Microsoft Excel is well known for it’s plethora of uses, popular not only for it’s functions but for it’s versatility as well. Did you know that you could use Excel for project management too? Yes, you can- here’s how you can use Excel for project management:
1. Templates
There are specially designed Excel templates designed to help you achieve your objectives when it comes to project management- be it keeping track with gantt chart planning, through notes, time sheets and more. There are a wide assortment of templates you can use to help you schedule your project so if you’re looking for different areas to keep an eye on, you can consider installing some of these themes.
2. Trackers
Excel allows users to track certain aspects for their projects like potential risks, potential issues, to do lists, status of your project, billing, budget and more. You can basically use Excel to keep track of most aspects in your project and stay on top of things since it is entirely customisable and easy to organise without being too time consuming.
3. Planning
Microsoft Excel makes project management a piece of cake by allowing many different types of charts to be used- with the help of tweaking here and there, you can create waterfall charts, bar charts and more. You can create image representations of statistical reports with relative ease and present them clearly for your next presentation and meeting. Apart from charts, you can also create graphs and more for financial budgeting.
4. Presentation
Excel also helps the user out in terms of generating automated up to date reports in a timely fashion so that information displayed will be represented clearly with data. You won’t have to worry about handing in reports late or having your reports be filled with mistakes as Excel cuts down on the possibility by revealing if there are errors in cells or formulas, so you can have a chance to sift through and correct them straight away.
5. Collaboration
With the recent invention of Microsoft Excel 2016, it is possible to collaborate with your team and investors without having to be physically gathered in one spot. You can see changes being made in real time, interact with your collaborators through notes, converse with them and edit together while maintaining that the copy of your workbook file is up to date.
As the years grow, Microsoft Excel will only continue to innovate and better cater to their user’s needs. Take advantage of the functions, features and opportunities provided and start using Excel for better project management today.
