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Everyone has experienced buyer’s remorse at one time or another. Maybe you return the item, and maybe you pay a restocking fee, but there’s no real harm done. However, when you’re a small or midsize business (SMB), it’s not as simple to get out from under a bad project management (PM) software investment. In fact, impulse buying or getting sold on unnecessary features without proper evaluation often lead to a failed implementation – an investment that most small businesses can’t afford to waste.

We’re sharing several tips for selecting a Program Management software system to give you the best chance for success.

Follow an Outcome-Driven Approach. When considering a new program management tool, keep in mind that selection is relative and depends entirely on usage. A solution that worked for a different company, or even a different department, may not fit with your team’s workflows. So, it’s important to conduct team-specific evaluations each time you consider adopting a new tool.

Define desired outcome. Identifying the specific problem you are trying to solve helps determine what the tool is being asked to deliver. When you know what the expected results should be, you are in a better position to choose a tool that is capable of delivering those results.

Perform stakeholder analysis. Identify your key stakeholders (those who will actually be using the tool). Focus on their requirements with the goal of creating a list of “must-have” versus “nice-to-have” capabilities. Prioritizing these needs helps ensure that you are fitting the new tool to existing workflows.

Determine key capabilities. Once you know your requirements, you can narrow down your list of must-have capabilities. Focus on the items that drive the most value and help you accomplish the objectives you’re working toward.

Following these simple suggestions will help you determine the appropriate system for your needs.  

A comprehensive Project and Cost Tracking solution is one of the most important investments your business could make. Give us a call or contact us today for a free, honest and unconditional discussion and we’ll be happy to help however we can.