Vorex.

Project Planning

Vorex realizes that Project Management is not a two dimentional work, rather it is a very dynamic process that involves much more than managing one single project at a time. In real life, projects managers not only have to deal with multiple project- but they also have to plan for upcoming projects that are still in the pipeline.

Project forecasting and pipelines are common, but they are exceptionally common within businesses that perform work for clients and bids on projects. For these kind of companies, finding a solution that allows them to build a pipeline of potential projects is as important to them as managing current projects. The project managers and owners of such companies must know all future opportunities in the pipeline and the probability of these potential projects turning into active ones- and when! This way they can staff accordingly and never get caught off guard.

With Vorex Project Planning module- managers can create ‘potential’ projects for each clients. This pipeline management tool allows the manager to include all relevant information about the opportunity, such as the percentage of it turning into an active project, who might be managing the project, potential staffing suggestions…etc.

Once a project in the pipeline is fed with minimal data- the software will provide the manager with a calculated estimate of the cost for the project based on hourly rates and beginning/ending period. This critical data can help managers in budgeting as well as forecast project profitability when providing the client with a proposal.

Project Planning Key Features:

• Unlimited potential projects: Add any number of projects in your pipeline management screen.
• Required skills: Define any number of skills for each project for easier staffing.
  
• Conversion probability: Percentage driven data on the probability for any potential project turning into an active one.
  
• One-click conversion: Turn any potential project into an active one with one click to eliminate redundant work.
  
• Cost estimator: Auto generated cost estimate for the project based on rates and duration.