professional service organizations are facing new challenges in 2022 that pose a direct threat to their business success and profitability. It feels like no matter where you turn, businesses are closing their doors or limiting services due to a variety of reasons. Professional service organizations, including…