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Task Management vs Project Management

No matter what profession you’re in, work is about getting things done. Both project management and task management are ways to achieve this. These two concepts, project management, and task management go a long way. They are often used interchangeably. But what do they mean by that?

We’re here to help you out. We’ve broken down what project management is, what task management is, and how similar they are. We also elaborated on project management vs task management to better highlight the differences between the two.

So, let’s get right to it. Here is everything you need to know about Project Management vs Task Management.

What is Project Management?

Before we get into the differences between project management and task management, it is important to understand both of these separately and what they involve.

According to the Project Management Institute, project management can be defined as “the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.”

In simple terms, project management is the overall management of all tasks and goals related to the project.

What is a project?

People have often used the word “project” as a loose definition to cover different things. However, the majority of definitions accept that any project requires the presence of three defining characteristics.

These characteristics include deliverables, a start date, and an end date.

Deliverables are those outcomes that a project should accomplish. The aim of the project itself should be to create these deliverables.

Another defining characteristic of the projects is that they are temporary. In this sense, each project should have a set start date on which all work to reach the deliverable will begin, as well as a set end date on which the deliverables will be completed.

Project management is the process of making sure deliverables of the project are produced by the project end date. It can take on several different methodologies to complete the project.

Project management also uses project managers to head projects due to the complex nature of the entire life cycle of the project. Project managers ensure that the project runs smoothly and delegate tasks to the project team to ensure that the project deliverables are met.

When we refer to the delegation of tasks, this is done by breaking down the project deliverables into individual tasks. These tasks, which are broken down from the deliverables, are then assigned to the team members to be completed.

Tasks that are created from the end deliverables can either be run simultaneously during the project.

Other types of tasks created in this way have what is referred to as dependencies. This means that certain tasks may depend on the completion of other tasks before they can be carried out.

Read Project Management Challenges And Ways To Overcome Them

What is Task Management?

When explaining the project management above, we discussed how tasks may be subdivisions or subsections of projects.  However, these are not the only types of tasks that are possible.

You may notice that you have entirely separate tasks that you need to complete daily.

It is the process of managing these tasks, that is, scheduling, delegating, and completing those tasks which are referred to as task management.

Such tasks outside the scope of a project could be either recurring or ongoing, one-off or daily business tasks.

Tasks may be of several different natures and be small or large in the amount of time they take. It is the range of possible activities that can fall under the term “task” that makes the concept so broad and detailed.

Tasks are usually not delegated to employees by project managers, but rather are assigned by team leads, other colleagues, or may even be assigned individually.

Also, read Top 5 Task management tools of 2021

Project Management vs Task Management Similarities and Relation

Now that we have defined both task management and project management independently, it is time to see how similar they are to each other.

After all, there must be a justification behind the two words used by many individuals and organizations, project management and task management, interchangeably.

As we mentioned, projects need to be divided into a set of small, manageable tasks for the project to be completed and delivered on time.

Therefore, both project management and task management go hand in hand.

Project managers need to have project management skills, but they also need to have control over the ability to execute tasks effectively to be competitive and successful in their projects.

In cases where you have tasks that are independent of a project, you could be dealing with multiple similar tasks that might be seen as a project if you put them together.

Therefore, it common for people to use the terms project management and task management interchangeably.

However, this could be confusing, and it could turn out to be misleading. To add to the effect, if you consider the differences between project management and task management and any of the related variables, you can understand the concept clearly.

Project Management vs Task Management Differences

The main difference between project management and task management is the connection between the individual tasks.

As mentioned above, the tasks that are created as a result of making projects more manageable are all connected to work towards the wider project goal. Often, this connection goes even further if you consider the dependencies we described above. Dependency tasks are sequential in nature and mutually dependent.

To elaborate on task dependencies further, let us consider you have a project to organize a birthday party.

For this project, you will have to set a date, decide on a guest list, finalize a location, send out invitations, and so on.

You will only send the invitations once you have decided on the guest list and finalized a location. Therefore, the task of sending out invites is dependent on these two tasks being complete first.

In project management, you will have many such tasks that have task dependencies and with limited resources, tight deadlines, and budgets you have to make sure the sequence of tasks is completed appropriately.

This is not the case for task management where tasks are mostly independent of each other and their management calls for different skills altogether.

Project vs Task Management Software

With task management software you are getting a platform that helps you keep your to-do lists and other notes and daily tasks organized and in one place.

Such software aims to help you move one task along before you begin on another one. Usually, these tasks are independent and not related to one another.

With the help of such software, you can add tasks, categorize or organize them as you please, as well as set any due dates related to them. And these are just the basic features most task management software offers.

There is a load of task management software to choose from to help you stay on top of your tasks and be organized. So many so that the choice can often get quite confusing.

Most task management apps are simple and easy to use and are task-driven to help you get the job done.

On the other hand, project management software is aimed at helping you coordinate projects.

