The Best Software for Resource Allocation

By Jenna Puckett

One of the best ways to ensure construction projects are delivered on time, on budget, and within scope is by using a project management (PM) tool. However, not all systems are created equal. If you’ve ever tried to compare project management software, you’ve probably discovered that it’s just about as daunting as managing multimillion dollar projects: Where do you start? How do you know what’s most important? If balancing a portfolio of projects and optimizing each one is your goal, then PM software with strong resource allocation capabilities is a great place to start. Using software that gives you a picture of projects as a whole, rather than standalone tasks, will help you avoid resources shortages during construction projects.

Why You Need Resource Allocation

Resources extend beyond just financial allocations, and include any factor used to produce goods or services, such as: people, facilities, machinery, tools and equipment, materials, and even technology. A comprehensive PM system focused on resource efficiency enables you to quickly identify issues or conflicts that might occur. By providing up-to-date information about resource availability, you can see if one project has over allocated resources that can be redistributed to another project— as it happens. Access to real time status and performance information across projects can help you optimize resources and productivity by comparing metrics such as work-in-progress to average time to completion. Additionally, most PM systems include a visual interface, so you can easily see what resources are committed where with just one glance. The interface may include such visual tools as Gantt charts, Kanban boards, waterfall task management, or similar planning aids.

Top Choices for Resource Allocation

Keeping these benefits in mind, let’s take a look at some PM tools with the best resource allocation.

Viewpoint: Created specifically for the construction industry. With strong reporting tools, it’s no surprise they were included on Construction Executive’s 2014 Hot Products list.

Clarizen: A scalable solution for any sized business. Though not industry specific, the project portfolio management features and ability to assign work to individuals based on their skillsets and availability make Clarizen a strong candidate for the construction industry.

10,000ft: An extremely intuitive system that provides “big picture PM” with advanced reporting and analytics capabilities in just a few clicks.

Corecon: Provides detailed codes and reporting specific to construction resources and was named as Technology’s Hottest Product by Constructech Magazine for both Residential and Commercial categories.

Dexter + Chaney: A recipient of the Construction Executive 2013 Hot Product Award and vendor that offers a large selection of pre-built reports and integration with Microsoft Excel. Additional notable tools: EADOC, Buildtools, and Comidor. Managing multiple projects at the same time is not an easy task. But when your ventures are multimillion dollar construction projects, the task is even more complex. If you’re looking to successfully balance your company resources, project management tools with resource allocation are a must.

Jenna Puckett is a junior technology analyst at TechnologyAdvice. She covers topics related to gamification, employee performance, and other emerging tech trends. Connect with her on LinkedIn.

Have an idea for a guest blog for Construction Today? Contact alan.dorich@phoenixmediacorp.com or jim.harris@phoenixmediacorp.com.

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