Predict and Handle Unexpected Expenses in Software Projects

Introduction

Development projects, whether they involve software, construction, or any other field, are complex and often subject to unexpected expenses. These unforeseen costs can significantly impact the project’s budget and timeline, leading to delays and financial strain.

Anticipating and managing unexpected expenses is crucial for the successful completion of any development project. This article explores strategies and best practices for predicting and handling unforeseen expenses effectively in development projects.

What are Unexpected Expenses?

Unexpected expenses in software development refer to unforeseen costs that arise during the project lifecycle. These are costs that were not initially accounted for in the project budget. Common sources of unexpected expenses:

  • Scope Changes
  • Technical Challenges
  • Resource Constraints
  • Regulatory and Compliance Issues
  • Market Fluctuations
  • Stakeholder Changes

Here are a few relevant statistics:

  • The percentage of ERP implementation projects with budget overrun issues in 2023 was 47%, and in 2022, it was 41%. In 2011 and 2017, it was 74%.
  • 70% of organizations tend to have issues with at least one project, as per KPMG
  • Studies published in the Portland Business Journal show that 65% to 80% of projects fail to meet their objectives and end up costing far more than the initial budget.
  • Approximately 75% of business and IT executives anticipate that their software projects will fail.

Strategies To Combat Unexpected Expenses

Unexpected expenses can have a profound impact on a project’s budget, timeline, and overall success. Here are essential strategies to anticipate unexpected expenses.

Conduct thorough planning and risk assessment:

  • Identify potential risks: Perform a detailed risk assessment at the beginning of the project to identify possible areas where unexpected expenses might arise.
  • Develop a contingency plan: Create a contingency plan that outlines steps to mitigate any risks you identify. Allocate a portion of the budget specifically for unforeseen expenses.
  • Detailed scope definition: Clearly define the project scope, including objectives, deliverables, and boundaries. Use techniques like Work Breakdown Structure (WBS) to break down the project into manageable components.

Establish a realistic budget:

  • Include buffer amounts: When setting the budget, include buffer amounts for each phase of the project to cover any unexpected costs.
  • Use historical data: Leverage historical data from similar projects to anticipate possible cost overruns and set a more accurate budget.
  • Budget Contingency: Allocate a contingency budget to cover unexpected expenses. The contingency amount should be based on the project’s complexity, historical data, and identified risks.
  • Implement regular monitoring and reporting.
  • Track progress and expenses: Use project management tools to track project progress and expenses regularly. This helps identify any deviations from the budget early on.
  • Conduct regular reviews: Schedule regular financial reviews and updates to monitor the budget expenditures. Ensure that any emerging issues are addressed promptly.
  • Risk management: Conduct a thorough risk assessment to identify potential risks and their impact on the project. Develop a risk management plan that includes strategies for mitigating identified risks and contingencies and addressing them if they occur.
  • Engage stakeholders early and often.
  • Clear communication: Maintain open and frequent communication with all stakeholders to ensure everyone is aware of the project’s status and any potential financial concerns.
  • Set expectations: Clearly define the project scope and budget constraints with stakeholders from the start to manage expectations and reduce the likelihood of scope creep.

Prioritize essential features:

  • Focus on core functionality: Prioritize the development of essential features that deliver the most value to the project. This will help manage resources more efficiently and avoid unnecessary expenses.
  • Implement phased delivery: Consider a phased delivery approach, where core features are developed first, followed by additional features if the budget allows.

Flexible Project Management:

  • Iterative Development: Adopt an agile development approach that allows for iterative progress. Frequently reassess the project requirements and budget.
  • Flexibility: Agile methodology provides the flexibility to make adjustments to the project plan based on feedback and evolving needs This reduces the risk of unexpected costs.
  • Expert Consultation: Consult with experts and experienced team members to validate cost estimates and identify potential areas of concern. Their insights can help refine estimates and highlight potential risks.

Optimize resource allocation

  • Efficient use of resources: Ensure that resources are allocated efficiently to avoid wastage and ensure that every dollar spent contributes to project success.
  • Leverage expertise: Use experienced developers and project managers who can anticipate potential issues and navigate them effectively.

Maintain a change management process:

  • Formal change requests: Implement a formal change management process where any proposed changes to the project scope or requirements are reviewed and approved, ensuring that their impact on the budget is assessed.
  • Document changes: Keep detailed records of all changes and their financial implications to maintain transparency and control over the project budget.