Project management software provides a collection of tools and features that aid in your project planning, collaboration efforts, organization, and delivery of projects. They offer a single platform for all these tools so that you are not jumping between different applications.

While most, if not all, project management tools can be used as task management software as well. The opposite may not be true.

Task management software maybe project management software but most task management software is simpler in design and the features that they offer.

Project management software offers all the tools and abilities task management software provides in addition to multiple other features. These features could range depending on the tool that you choose.

Common project management tools include planning features, task dependencies, milestone tracking, file management, resource management, time tracking, and more.

They also offer features such as Gantt charts and other visual aids that give you the option to track the progress of your entire project.

Furthermore, you can even run multiple projects at the same time and use project management software for them all, which is the case for many project managers.

Restyaboard as Your Project and Task Management Software

Restyaboard is one of those project management software that we mentioned above that offer both project management and task management all in one.

With Restyaboard you have all the task management features you could need. This includes the following:

  • The ability to create tasks
  • The option to assign tasks to as many team members as you want
  • Task descriptions to ensure each team member knows what is expected of them
  • Task start and end dates so that tasks are completed on time
  • To-do list items to keep everyone on track
  • Task priorities so that each team member works on the tasks that are top of the list
  • Status updates so that you know how each task is progressing
  • Ability to create recurring tasks

Apart from these task management features, Restyaboard also offers a platform for all your project management needs, taking off from robust planning to execution, and going all the way to successful delivery.

Here are some of the project management features you can use with Restyaboard:

  • Timesheets features for productivity checks and easy invoicing
  • Meeting management features to create meetings and note down meeting minutes
  • Issue management so that you and your team can identify any problems that arise during your project and rectify them efficiently
  • Risk management to highlight any potential risks that could arise in your project with a risk matrix for visual representation
  • Ability to view your project’s progress on Gantt charts with task dependencies and milestones
  • Kanban boards for a simple organization of your tasks with work in progress limits
  • And much more.

Having said that, mastering both the elements of task and project management is more a practice than a task. Clock your hours, remain consistent, and adapt to adversity. That is one of the most successful ways to ensure productivity on all fronts.

Tools to run a business remotely

In this blog, we discuss five of the best tools that help to run a remote business in 2021.

When it comes to running a business remotely, using all the tools at your disposal will make a difference between failure and success, but choosing the right remote business tools for your business is not an easy job.

Last year, many businesses had no choice but to make the transition to remote work, and although it was a challenging transition at first, many businesses had come to rely on all sorts of business tools to help them run their business remotely, from team management tools to hiring registered agents. Here are five of the most popular business tools that help businesses run remotely in 2021.

Zoom 

Zoom is one of the most popular video conferencing software as businesses have made the transition to remote operation and employees have started working from home. With office meetings out of the question, Zoom is now about how most remote businesses can keep in touch, communicate and schedule daily meetings. Zoom allows remote businesses to conduct online meetings for up to 25 people, host video webinars, and share files and exchange messages through different platforms. Zoom also helps organizations to host virtual training sessions for new team members.

Google Drive

If your remote business consists of a very compact team that doesn’t manage a lot of paperwork and documents, Google Drive allows your business to store and share important documents almost instantly. Google Drive is more than just a document management tool, it lets you organize and store documents and collaborate with staff and team members in real-time, regardless of time zones and geographical locations. Users can create, share and access documents, presentations, and spreadsheets. Their free plan allows 15GB of free storage and is available in the application form for both iOS and Android devices. 

Read Work Management Software – Why Your Team Needs Now?

Restyaboard

Working from home and managing a team or a specific project remotely can be challenging when you cannot keep tabs on what everyone is doing in the office. Restyaboard is the best visual project management tool that allows business owners as well as staff members to assign tasks to individuals or groups of employees, customize their workflow, and keep track of how ongoing projects are progressing. Restyaboard has one of the most comprehensive sets of features other project management tools. It is based on a board system and allows staff members to create project templates, budget dashboards, schedule and prioritize tasks, and so much more to boost productivity and efficiency.  

Using a Registered Agent 

While working remotely has its benefits, it’s hard to do it on your own, and that’s where third-party assistance comes in. Hiring a Registered Agent is the best way of outsourced support that a remote business may have. Every business needs an appointed Registered Agent, and while you can serve as a Registered Agent of your remote business, there are certain requirements. If you’re not always available during business hours, or your remote business doesn’t have a physical address, hiring a registered agent service is your best option. The Registered Agent Service will serve as your point of contact with the department, collect essential documents on your behalf and help you remain in compliance.

Also, read 15 Productivity Tools for Your Remote Team

Team Viewer

When running a remote business, finding ways to support your distributed team is important, and when simple screenshots are no longer enough, Team View is one of the best business tools to help give employers remote access to their team’s work and provide support when needed. Team Viewer allows staff members to access one another’s computers if the application is installed on all devices and everyone is provided with the necessary login information. It is a truly reliable tool when business owners need to have secure access to work devices and documents.

