The top 3 benefits of outsourcing your project management
With the workweek becoming more flexible and technology allowing us to work from almost anywhere, the “Gig Economy” is alive and well with no signs of slowing down anytime soon.
If you’re unfamiliar with the phrase, the Gig Economy refers to a free market system in which temporary positions are common and organizations hire contractors for short-term commitments. Traditionally used by musicians, the term "gig" is a slang word for a job that lasts a specified period of time.
There are many benefits to hiring an experienced “Gig Worker”, especially if you’re seeking a savvy high-level project manager that will hit the ground running on a particularly complex or topic-specific project. These benefits include:
1. High quality & output
Hiring project contractors specializing in external project management, brings a high level of expertise to your projects. Their in-depth knowledge and skills mean they can deliver superior standards of work efficiently. Since they have the autonomy to select projects that interest them, they are often more motivated and committed to their work.
This enthusiasm translates to a focus on delivering high-quality results within a reasonable timeframe. Their ability to quickly adapt and understand the specifics of a project ensures that they can meet or exceed expectations in terms of both productivity and output. By leveraging their core competencies, they can manage projects effectively, aligning with business goals and project requirements.
2. Cost savings
While it might seem that contractors, who often command higher hourly rates than full-time employees, are more expensive, the overall cost can be lower. This is because contractors typically work on a flexible schedule, billing only for the hours they work. Unlike full-time employees, there is no obligation to pay for downtime, benefits, or other overhead costs. This flexibility allows businesses to scale their workforce up or down as needed, ensuring they only pay for the work that is actually required.
Additionally, the expertise of a seasoned contractor can lead to faster project completion, reducing the total number of billable hours and further contributing to cost savings. This approach to project management processes not only saves money but also optimizes resources, making the most of the available talent pool.
3. Flexibility as projects change
As a small or growing business committing to pay permanent employees can be daunting when you’re unsure of the future. External project managers are there to adapt to the changes in your business. If the scope of the project narrows, then you can simply negotiate a shorter contract or hire them on an hourly basis.
Outsourcing your project management is sounding pretty good right? Well to make it even better, Projectworks takes away the one blip in this productivity plan.
One of the few downsides of bringing in an outsourced project manager can be the time taken to get them across your Standard Operating Procedure. You don’t want to forfeit precious time, having them look through various manuals and giving them access to all the networks or software they need to be across.
This is where having an all in one business management tool like Projectworks allows your business to seamlessly onboard any outsourced talent and get across managing your projects quickly.
Projectworks gives you the flexibility to create a range of access roles so any contractor you bring on-board will have personalized access to the areas of your business that you want them to see. This allows them to navigate our user-friendly interface and get the down-low on everything from utilization rates to time codes and people information.
