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I'll avoid using the standard cliches such as planning, communication etc and actually try and provide some practical advice.
The best way to ensure your time is managed effectively is to ensure you have the correct tools to do the job in the first place. This means; have the correct support framework in place with regards to employees who can assist in identifying potential risks, dealing with those risks from the get go will save you a lot more time later on and you get to avoid any headaches that accompany it.
Ensure you are able to monitor budgets by implementing systems such as timetracking as well as an invoice tracking tool.
Requirements - Ensure these are nailed down before starting the project, don't jump in head first without clearly identifying what the exact requirements are of the project. If there are any grey areas, get them clarified.
Pre-requisites - Identify these. What things do you need in place for work to take place?
That's just a brief, but sticking to these rules should get you moving in the right direction.
· BE PROACTIVE
· BEGIN WITH THE END IN MIND
· PUT FIRST THINGS FIRST
· THINK WIN/WIN
· SEEK FIRST OT BE UNDERSTANDING, THEN TO BE UNDERSTOOD
· SYNERGIZE
· SHARPEN THE SAW