Find the right combination that works for you

These are some of the best business tools that remote businesses can use to operate efficiently. The above tools cover all aspects of remote business management, including team and document management tools, as well as various remote support tools. Most remote businesses use a combination of the above-mentioned tools or others like it. It’s all about finding the right tools that work for you, your team, and, of course, your budget.

Team work management

In this article, we going to see the benefits of why you need to use good work management software for your team.

Are you aiming to increase the productivity of your team? Are you planning to make your business operations more efficient? You may want to make some improvements to how your business operates, but you don’t know where to start? So, if your answer is yes, read on to find out how you can do it.

If the goal is to minimize risk, manage the projects better, improve communication and collaboration, or reduce the total cost per project, the use of work management software can be very beneficial. No matter how complex the projects are and what level of communication you need, a team and work management software solution will help your team members stay connected.

Here are some other benefits of why you need to use good work management software for your team.

1. Complex Project Management

Work management software can help you seamlessly manage even complex project planning. You can also track projects and use them to make task lists and sub-task lists to ensure that your projects are done accurately in one go. That’s not all of it! Work management software makes it easier for project managers to assess the overall status and progress at each milestone and also to measure the productivity of each resource and team. You can also track nuances like team communication, timelines, and budget.

2. Simpler Allocation and Scheduling

Team and work management software make your life simpler to a large extent. Particularly when you have to assign or schedule resources for multiple projects. If you need to allocate one resource to a big project or identify three highly skilled programmers for a software development task. Whatever the project or resource needs, work management software will have you covered. 

Take Restyaboard, one of the leading management software available today. It comes with drag-and-drop functionality, is highly configurable, and helps you plan and make changes in your projects easily.

Read 8 Steps To Improve Project Collaboration Between Teams

3. Responsive Task Management

Without comprehensive work management software, you could face low work-efficiency, and therefore your team could lose valuable time. Also, it would be difficult to track how much work has been done so far. It would be difficult to evaluate the performance of your team or bill customers for the tasks that have been completed. 

Most work management software solutions also have an integrated task list that allows you to add all of your upcoming tasks and also get reminders of upcoming deadlines. Project managers can also assign and delegate tasks to their team members and notify each of the same. Some software management solutions also allow you to create shared tasks. 

For example, if a resource gets a new task in their to-do list, they may also assign a portion of it to other colleagues. Finally, this tool provides time trackers to monitor the amount of time spent on daily activities.

4. Agile Development 

The benefit to having work management software is not only to organize your teamwork but also to build an agile team. Without a comprehensive application of team management, the team will find it difficult to improve their performance and produce valuable results. Also, you won’t have a way to measure the completed work or assess the overall performance of the team accurately. But by using the right agile work management software, organizations can easily add all their upcoming tasks and prioritize them, based on their business needs. You can also assign tasks to various team members, share tasks between colleagues, and evaluate the time spent on tasks to calculate the productivity of your team.

Also, read Agile Project Management And How Can Your Team Benefit?

5. Better Team Collaboration

In addition to several resource scheduling and project management benefits, work management software significantly improves team collaboration. Project managers usually assign individual tasks from a bigger project to their team.  Whereas management software provides a way to collaborate on various projects by deliberating on tasks, their deadlines, completed vs. outstanding work, any dependencies, etc. Therefore, your team would collaborate in a much better manner, leading to more efficiency, profitability, and success.

6. Shared Calendar and Event Scheduling

The leading work management software solutions always have a shared calendar. You can use this team calendar for scheduling team meetings and other such activities for clients and business partners. Also, you’ll know when any of your team members are away from the workplace, making it easier to schedule meetings that suit everyone. What’s more? If you want to book meeting rooms for an upcoming meeting in advance, you can find management software that has a calendar and let you book a variety of resources, including meeting rooms in your office.

7. Automated Meeting Scheduling

Another key feature of the calendar is the automated meeting scheduling. Instead of lengthy email correspondence with your business clients, you can easily fix a suitable meeting time in just a few clicks. Whenever you need to suggest multiple meeting times to your client, simply pick multiple time slots in your calendar. Your meeting invites the proposed times to be sent automatically to the customer who, in turn, will choose the appropriate time from the times you have suggested. After confirmation, both parties will receive a confirmation email and the meeting and event will be added to both calendars.

8. Enhanced Communications

Work management software also provides project managers with a better view of the current status and activities that are taking place around them. Nowadays, the best management software comes with collaborative features along with shareability options. This helps the teams to manage clear communication and effective collaboration. The workflow is also becoming much smoother.

Restyaboard – The Best one for a Work Management Software

Restyaboard is the best team and work management software for entrepreneurs, business leaders, and project managers alike. Restyaboard helps you manage your time wisely and be the brace for success. Using this best management software, you can manage, automate and optimize your resource planning. It also helps you monitor multiple projects; track time and handles leave management – all at once. If you need to generate insightful reports right from the planning stage to the delivery or review process, this tool is your best bet. Get in touch today for a free trial and check out all the benefits of it yourself.