Regularly re-evaluate project scope:

  • Adjust as needed: Regularly re-evaluate the project scope to ensure it aligns with the budget and project goals. Be prepared to make adjustments if necessary to stay within budget.
  • Avoid scope creep: Vigilantly guard against scope creep by adhering to the defined project scope and managing any changes through the established change management process.

Post-project review:

  • Analyze and learn: Conduct a post-project review to analyze what went well and what didn’t. Focus on how unexpected expenses were handled.

Technology and Tools

  • Project Management Software: Invest in advanced project management software that provides real-time visibility into project performance, expenses, and risks. Use these tools to streamline processes and enhance decision-making.
  • Collaboration Platforms: Utilize collaboration platforms to facilitate communication and collaboration among team members and stakeholders. These platforms can streamline workflows and improve coordination.
  • Automation and AI: Explore the use of automation and artificial intelligence (AI) to enhance project management processes. AI-powered tools can assist with risk identification, cost estimation, and resource allocation.

Real-world example:

Acquaint Softtech development of a website and Mobile Application for SuperFi. Nick Spiller, outsourced their requirements to us because they strongly believe in outsourcing. We developed a feature-rich FinTech app. It was meant for people in the UK to manage their debt.

We detected that the tight deadline and few changes in the scope were going to lead to unforeseen costs. At Acquaint Softtech, we always have a contingency and account for the unexpected. Our skill and experience were evident in how we successfully steered clear of budget overrun by handling the unexpected costs.

You can trust us with your software development requirements. Our team of top-notch developers has the necessary skills and experience to deliver cutting-edge solutions.

Seek Help From The Experts

A professional software development outsourcing company like Acquaint Softtech will have the expertise to detect unforeseen expenses. In fact, they also implement the right strategies to prevent it.

It is vital to understand the root causes of unexpected costs. One of the most common issues is a lack of initial planning. Scope creep and a lack of a contingency plan are also some of the other issues. At Acquaint Softtech, we implement the best strategies to anticipate and manage the unexpected costs of software development.

A fitting quote –

“Testers don’t like to break things; they like to dispel the illusion that things work.” – Cem Kaner – James Bach – Bret Pettichord

Hire remote developers from Acquaint Softtech to keep unforeseen costs at bay. Gain an upper edge over your competitors by trusting the professionals.

Conclusion

Anticipating and handling unexpected expenses in development projects is essential for ensuring cost-effectiveness and project success. By understanding the familiar sources of unforeseen costs and implementing strategies for proactively managing risk, effective communication, and financial control, organizations can mitigate the impact of unforeseen costs.

Comprehensive project planning, realistic cost estimation, and flexible project management approaches are vital in anticipating potential issues and preparing for them. When unexpected expenses do arise, proactive risk mitigation, transparent communication, and practical financial management can help address these challenges and keep the project on track.

Learn from past experiences, continuously improve processes, and leverage advanced tools and technologies. This way organizations can enhance their ability to anticipate and handle unexpected expenses in future development projects. Ultimately, a proactive and prepared approach will lead to more successful, cost-effective projects that deliver value to stakeholders and achieve organizational goals.

The Benefits of Using a Task Management Tool: Why You Need One

Are you tired of feeling overwhelmed by the sheer volume of tasks and projects you need to manage? Do you struggle to stay organized and on top of deadlines? If so, you’re not alone. In today’s fast-paced business environment, effective task management is crucial for staying productive and achieving your goals. In this article, we’ll explore the benefits of using a task management tool and why you need one to streamline your workflow and improve your overall performance. 

Boosting Productivity 

One of the primary benefits of using a task management tool is that it helps you stay organized and focused. By breaking down large projects into smaller, manageable tasks, you can prioritize your work and ensure that you’re making progress towards your goals. This not only increases your productivity but also reduces stress and anxiety. 

Improved Collaboration 

Task management tools also facilitate seamless collaboration among team members. By providing a centralized platform for communication and file sharing, you can ensure that everyone is on the same page and working towards the same objectives. This leads to better communication, reduced misunderstandings, and increased efficiency. 

Enhanced Visibility 

Another significant advantage of using a task management tool is that it provides real-time visibility into your projects and tasks. With features like progress tracking and deadline management, you can easily monitor your progress and identify any bottlenecks or roadblocks. This allows you to make adjustments as needed and stay on track. 

