The four crucial steps for superior project management

We know how hard it can be to monitor multiple projects, people, WIPs, documents and due dates all at once. Especially if these are all being managed manually through spreadsheets or emails - or lets face it - random to-do lists. 

The challenge with this – particularly when it comes to dealmaking – is that these are static mediums, prone to duplication, never-ending email chains, and a lack of version control when passed between multiple parties. When you’ve spent hours working out of V25, only to discover a V26 in existence, it quickly becomes obvious these are not fit-for-purpose tools.

That's why we designed Deal Workflow, a project management tool that has been purpose-built for you to run all your pre-during-and-post-deal activities, like your IRLs and DD checklists, in the one centralized and integrated space, so you can get your team collaborating more efficiently and get your documents prepared easier and earlier. 

With help from our project management experts (our Product Management Team) themselves, we’ve put together four very simple steps that are key for staying in control of your projects, and managing them with ease. We know you might be thinking, of course we would suggest that you use our own product - Ansarada Workflow. But this is because we have firsthand experience with our tool (we all use it here at Ansarada for our project management needs) and are confident in the value it can bring to your business, no matter which stage of the transaction or project you are in.

 

The 4 steps for superior project management 

1. Choose the right software for you 

Based on experience gathered from 35,000+ transactions, Ansarada Workflow is a project management tool that has been purpose-built for your needs. Run your projects and deals in an integrated and centralized space, so you can get your team collaborating more efficiently and get your documents prepared easier and earlier. Ansarada Workflow has been designed for use across pre, during and post deal stages so you won't have to waste time and energy duplicating tasks or documents from project to project. 
 

2. Get prepared early

Don't wait until the project has already started to get your project management up and running. Get into the ansarada platform early and begin uploading and updating documents and tasks in seconds using our bulk upload and edit features. Save time by using the pre-provided templates or re-use your own saved templates from past projects. Oversight of your project from the earliest time will mean you can pre-empt risks or opportunities and respond to blockers as they arise.     

3. Collaborate and communicate 

Projects can’t be completed alone. Collaborate in real-time with ease, across teams and organizations, without switching screens or programs. Manage and track all your annotations and comments - so you can always see what has been done, by who, and when. Using the comment feature, easily tag relevant team members on tasks, so that they are alerted of your note or request. Cut the need for back and forth emails and not having context about the task at hand. This allows for multiple layers of approvals, so you can be confident a document or task is perfect before showing it to external parties.
 

4. Total project transparency  

With three different views to choose from (table, gantt or detailed), and easy navigation between them, you can track multiple projects with ease, with the option to drill down into individual tasks for more granular details. Everyone works out of the one integrated and centralized space, for a singular source of truth. Comments can be marked as ‘resolved’ to signal that the item has been looked after. If at any point you need to add something, you can re-open the comment to make sure the task gets completed.