Project manager at office

In this article, we going to see the 5 important Project Management Skills for every Project Manager must-have.

With the sudden change to remote work forced as a result of the outbreak of COVID19, the need for effective project management has increased significantly. This has increased the responsibilities a project manager usually handles.

Handling a remote team and coordinating multiple projects becomes challenging when the project manager has to work on specific deadlines. To achieve all this and ensure quality results, the project manager must have certain project management skills.

Here are five important project management skills a project manager must have:

1. Time Management Skills:

Time management skills are a must for any project manager to effectively handle multiple projects without delaying them. Effective project managers use project management tools to manage tasks well and deliver projects on time.

The best project management software comes with in-built time tracking tools to help managers understand exactly how much time a certain task takes. This helps to create a clear timeline for team members to achieve the project goals within a given timeframe.

Read Project Management Challenges And Ways To Overcome Them

2. Organizational Skills:

A project manager needs to be able to perform multitasking effectively without confusion within the team. This needs strong organizational skills to prioritize tasks. Keeping all aspects of a project organized means designating tasks and documenting processes for future reference.

Organizing the workflow for best results is crucial to ensuring the processes run smoothly. Without organizational skills, the team will not be able to prepare and deliver work successfully. They may also find it difficult to face any unexpected challenges.

3. Leadership Skills:

Project managers assign tasks to a team that is working towards a common goal. To lead and motivate a team, a project manager must show strong leadership skills. They are vital to ensuring that everyone is motivated and performs to the best of their abilities.

Leadership skills come with the responsibility of setting goals for every team member and ensuring that they are accomplished faithfully. This makes it essential for a manager to walk the talk and not just dictate. While leadership skills come with experience, project managers must keep giving their sincere effort towards learning it.

4. Interpersonal Skills:

Often known as social skills, interpersonal skills allow managers to communicate with their team members and develop strong working relationships. These skills test the manager’s ability to deal with a social environment through verbal and non-verbal elements.

Interpersonal skills are essential for a project manager to build a healthy working atmosphere. They require personal interaction as each team member is different from the other. These skills also help to promote collaboration among team members leading to a united workforce.

Also, read 8 Steps To Improve Project Collaboration Between Teams

5. Risk Management Skills:

Having risk management skills means being able to foresee, analyze, and mitigate the effects of a risk that could adversely affect an organization’s financial situation or reputation. A manager must possess risk management skills to combat all possible risks that their team could face during a project.

Having risk management skills means being able to predict, analyze, and reduce the probability of a risk that may adversely impact the financial condition or reputation of an organization. A manager must have risk management to combat all possible risks that the team will face during the project.

Conclusion:

Conflicts in a team are inevitable. Apart from all the skills mentioned above, the project manager must also have conflict management skills to ensure that remote team members work together and deliver quality work. It ensures that the project is performed from beginning to end with more efficiency.

Image of digital Kanban board

Proper organization and prompt management will save any kind of project. Without it, the company takes risks to face the deadline. Project managers use many methodologies to streamline and visualize the workflow of the team. They create a layout of all working processes to prioritize tasks, identify weak points, and resolve them. This method is also useful for specialists with long lists of assignments. That’s why you can see a notebook or a board with writings or sticky notes: this is a variation of the Kanban board.

If you want to optimize your workflow and make your tasks more mobile, try digital Kanban boards. We’ve listed the top five reasons to use it. As soon as you finish reading, you’ll want to use this tool right away. Let’s try it out.

It’s accessible for all teams at any time and any place

The physical board is only accessible in the office: to see what’s new in the workflow or who is responsible for a particular task, the employer can go to the room where the board stands. It is difficult or impossible to do so when the team involves members from different departments and cities or when experts work remotely.

The digital Kanban board can be accessed at any time. All team members will make changes and be aware of the current status of the project. You don’t need to hold meetings or make calls to learn about the status of the tasks. You just log in to the system.

It keeps all information

Sometimes we need to find information from previous projects or get back to the tasks that have been completed. It’s really easy to do with a digital Kanban tool. It works as a storage and keeps all the data so that you can refresh your memory at any time if you need it: what processes have been used in the project, who have been involved in the development, and more. It’s not real to get this information from sticky notes.

Read Top 10 Kanban Tools in 2020

It has a high-security level

Using this method, you can set the required level of access for all team members based on their role in the project. You can’t do this with your physical board because everybody sees all the tasks. You can also be sure that all of the data is secure here. You’re not going to miss any task, and won’t forget about any process.

It automatizes your processes

You can use the Kanban Board for team collaboration, sharing the documents between employees, for task and time management. You can also synchronize that with any other software, calendar, or email you need. By doing so, you are optimizing the working processes and making them clear. No special settings or software installations are required – this tool works in your browser.