Better Time Management 

Task management tools also help you manage your time more effectively. By setting deadlines and prioritizing tasks, you can ensure that you’re allocating your time wisely and making the most of your resources. This leads to increased efficiency and reduced waste. 

Increased Accountability 

Finally, task management tools promote accountability within your team. By assigning tasks and tracking progress, you can ensure that everyone is held responsible for their work and that tasks are completed on time. This leads to increased motivation and a sense of accomplishment. 

Key Features to Look for in a Task Management Tool 

When selecting a task management tool, there are several key features to look for to ensure that you can effectively manage your tasks and projects. Here are the essential features to consider: 

Task Creation and Assignment 

The ability to create and assign tasks to team members based on their skills and responsibilities is crucial for efficient task management. This feature allows you to break down large projects into smaller, manageable tasks and assign them to the appropriate team members. This ensures that each team member knows what they need to do and when, and that everyone is working towards the same goals. 

Progress Tracking 

Real-time tracking of task progress and deadlines is vital for staying on top of your projects. This feature allows you to monitor the status of each task and ensure that deadlines are being met. You can also use this feature to identify any bottlenecks or roadblocks and make adjustments as needed. 

Collaboration Tools 

Collaboration tools are essential for effective team communication and collaboration. These tools include features such as comments, file sharing, and real-time updates. They enable team members to work together seamlessly and ensure that everyone is on the same page. 

Deadline Management 

The ability to set and manage deadlines for tasks and projects is critical for staying on schedule. This feature allows you to set realistic deadlines and track progress towards those deadlines. You can also use this feature to identify any potential delays and make adjustments to ensure that deadlines are met. 

Resource Allocation 

Visibility into team members’ workloads, availability, and skill sets is essential for effective resource allocation. This feature allows you to identify any potential bottlenecks or overloads and make adjustments to ensure that each team member has a balanced workload. 

Best Task Management Tools 

Task management tools are essential for managing projects and tasks efficiently. Here are some of the best task management tools available: 

KaryaKeeper 

Karya Keeper is a project and task management software that helps teams streamline tasks, timelines, and collaboration. It provides a centralized platform for task management and collaboration, allowing users to create and assign tasks, track progress, and set deadlines. KaryaKeeper also integrates with other tools and platforms, making it a versatile option for teams. 

Asana 

Asana is a popular task management tool that provides a centralized platform for task management and collaboration. It allows users to create and assign tasks, track progress, and set deadlines. Asana also integrates with other tools and platforms, making it a versatile option for teams. 

Trello 

Trello is a visual task management tool that uses boards, lists, and cards to organize tasks and projects. It is known for its simplicity and ease of use, making it a great option for teams of all sizes. 

Microsoft To-Do 

Microsoft To-Do is a simple and intuitive task management tool that integrates with Microsoft Outlook and other Microsoft products. It allows users to create and manage tasks, set reminders, and track progress. 

Google Tasks 

Google Tasks is a lightweight task management tool that integrates with Google Calendar and other Google apps. It allows users to create and manage tasks, set reminders, and track progress. 

In conclusion, using a task management tool is essential for staying organized, productive, and efficient in today’s fast-paced business environment. By providing a centralized platform for task management, collaboration, and communication, these tools help you stay on top of your projects and achieve your goals. Whether you’re a small business owner or a large corporation, incorporating a task management tool into your workflow can have a significant impact on your productivity and success. 

Time Tracking for Remote Teams: Best Practices and Tools for Effective Management

As a remote team manager, you understand the importance of effective time tracking for managing your team’s productivity, ensuring accurate timesheets, and maintaining transparency. However, managing time tracking for remote teams can be challenging due to the lack of face-to-face interaction and the need for more structured communication. In this article, we will explore the best practices and tools for effective time tracking management in remote teams, helping you streamline your workflow and improve collaboration. 

Challenges of Time Tracking for Remote Teams 

Before we dive into the best practices and tools, it’s essential to understand the challenges of time tracking for remote teams: 

Lack of Visibility 

Remote teams often lack visibility into each other’s work, making it difficult to track progress and identify potential issues. This lack of visibility can lead to misunderstandings, miscommunication, and delays in project completion. 

