Effective project management for large infrastructure ventures is critical to keeping projects on time and on budget. Project managers must be able to plan, organize, implement, and control tasks to achieve project objectives.
When you have the right tools in place, you can move your organization forward with confidence. That’s what happened with the Hopi Tribe Economic Development Corp.
Effective management also includes allocating resources and tracking costs to the required level of detail required to ensure compliance with Indigenous Services Canada (ISC) requirements and other applicable regulations. You may have taken training on project management, but how do you maintain control of the detail without the correct financial and administrative tools?
Without a robust, integrated financial and project management software solution, it’s a challenge. Today’s fast-paced, documentation-reliant, Indigenous infrastructure environment benefits from web-based project management systems that provide real-time information anytime, anywhere. This saves time, improves collaboration among team members, eliminates misinformation/confusion, and keeps involved parties well-informed.
Complex project management demands the best financial and administration tools available to assist project managers. It is realistically the only way to help reduce or eliminate the risk of litigation and delays by establishing smooth project workflows for accessing vital information to avoid confusion and costly mistakes.
Sage Intacct offers solutions that can greatly assist with large infrastructure project management issues. It can help project managers and leaders keep everyone informed and on track by automating the process for accessing, sharing, and tracking information online throughout the project. Your entire team becomes more organized, efficient, and well-informed.
Hopi Tribe Economic Development Corp., using Sage Intacct, was able to:
- Increase gross margins by 20%
- Improve cashflow by $500,000
- Manage operations, pricing, and forecasting in real time
- Accelerate ROI on major development projects
See some of the project management options available to help manage projects on time and on budget here.
To read the complete Hopi Tribe Economic Development Corp., case study click here.