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Tuesday, January 14, 2014

Key Financial Project Management Tips

By Ron Rice


It seems like every waking hour, we have financial project management tasks lined up that need to be accomplished before deadlines pass.

Productivity is all that matters, as we know that time is money. When the new project items become too many, and meeting deadlines becomes nearly impossible, the stress, which generates from this severely impacts our productivity in a negative way. We need to find ways to tackle these types of challenges at all times!

Financial Project Management Tips #1: Decrease the "Busy" Work by utilizing a project management collaboration platform to streamline and decrease those incessant admin tasks. The inexpensive online platform at www.CloudSway.com provides for tracking assignments, deadlines, critical task items, co-workers, communiques, requests and accomplishments in one location.

Financial Project Management Tips #2: Prioritize in an Intelligent Fashion: You will find that it is easy for the financial project management tasks to become too much for you to handle. You need to find the time to prioritize these tasks by their respective timeframes, while at the same time knowing that your co-workers can focus on their assignments efficiently.

Financial Project Management Tips #3: The 'Big Three' Strategy: When it comes to working with large projects, you need to divide them into smaller, concise tasks. You will have to make sure that the three main aspects of the project are identified, so that you take care of them, while at the same time fitting the timeframes of smaller tasks in as well.

Financial Project Management Tips #4: Skinner was Right, Always Reap Rewards: When you (or the team) complete on a demanding task or challenge, reward yourself with certain perks that can increase your confidence, augment your motivation, and instill performance velocity. Perhaps you may want to reward yourself with a mocha latte and 10 minutes of Facebook time after a financial project management task is completed, or a weekend getaway after a week where you accomplished key milestone goals.

Financial Project Management Tips #5: Invest A Bit to Get the Big Reward: You should really think about investing in a good Collaboration Platform - after all, you will find that memos, e-mails and other similar things could be highly counter-productive. If you are running a virtual project, you might have serious problems. The simplest thing you can do, is invest in software like CloudSway, which will help you maintain all the tasks, documents and projects for your virtual team.




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