Difficulty in Monitoring 

It can be challenging to monitor remote team members’ work hours, especially if they work irregular schedules or have varying time zones. This difficulty in monitoring can result in inaccurate timesheets, errors in payroll, and project budgeting issues. 

Inaccurate Timesheets 

Without proper time tracking, remote team members may submit inaccurate timesheets, leading to errors in payroll and project budgeting. This can result in financial losses, delays in project completion, and a lack of trust among team members. 

Overcoming These Challenges 

To overcome these challenges, remote teams must implement effective time tracking strategies and tools. This includes: 

Using Time Tracking Software: Utilize time tracking software that is designed for remote teams, providing features such as automated time tracking, real-time reporting, and collaboration tools. 

Establishing Clear Communication: Set clear expectations for time tracking and communication with remote team members, ensuring that everyone is on the same page. 

Regular Check-Ins: Conduct regular check-ins with remote team members to discuss progress, address concerns, and provide feedback. 

Best Practices for Time Tracking in Remote Teams 

To overcome the challenges of time tracking in remote teams, follow these best practices: 

Establish Clear Communication 

Set clear expectations for time tracking and communication with your remote team members. This includes: 

Clear Work Hours: Establish clear work hours and expectations for when employees should be available for work. 

Clear Expectations for Productivity: Establish clear expectations for employee productivity, ensuring that employees understand their roles and responsibilities. 

Clear Policies for Requesting Time Off: Define policies for requesting time off and how time off will be tracked. 

Use Time Tracking Software 

Utilize time tracking software that is designed for remote teams, providing features such as: 

Automated Time Tracking: Automated time tracking ensures that employees do not have to manually log hours, reducing errors and increasing accuracy. 

Real-Time Reporting: Real-time reporting allows managers to track progress and identify potential issues in real-time. 

Collaboration Tools: Collaboration tools enable remote team members to work together seamlessly, ensuring that everyone is on the same page. 

Set Clear Goals and Objectives 

Establish clear goals and objectives for each project, ensuring that remote team members understand their roles and responsibilities. This includes: 

Clear Project Objectives: Establish clear project objectives, ensuring that remote team members understand what is expected of them. 

Clear Roles and Responsibilities: Establish clear roles and responsibilities, ensuring that remote team members understand their specific tasks and responsibilities. 

Regular Check-Ins 

Conduct regular check-ins with remote team members to discuss progress, address concerns, and provide feedback. This includes: 

Regular Progress Updates: Regular progress updates ensure that remote team members are aware of their progress and any potential issues. 

Addressing Concerns: Addressing concerns ensures that remote team members feel heard and valued, reducing the risk of misunderstandings and miscommunication. 

Providing Feedback: Providing feedback ensures that remote team members receive constructive feedback, enabling them to improve their performance and productivity. 

Tools for Effective Time Tracking 

To manage time tracking for your remote team, there are several tools you can utilize: 

Time Tracking Software 

Time tracking software designed for remote teams is essential for accurate time tracking, reporting, and collaboration. Some popular options include: 

Toggl: Toggl is a user-friendly time tracking tool that offers features like automated time tracking, project and task management, and detailed reports. 

Harvest: Harvest allows you to track time for different clients and projects, track billable and non-billable hours, send invoices, and analyze data. 

Clockify: Clockify uses a digital stopwatch to help users track time for every task they are working on. Team leaders can allocate specific time durations for every project to ensure employees stay on track. 

Hubstaff: Hubstaff simplifies time tracking, pay management, and project budgeting for remote teams. It offers features like automatic time tracking, screenshots, and activity levels. 

Karya Keeper: Karya Keeper provides all features needed to track timelines, create tasks, and assign them either to teams or individuals. It includes features like automated time tracking, project and task management, and detailed reports. 

Project Management Tools 

Project management tools help remote teams collaborate, track progress, and stay organized. Some popular options include: 

Asana: Asana is a comprehensive project management tool that allows teams to plan projects, track tasks, and collaborate in real-time. 

Trello: Trello uses a Kanban-style board to help teams visualize their work and track progress. It’s easy to use and highly customizable. 

Basecamp: Basecamp is a project management and team communication tool that includes features like message boards, to-do lists, and automatic check-ins. 

