Project Management Information System

Last updated at: 18/09/2018 01:05 AM

Project Management Information System

Project Management Information System

The information system is the logical organization of knowledge needed by a group of the member to execute a project successfully. It is a software application and a sequential procedure for collecting and using project information.

It assists the project manager by providing the required information for the development of the project. It provides quality information on costs, schedule, project plan, and the expected results. The major goal of such a system is to provide an automated system that organizes and control the processes involved in managing a project.

In the development of a project, this system can be used to create schedule, calendar, cost estimates, risk management and to get feedback from concerned investors.

Project Management Information System

These are tools that can be used to improve project manager skills by collecting, combining, interpreting, and delivering necessary information at the exact time through either electronic or manual means. This can be used by two arms of project management (upper or lower) to communicate information with each other.

A PM information system has a work breakdown structure (WBS) construction project tools, calendar and planning features, administrative tools, Gantt charts, Quality control charts, and other charting functions, deadlines based on the project schedule, estimation of the crucial path and balanced reporting functions.

The project management information system also includes a configured management system for monitoring all changes construction in project processes, all types of project planning models, and arrangement of processes. The software assists the manager to manage all the functional features of the project such as deliverables, tracking of workers, risk assessment, product quality. It also offers the project team to estimate the deliverables so that it will meet the specification of the project objectives.

Project Management Information System

The effective management of a project can come to life with the use of a suitable project management. The use of information system for all projects helps in controlling and monitoring the project. A detailed system would include the complete life cycle of a project and very useful in making technical decision about a project. It also receives real information about the present state of a project at specified time, process this information to analyze the effect in terms of the deadlines, product and cost for executing the project. This information that is processed is made available to the project manager and his crew to digest it and make necessary corrective measures before executing the project.

The initial investment such as time, effort and money in system can be challenging sometimes, this system is very effective in lowering the risk and increasing the product output.

Project Management Information System

If your organization that established a construction project management information system will enjoy the following benefits:

Improves collaboration

Collaboration has to the harmonious relationship between the client satisfaction and successful delivery of the construction project. When project team members, executives, skilled workers, casual workers have access to necessary information, they can collectively work towards the project goal and objectives.

Delays, downtime and unnecessary costs are avoided using a more organized plan to execute the project.

Gives rooms for agile processes

Members of the team who are able to visualize the efficiency of the project operations will be more concerned by doing more tasks than required to ensure the process runs smoothly and always meet the requirements of the project. The team members should be well informed on how to manage risk and alter plans to avoid project failure.

Devoted systems enable you to stick to the project plan

To ensure your project progress is in line with the project plan, you must know exactly how individual action and tasks can have a significant effect on the project plan and project deliverables. Project information management system will make sure that project workers are informed about the status of the project and how their actions are responsible for that state.

Allows you to track full details of project

You are well knowledgeable about the information on a project when using project information management system. The information about a project could be the finances, labour, expenses, benefits of the project, risk. Because of this, you can monitor the project in details and you can make alterations to meet up the project requirements.

Allows for quick reporting

Reporting refers to the detailed information about the efficiency of the project manager and his team. Project management information system is used to create reports and provide information through dash-boarding tools. Time savings in reporting will allow you to focus on more crucial tasks relevant to the project.

Project management information system can be used to analyze and process huge amount of data within a short time that could be difficult for project members. The project management information systems can also the performance trends that may not be available using other software.

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