Kanban board – It’s easy to control and analyze

With the help of the Kanban Board, you can easily track the working processes and get the required reporting metrics: work time, human resources, etc. This digital solution helps you to create a chart or diagram from these data to analyze and improve the performance of your team. So, it saves the time that you would have spent making reports in an additional program.

Digital Kanban boards are more than just software for notes. It’s a powerful tool that can take your company’s workflow to a new level. Just try it, and you won’t go back to the physical layouts in your work.

Project team collaboration

From the moment you start your project, collaborating with a team becomes a must, because, without it, no project can be completed. In this blog, we will see the 8 steps to improve project collaboration between teams.

Great things in business are never done alone, they’re done by a team,” Steve Jobs. The lesson about teamwork is essential to remember that in a professional world, where a lack of collaboration sometimes leads to disaster.

Project collaboration takes place when a group of people with different project management skills and expertise work together to tackle a single project. The decision-making process involves everyone in the collaborative group and has access to all the information. Whether there are well-defined roles or not is based on the project management methodology you use.

However, one thing is certain; everybody involved has a clear picture ahead of them and works together from categorization to the final stages of the project.

Why Project Collaboration Is Important?

From the moment you start your project, collaborating with a team becomes a must, because, without it, no project can be completed. Learning how to cultivate a culture of collaboration should be one of your top goals if you want to be a successful project manager.

Project teams typically consist of people from different backgrounds and methods. Also, most experienced managers often struggle to deal effectively with them. Many projects fail – about 33% of them – due to a lack of interest on the part of the involved parties. It not only affects morale, it also affects how the market perceives your organization.

How To Ensure Effective Collaboration Between Project Teams

With multiple deadlines creeping and pressure from management or customers, you may lose sight of your ambition to maintain a collaborative atmosphere.

We’ve identified 8 necessary steps that you can take to ensure that this doesn’t happen.

1. Improve Communication Within The Team

The first and foremost challenge for you is to strengthen the way you and your team communicate. Proper communication in project management functions as a bridge that keeps a project team together and can make or break the project.

According to the Workplace Productivity and Communications Technology Survey, about 67% of professionals spend an average of 6 out of 9 hours communicating at work. These statistics show how important communication is to any company and the difference you can make by maximizing it.

2. Be As Transparent As Possible

Project transparency is another path that decides whether you want to become a successful leader or someone who only has the title of leader. There is no good reason, apart from sensitive and personal data, for you to hide any data from your team. If the team has a clear idea of what they are trying to do and the current position, they will work harder and feel motivated to get the job done.

Read 3 Must-Have Project Management Tools for Startups

3. Get Everyone Involved

Everyone must be involved in the decision-making process if you want to achieve a higher level of collaboration in your projects. When everyone is involved, original ideas develop, and members learn from each other collectively. This phenomenon not only increases your overall performance but also leads to the growth of your team.

4. Encourage Members Who Take The Initiative

It’s hard to be the first person to do something or to come up with a different way that goes against existing practices. You need to promote a culture of creativity where members who take the initiative to do something more efficiently are encouraged.

For managers, people like that are an asset because they’re going to be the first to accept innovative changes and new policies that you introduce wholeheartedly.

5. Get Rid Of The Walls

It might sound cliché, but eliminating physical obstacles between your team will bring them together and make it easier for them to communicate. Also, some managers seem to have an open-door policy to make themselves more available. Such non-verbal messages are important because teams operate more effectively if they feel assured that they can ask for assistance in the case that they cannot complete a task on their own.

Also, read 8 Communication and Collaboration Platforms for Your Startups 

6. Optimize Office Meetings

If your daily meetings have become monotonous and something you’re scared of, it’s time to change things. Unnecessarily long sessions demotivate everyone and waste valuable time. Your meetings must have a pre-defined agenda that must be followed by everyone. Submit detailed progress reports and status updates before the meetings.

Doing this ensures that each participant already knows the current status of the project and that you don’t waste time on tiring updates.

7. Keep Your Team Happy And Motivated

A happy and motivated team performs much better in every situation. Taking the time to get the staff engaged in fun events and celebrating key milestones is a perfect way to motivate the team.

Some managers often take the extra mile to try to introduce some humor in various scenarios to maintain a stress-free working atmosphere.

8. Use Project Collaboration Tools

Modern projects are complex and cannot be effectively managed with simple spreadsheets. To keep on top of things, you need the right tools to help you share updates, files, and other information. Tools that can help in collaboration and management are also essential for success.

Multiple organizations have reported significant increases in productivity and success rates and are crediting their project collaboration tools for this. Various tools that focus on a single management feature are available on the market. The best scenario for you will be to find a single tool that can perform all of the above tasks.

Improve Project Team Collaboration With Restyaboard

If you’re looking to improve project collaboration among your team members, Restyaboard can be helpful. It serves as the central hub for all your communications. Team members can see what the others are working on, enabling transparency. You can share files and contextual comments on tasks and projects. Start using Restyaboard for free today.

