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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Miscellaneous » Virtual Collaboration Advantages and Disadvantages
Virtual Collaboration Advantages and Disadvantages  

Virtual Collaboration Advantages and Disadvantages



 
 

Modern life-style that requires seeking for more intensive ways of utilizing any resources, including time as one of the most valuable ones, predefines virtual collaboration success as it is provided by modern communicational means, such as computer-based technologies. Let’s consider real virtual collaboration value to know if it actually makes any sense to implement this practice as a part of your normal day-to-day business process, & therefore let’s take a look at advantages:

  • It enables individuals and workgroups to communicate and work together at a single project from any remote locations worldwide through the use of proper technology;
  • It allows minimizing time spent for interactions between employees and managers since there is no need to use any time-consuming paper-based administrative procedures – all operations are performed electronically;
  • Decreasing administrative costs, because of paperless collaboration, no need to maintain office space for some employees working remotely, and other factors increasing productivity;

 

Disadvantages may appear in some industries where people need face-to-face interpersonal contacts to carry out their duties:

  • Cannot completely replace interpersonal contacts;
  • Needs acquiring and installing different software packages (extra costs for company’s budget);

If you would like to try out benefits in your own experience, then you may try using VIP Task Manager that is a client-server program that allows establishing collaborative relations at workflow and tasks.

To perform collaborative tasks – do the following:

  • start your project planning software;
  • set a suitable layout of task groups to represent the project;
  • prioritize your tasks and define how to lead your group through them;
  • plan and schedule tasks and project arrangements in terms of target dates, costs, time, etc;
  • assign tasks to doers and control their productivity in real-time;

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