software dashboard product management

Dashboard for a Product Management Tool

Dashboards for project management can function as your project’s control panel, displaying only the most important statistics and measures.

Project management can all too easily become overly complicated. This is where dashboards for project management can help. They can function as your project’s control panel, displaying the most important statistics and measures that will help you simplify the management of project performance.

With the correct dashboard, you’ll be able to quickly assess progress, swiftly update stakeholders, and take action in response to threats that arise.

However, not all dashboards for project management are created equal. Some do not provide essential details or are too simplistic while others obstruct your most important task. To help you select the most effective project dashboard for your setup, here are some aspects to take into consideration.

Project Dashboard Key Features

A great project management dashboard will present the most crucial information about your project in an easy-to-read format. An excellent project management dashboard must contain the following elements:

1. Tracking Budget Spent

Your dashboard should be able to quickly inform you whether or not you’re in line with your budget. You should be able to see whether you’re over or under your budget at a glance. If it’s time-based or monetary, it’s important to be aware of how much of your budget you have used up and what’s left. Alerts for milestones on your spending schedule can be a big plus.

2. The Ability to Plan

Because the performance of your project will be evaluated against a fixed timeline, it makes sense that your dashboard has the ability to plan. This will allow you to quickly look over your timeline, allowing you to see what you’ve scheduled for the next few days. It will also allow you to adjust the planning according to shifting budgets, time pressures, or other factors.

3. Project Activity Feed

Your dashboard should include information about your activity feed. This includes historical project actions, milestones, and the number of hours spent on a project each day. The best dashboards today make use of AI to detect any odd patterns, such as excessive amounts of time logged in. They can help you react swiftly to threats or errors before they become costly.

4. Total Time Used…and the Billable Amount

No matter how big your undertaking, keeping track of your time is crucial. It’s not a problem when you bill per hour or work on retainer. However, it’s important for managing project efficiency. It’s important to determine the amount of time your team is working on various projects, right down to the person. Apart from helping you balance your resources, this could give you a good overview of which areas the biggest part of your project time is going. It could also help in the areas where you can make more efficient use of your resources.

5. Quick Reporting

The graphs and charts displayed on your dashboard ought to be simple enough to share with other people. This is crucial for people who don’t have an account with your dashboard software. You can look for the basic report export options such as PDF, XLS, and CSV and more advanced options, like sharing unique URLs.

6. Usability and Design

The ability to display useful information is just part of a great project management dashboard. The other is aiding you in absorbing the information. You should be able to quickly navigate your dashboard, find the most crucial metrics, and be confident that the information displayed is accurate. Consider these two elements of usability:

  • The Levels of Granularity of HTML: A global overview of several projects is wonderful. You’ll see at a glance what’s happening in your client’s profile. However, you should be able to modify your dashboard to give you more precise details. Ideally, every living project must have a personal dashboard to look into details about time, budget, and other tasks.
  • Interactive UI: a good project management dashboard comes with a simple and appealing user interface that makes it easy to manage important information. It should display the most current information and ensure that you don’t overlook any important detail.

Dashboards for Project Management Tools

There’s a wide range of software available for project management. Here are three popular options:

1. Timely

Unlike many apps, Timely’s project management dashboards are powered by automatically-tracked project time data, meaning no detail is ever lost or misrepresented. It provides highly accurate, live reports on individual project health, making it great for project budget tracking. You can monitor multiple projects’ activities from the same dashboard or select the project you are interested in for a more in-depth analysis.

2. WorkOtter

WorkOtter allows you to set up regular reports to be immediately sent to the participants. In addition, it offers a wide variety of project management tools. It allows users to customize their dashboards. Users all receive the same data and are also able to customize their dashboards.

3. Smartsheet

Smartsheet understands the power of visual communication. It features dashboards for managing projects, executive control, sales pipelines, and event planning. It’s an ideal option for people who wish to easily create dashboards with the spreadsheet method.