Uber Freight business

Uber has offloaded its air taxi business Elevate to Joby Aviation, the last of several moonshots to be sold by the ride-hailing company in a pursuit to stick to its core business and reach profitability.

The transaction announced Tuesday is part of a complex deal that includes Uber investing $75 million into Joby and an expanded partnership between the two companies. Last year, Uber and Joby, which is developing an all-electric, vertical take-off and landing passenger aircraft, signed on as a vehicle partner for Uber’s Elevate initiative. Joby was the first partner to commit to deploying air taxi services by 2023.

The $75 million investment comes in addition to a previously undisclosed $50 million investment made as part of Joby’s Series C financing round in January 2020, Uber said. To date, Joby Aviation has raised $820 million. Uber has invested a total of $125 million into the startup.

Under the deal, which is expected to close in early 2021, the two parent companies have agreed to integrate their respective services into each other’s apps.

“Advanced air mobility has the potential to be exponentially positive for the environment and future generations,” Uber CEO Dara Khosrowshahi said in a statement. “This deal allows us to deepen our partnership with Joby, the clear leader in this field, to accelerate the path to market for these technologies.”

While Joby is considered one of the leaders, Elevate did play a role in shaping the nascent industry, including establishing some of the benchmarks used by competitors.

“The team at Uber Elevate has not only played an important role in our industry, but they have also developed a remarkable set of software tools that build on more than a decade of experience enabling on-demand mobility,” Joby Aviation CEO JoeBen Bevirt said in a statement.” These tools and new team members will be invaluable to us as we accelerate our plans for commercial launch.”

One year ago, Uber’s business model could be categorized as an “all of the above approach,” a strategy to generate revenue from all forms of transportation, including ride-hailing, micro-mobility, logistics, and package and food delivery. The COVID-19 pandemic and Khosrowshahi’s focus on profitability prompted the company to dump its moonshots and double down on delivery with its acquisition of Postmates.

Today, Uber is a company focused on ride-hailing and delivery while keeping its hand in micro-mobility, logistics, and autonomous vehicles through a series of deals struck in 2020.

Read Primer, The UK Fintech Raises £14M Series A Funding

The Joby-Elevate terms are similar to two other Uber deals this year. In the spring, Uber led a $170 million funding round in micro-mobility startup Lime. As part of the deal, Lime acquired Uber’s micro-mobility subsidiary Jump. The majority of Jump’s 400 employees were laid off. Earlier this week, autonomous vehicle startup Aurora Innovation reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion.

Just like Uber’s deals with Lime and now Joby, Aurora isn’t paying cash for Uber ATG, a company that was last valued at $7.25 billion. Instead, Uber is handing over its equity in ATG and investing $400 million into Aurora, which will give it a 26% stake in the combined company, according to a filing with the U.S. Securities and Exchange Commission.

Uber said in October that it sold off a $500 million stake in its Uber Freight business to an investor group led by New York-based investment firm Greenbriar Equity Group. The deal valued the unit at $3.3 billion on a post-money basis. Uber has maintained its majority stake in Uber Freight, unlike the Jump, Elevate, and ATG deals.

Common challenges of Project Management

In this blog, we going to see the 10 most common Project Management Challenges faced by every Project Manager and the ways to Overcome them.

A Harvard Business Review study found that almost 70% of IT projects face delays in completion. One of every six projects costs more than 200% of the planned amount.

As a project manager, you must manage and balance various project elements—time, scope, money, and people. In other words, project management is not a cakewalk. You need to ensure good communication while also anticipating potential risks, among other things.

To assist, here’s a list of the 10 most common Project Mangement challenges faced by every project manager and how you can overcome them.  

Most Common Project Management Challenges

Challenge #1: Keeping Teams on One System 

One of the major project management challenges for every project manager is to ensure that all team members remain aligned. Moreover, with the increasing remote working culture, it has become more difficult than ever.

To run smoothly, the project manager needs to know how every individual is working on and what they need to remove the possibility of duplication of work.

How to deal with it?

It’s essential to keep your whole team on the same page. You can do this by bringing all the project communication to a single platform.

There are many project management tools, such as Restyaboard, Trello, and Asana, that allow managers to assign and schedule tasks to every employee. Project managers should have a clear view of the calendar and stay at the top of the schedule.

Challenge #2: Lack of Clear Goals 

A study showed that 30% of projects failed due to a lack of well-defined project goals and objectives.

Clarity is one of the main criteria for the successful completion of the project. Without clearly defined goals, project managers and other team members may not know exactly what to expect from the project.

How to deal with it?

The best approach is to set SMART goals. SMART stands for Specific, Measurable, Achievable, Practical, and Time-bound. The project manager has to come up with a way to measure the success of the project by setting various goals.

