For professional services firms, having a reliable project planning tool is critical to ensuring projects are profitable. Therefore, a project planning tool needs to be intuitive for users and must improve project scheduling and resource planning. With Deltek Vantagepoint, project planning has been taken to the next level with a focus on the features and functionality that project managers need. Here are some key features of Vantagepoint that will assist project managers with delivering successful and profitable projects.
Use Project Templates in Deltek Vantagepoint
Before your firm actually starts a project, it must first propose how it will deliver the project for the prospective client. Therefore, a project plan must be created during the project proposal development process. Furthermore, your firm will want to ensure its proposed project plan is aligned with its typical project delivery method. With project templates, firms can quickly create a project plan based on the type of work being requested by the client.
Aside from the ease of creating a project plan, using a project template ensures that project managers are using the correct work breakdown structure (WBS) that aligns with their firm’s project delivery model. In addition to containing all the WBS levels, the plan created from the project template will include all the required pre-defined data fields. In summary, project templates:
- Save time when you create new project records
- Guarantee data uniformity in your project records
- Ensure new projects are set up with the proper WBS
Take Advantage of Labor Codes in Deltek Vantagepoint
With Deltek Vantagepoint, the ability to plan labor resources down to the labor code on a project is now possible. This additional functionality, which is seldomly seen in other project planning tools, allows project managers to better manage their project labor planning. With this increased level of granularity, firms can more accurately create internal budgets and improve labor tracking by department, service, or staff level.
The benefit of using labor codes is that the same labor codes are used across the board for all projects. As a result, project reports can include additional and meaningful labor detail that can be sorted by labor code. Additionally, firms that use labor codes can allow employees to bill time at multiple rates if they perform different jobs during a project.
Adjust Project Timelines with the Interactive Gannt Chart
Gantt charts are a great visual assistance tool for project managers, and Deltek has gone a step further by making them interactive in Vantagepoint. For those that are unfamiliar with Gantt charts, they use bars to illustrate a project schedule which can also include dependency relationships between activities and their scheduled time. With the project Gantt chart in Vantagepoint, project managers can adjust the project schedule from any level of the project by simply dragging and dropping the timeline bars.
As a result, project managers now have an easier way to adjust dates as changes to the project occur. Additionally, Deltek has included the ability to export the project Gantt chart in various formats. Among the options are PDF and PNG, and all can simply be attached in a project contract or proposal.
Take Control of Your Project with Deltek Vantagepoint
As you can see, there are several valuable features in Deltek Vantagepoint’s project planning capabilities that other project planning tools are still lacking. From providing project templates, to offering labor codes to the interactive Gannt chart, Vantagepoint is taking project planning and delivery to the next level. Now is the time to step up your project planning and delivery with Deltek Vantagepoint.