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NEWS |
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2007 |
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Timesheet
Management from Ranal's CAMeLEAN® /PM Helps Measure Efficiency
of Projects in Organizations with User-Friendly Interface
Business World Bangalore, Karnataka, India, 2/23/2007
10:00:00 AM
Doing more for less does not necessarily mean having great
technology. More depends on managing time effectively so that
not only productivity goes up but organizations are able to
plan each task and at the same time get a clear idea of the
concise amount of work completed at any given point of time.
The timesheet management module in the recently launched CAMeLEAN®/PM , a program management solution from
Bangalore-based Ranal Software Solutions, a Ranal Group
company, is an integral component of a program management
tool.
Timesheets are used by organizations not only to track time
utilized by each employee, manage online timesheet approvals
and billing but also track and monitor non-project related
work to collect data for analysis.
When each employee keys in the data to record the amount of
work that he/she has done on a daily basis, it primarily
serves a dual purpose. One, the project manager is able to
obtain online information about the project - both in terms of
the each team member's performance as well as the status of
the entire project as against the original plan.
"With our data capture ability, we can extrapolate and find
out when the project is likely to be completed. Through this
data the organization can also utilize its resources better.
In case the project is behind time, workers can be added to
get it on track or if it is ahead of time some team members
could be removed and placed in another project," says Mr Vijay
Babu Vice- president Ranal Software Solutions.
On the other hand, the timesheet module can also be used to
calculate the cost of any future project through its in-depth
data capture and analytic functionalities.
Today, timesheet management is becoming a crucial issue in
organizations. Compared to 1999-2000 timeframe when companies
had a price cushion to absorb project overruns, today's
environment is entirely different. The current wages and
slashed pricing scenario along with a highly competitive
environment had ensured that no such cushion for overruns
exists. "Today, projects have to be completed as per the
estimate. The margins are slashed by 50% and every company is
extremely sensitive to time overruns. If it gets a project for
1000 hours it has to ensure that it completes it in 1000 hours
to maintain its wafer-thin margins," he explained.
There is another dimension being added to timesheet
management. Customers are coming into the picture and
demanding to see the time taken for, say, either a high or a
lower level design work so that different pricing could be
attributed to different levels of complexity and skillsets
deployed. Moreover, the time-to-market is the sword hanging
over every organization - be it services or products.
Effective timesheet management is also able to drastically cut
down the time from say, 48 hours (to collect information and
present it) to just about 30 seconds. Not only is it able to
analyze and throw up hitherto unknown profiles but it is also
able to enforce a certain amount of discipline in all
organization's processes.
Today, when most organizations are becoming acutely dependent
on timesheet management, it is no longer a stand-alone module.
Most companies are increasingly integrating the attendance
monitoring functionality into timesheet module making it an
integral part of the entire project management suite.
Ranal's timesheet module has the unique capability to :
-- Capture and record information under several headings, for
example, a high level or a low level design, review, etc.
Although all these activities fall under one task from a
project standpoint, capturing information under different
headings helps in a more in-depth analysis.
-- Fine tune processes by using the captured data. The metrics
enable companies to target better results the next time they
take up projects in similar domains.
-- Collect data pertaining to time taken for re-working
projects, checking defects, etc.
-- Collect non-project related data such as leave/attendance,
time spent in meetings, ISO related work/audits, training
(from a trainer or a trainee perspective).
-- Even collect data from unique company experiences such as
loss of time through power outages, network/sever downtime,
download time and analyze it so that the problems can be
ironed out.
-- Write scripts so that reminders are sent automatically to
workers for entering data into timesheets.
-- Provide real time visibility to customers online so that if
the need arises they can check the status of their projects
immediately.
About Ranal Software Solutions:
Ranal Software Solutions is the R&D and product development
division of Ranal group and offers the CAMeLEAN® suite of
products for collaborative Process Lifecycle Management (cPLM)
and Program/Project Management (PM). CAMeLEAN® /cPLM allows
organizations to plan and manage their manufacturing processes
in a flexible and predictable way and helps in eliminating the
disconnect between design and production. CAMeLEAN® /PM allows
organizations to plan, execute, track and manage their
programs and projects according to business objectives, all
from a single point. More at www.ranal.com/softwaresolutions.
About Ranal Group:
Headquartered in Auburn Hills, Michigan, USA, the Ranal Group
caters to worldwide client needs through focused competency
centers based out of the United States, Canada, Europe and
India. The group is backed by decades of experience in
technology areas such as CAD/CAM/CAE/PLM, robotics and
off-line programming, manufacturing process planning and
management, program/project management, digital manufacturing
and cPLM. Ranal has over 600 clients from automotive,
aerospace, heavy engineering and other industries and include
ABB, General Motors (GM), Kuka Robotics, Motoman, Renault and
many other leading global organizations. More at
www.ranal.com
Media Contact Details:
Ranii Menon
Communique India
+91 9845027101,
info@communiqueindia.in |
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Article Courtesy :
Business World |
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News Archive |
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©2008, Ranal Software Solutions. All rights reserved. |
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