Challenge #3: Inadequate Team Skills 

In simple terms, the success of the completion of the project depends very much on individual ability levels. You can create an ideal working atmosphere for your team members. But if they are not qualified enough to perform assigned tasks, the development of the project will be put at risk.

Most frequently, tasks are assigned based on availability and not based on their expertise. This is a huge project management challenge that can be overcome with experience.

How to deal with it?

For the first time, the professional project manager decides the core set of skills required to fulfill the workload. They would then assess the strengths and limitations of the available workforce. This allows them to decide whether they need additional staff or need the training to develop their skills.

Read 3 Must-Have Project Management Tools for Startups

Challenge #4: Team Work Challenges 

To effectively manage teamwork, equal participation from each participant is required. However the team is made up of various personalities, and meeting the needs of each individual can be a challenge for the project manager.

With so many individuals participating in the project, certain differences are bound to occur. It will have a negative impact if it is not properly treated.

How to deal with it? 

As a project manager, you need to find ways to help your members communicate. For example, you can schedule a happy hour meeting every week for the sole purpose of encouraging members to get to know each other.

This would help to minimize any issues or negative consequences between them, encourages a healthy workplace environment. Building trust among team members can go a long way.

Challenge #5: Unrealistic Deadlines

In this world of heated competition, clients and stakeholders are also seen to be setting unrealistic goals on the part of their employees. As a result, most project deadlines fail due to an unrealistic schedule set for completion of the project.

A well-disciplined project manager would know the strengths of the project team. They should discuss the project schedule accordingly so that the quality of the work is not affected.

How to deal with it?

The best approach is to take input from all stakeholders and to collectively decide on a deadline. This project management challenge can be solved with careful planning and alternative analysis. 

Challenge #6: Resource Deprivation

Another reason for a backlog of projects is the shortage of resources in general. It could be about money, resources, or even time. Most project managers consider financial problems to be one of the main hurdles to the completion of the project.

Management must have adequate resources to run the project effectively.

How to deal with it?

A proper planning procedure must be followed by the project manager. Avoid making any unrealistic assumptions to avoid overruns of costs and aim for better results.

Challenge #7: Risk Management

Projects rarely go as they were expected. One of the essential aspects of project management is foresight in detecting potential risks. Risk management is one of the most common challenges faced by managers in handling projects.

These risks could be in the form of hidden defects in the project plan or fluctuating market demands. But these unknown factors will have an impact on the success of the project.

How to deal with it?

It is difficult to predict every potential risk, but with strategic planning, the risk can be minimized. Also, it is the responsibility of the project manager to formulate new strategies if the projects begin to spiral out of control.

Many risk management solutions collect and evaluate both past and current market data to help detect and mitigate risk.

Looking for Project Management Software? Check out the Top 10 Project Management Tools in 2020 

Challenge #8: Project Quality Management

Project managers are also often seen struggling to maintain the quality of the project established. They have a hard time keeping track of the success of every team member and ensuring that they comply with quality standards.

How to deal with it?

Luckily, there are many quality management tools available on the market. The trick, however, is to choose the right technology for your project team. Well-designed quality management software ensures that you are completely aware of all your tasks. It also sends out immediate warnings in case the quality of the work drops from the pre-defined level.

Challenge #9: Lack of Communication

Often lack of communication, or miscommunication, may get in the way of delivering projects on time. If you are giving instructions or finding information, there is always a challenge to maintain open and clear communication.

Good communication is key to a successful project. Deloitte found that 32 percent of professionals described communication as the most important issue in project management.

How to deal with it?

To prevent any problems or delays caused by miscommunication, the project manager must create a clear communication line. They can rely on a collaborative platform to ensure that all information is communicated to all involved, without misunderstanding. 

Challenge #10: Lack of Accountability

Accountability is very essential, but there are just a few teams. When team members feel accountable and try to take responsibility for the tasks assigned to them the project team will perform well as a whole.

How to deal with it?

This challenge of project management can be easily overcome by clearly identifying the roles and responsibilities of each individual. Once the tasks have been identified, it will be easy to trace the accountability of the completed task.

Conclusion

Project management is much more than just the goal of completing the project on time. It is a skill that needs patience and perseverance. Effective project management skills can be acquired with experience and appropriate training to help evaluate and improve one’s skills.

Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A and The round was led by Accel, who I understand was very aggressive in persuading Primer to take the money from the VC firms.

Gabs and Paul, Co-founders @ Primer

Primer, the UK Fintech that wants to help merchants simplify their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The round was led by Accel, who I understand was very aggressive in persuading Primer to take the money from the VC firms.

The young company wasn’t aggressively fund-raising, having quietly raised 3.8 million pounds of funding announced in May. Instead, the team set out to build up the product and woo potential buyers by hosting technical workshops and in-depth Zoom interviews with 100 merchants—an activity that didn’t go unnoticed.

Existing investors are also participating in Series A: Balderton, SpeedInvest, and Seedcamp, who was joined in the round by the new backer RTP Global. Sonali De Rycker, partner at Accel, will join the board of Primer.

Founded by former PayPal employees – via the acquisition of Braintree by PayPal – Primer wants to offer one payment API to hopefully) rule them all with the clear aim of bringing greater transparency to the merchant’s payment stack.

The view is that larger merchants, particularly those operating in more than one geography, need to support a variety of payment methods that carry significant technical overheads, poor user interface, and lack of transparency.

Primer, now described as a “low-code” platform, carries out a lot of this heavy-lifting on behalf of merchants while remaining steadfastly payment method agnostic. By doing so the idea is to minimize friction by introducing new payment methods as they come onto the market and to be able to provide more visibility into things like how well each checkout option is performing.

As well as payment service providers (PSPs), the platform has connectors for fraud providers, charging systems, subscription billing engines, BI tools, loyalty, and reward platforms. Both payments and non-payment services can be “seamlessly connected to checkout experience and payments flow via workflows, enabling merchants to unify their fraud migration activities, create sophisticated transaction routing, and solve complex flows – all without a code” says Primer.

Primer says that additional funding will be used for the growth of international business and the expansion of its team. Billed as a remote-first company, Primer has 23 employees across six countries and says that it has already gained traction across mid-market and large e-commerce enterprise merchants across Europe.

You may read: Fundraising, productivity critical this year for co-working startups

Comments Paul Anthony, Primer’s co-founder and Head of Product and Engineering: “During our time at PayPal, we saw first-hand the technical burden that online merchants face in trying to provide the best payment experience to their customers worldwide. Our low-code approach enables merchant payment teams to control and extend their payment ecosystems and maintain a sophisticated payment logic with a familiar UI workflow.”

In the meantime, the new investment takes Primer’s total funding to £17.8 million and comes just a few weeks after the initial launch of the company’s platform.

Small business technology

To produce better results, the use of technology in your small business will do wonders.

You can get good returns at minimal cost and small-maintenance with smart use.

Controlled technology implementation is the right step forward. Here, we cover five must-have cost-effective technologies for SMBs:

1.Customer Relationship Management (CRM) 

Customer Relationship Management (CRM) software helps SMBs attract new clients, increase sales, and assist in marketing. You can make use of features such as customer service, data analysis, database management, etc., all under one roof.

You get an organized interface that means you know about business procedures, financial projections, customer demographics, and more. Advanced CRM software also comes with an integrated attendance management system that lets you keep track of your staff’s regularity. You can receive sales reports, create team performance charts along with business suggestions that can help you scale your business.

2.Contactless Payment 

Convenient payment options are always a benefit. However, the outbreak of the COVID-19 pandemic has changed the concept of payment convenience. You need to establish social distances at all times. This forced tech vendors to optimize contactless payment options.

Contactless payment is robust, secure, and simple for users to access these applications. Payment wallets, bank-to-bank transfer apps, etc., offer valuable merchant collaborations. Provide trouble-free payment services to your consumer-base and experience the magic of seamless transactions.

Read 10 Tools to start a Small Business

3.Chatbots 

The implementation of chatbots is a perfect example of the proper use of technology in business. An AI-driven chatbot is a software program that is compatible with websites and mobile applications. It supports users during their on-page time and resolves queries instantly.

You can also collect contact details from the visitor and integrate the chatbot with your CRM to conduct an in-depth analysis of the results. It also opens the doors to email marketing campaigns and other strategies that involve direct communication.

Chatbots run 24×7, making it a must-have technology for small business owners. They are effective because they manage most of the queries without human interference.

4.Data Security 

Digital breaches can cause severe trouble for business owners. So, include an up-to-date server and data security tool to safeguard your other business assets. End-to-end encryption programs, robust firewalls, cybersecurity solutions, etc., comprise worthy data security for small businesses.

Digital breaches can cause severe problems for business owners. Include an up-to-date server and data security tool to safeguard the other business assets. End-to-end encryption programs, robust firewalls, cybersecurity solutions, etc., provide valuable data security for small businesses.

5.Team Collaboration and Management

Miscommunication between team members can occur during the execution of the project. But SMBs can use team collaboration tools to fix this problem. You can manage attendance, share a list of daily activities, and evaluate your daily performance.

Work-from-home has been the norm of 2020 because of the constraints imposed to fight the spread of COVID-19. It’s tedious to monitor the whole team over phone calls and messages. Using the office management software to track daily progress, while also providing valuable feedback on work in the same application.

Conclusion

The needs of small business technology are cost-effective and efficient. You don’t have to go crazy with technical solutions by investing huge amounts of money. Instead, spend more time in analysis and customize the best resources of your business without compromising your budget. The outbreak of the coronavirus pandemic has increased the use of contactless payment options and team collaboration tools. Cybersecurity and CRM software remain vital to secure and well-organized business functioning.

What technologies do you use to make your business work more efficiently? Let us know in the comments section.