Communication Tools 

Regular communication is crucial for remote teams. Communication tools like video conferencing and instant messaging can help teams stay connected and aligned. Some popular options include: 

Zoom: Zoom is a popular video conferencing tool that allows for free video calls with up to 50 people and paid plans with up to 500 participants. 

Slack: Slack is an instant messaging platform that allows teams to communicate in real-time, share files, and integrate with other tools. 

Microsoft Teams: Microsoft Teams is a collaboration platform that includes features like video conferencing, chat, and file sharing. 

Effective time tracking is crucial for remote teams to ensure productivity, accuracy, and transparency. By following the best practices and utilizing the right tools, you can streamline your workflow, improve collaboration, and boost productivity. Remember to establish clear communication, set clear goals and objectives, and conduct regular check-ins to ensure that your remote team is working efficiently and effectively. 

9 Mistakes to Avoid for Smooth Project Management

Introduction

A culture of working 9-5 has changed fundamentally in the past decade. Candidates are seen fulfilling their dream of working from the comfort of their house. Remote work is considered as the new normal.

According to one study by Owl Labs, 71% of remote staff feel happy when they are allowed to work from home. This resulted in an increase in their productivity by 86%, their work-life balance has increased rapidly.

However, not all days are sunnier & rosey. This shift towards remote work has also brought some challenges with it, the most discussed one is “effective remote team management”.

In this article, we’ll discuss the most common mistakes in remote team management. We will also learn about the best ways to avoid these mistakes. Let’s first begin by understanding what Remote team management is?

What is Remote Team Management?

When an organization shifts their approach towards a remote work model, it is known as Remote team management.

Every question has multiple answers at times. Likewise, there are multiple answers to answer the question of how you should approach remote work. A few companies might choose to go fully remote, some would cycle their employees in & out.

There are a few organizations there are a few who achieve a balance of both. The only key to answering the question is to try what works best for you & your people.

There are mainly three types of Remote Teams

  • Fully Remote
  • Flexible Teams
  • Hybrid Teams

Regardless of what type of remote team you build, it will always be a tough task for your team leaders to answer one question. A question that says. “How to bring everyone together to achieve the same goals. Let’s work together to find the answer.

Now, let’s first understand the common mistakes organizations make while managing remote teams

9 Collaboration Mistakes in Remote Work Management

Some of the mistakes of Remote Work Management are as follows, ensure you avoid them while managing the remote work management.

Not Defining Strategies:

In many businesses, planning becomes the most important aspect, as is the case with remote work management. There have been many instances where team members are found setting unrealistic targets for their teams. Such a practice leads to disappointment & it also results in wastage of work hours.

There are two things you need to set to achieve excellence:

Workforce Hierarchy:

The organization needs to clearly state & communicate who is answerable to whom, this will increase the efficiency of work.

Communication:

The organization needs to plan all the communication channels for every employee to use.

The questions on hierarchy & strategies are often the most discussed ones & are the most challenging. But, these challenges can be minimized if proper strategies are formulated.

Not creating conversation space:

This is one of the biggest challenges faced by organizations that are managing remote teams. Unlike in-house teams, remote teams always face the challenge of interacting with their colleagues.

Due to a lack of physical office space, interaction might become a hindrance. To tackle this challenge they need to plan & strategize all communication tools to be used during the project.

Not using the right tools:

Due to the advancement in technology, people can work from anywhere around the globe. But, not using the right tools might lead to faulty team collaboration. If the organization wants to streamline the collaboration it must use the right tools.

Using the below range of tools will help them find the right balance in the collaboration efforts.

Team Management Software:

Assigning & tracking project tasks & coordinating with the team.

Workplace communication tools:

The organizations need to plan the usage of all the communication tools to streamline the interaction between the team.

Cloud-based storage:

The organization should also plan to buy some data storage tools to preserve all the data & exchange information internally.

Video conferencing:

The remote teams should also have the right video conferencing tools to interact with the clients.

Keep all communication digital:

Many organizations look forward to simply keeping the interaction fully digital. Any business or interaction becomes a success only when a flavor of face-to-face interaction is involved. Organizations should plan physical meetings of team members at least once to smoothen the project management.

Micromanaging remote teams:

If you’re provided the luxury to work flexibly you would see an increase in the amount of your productivity. Micromanagement can lead the team members to burnout & they might find it difficult to work. Employees would not trust their manager & hence might lose interest in giving their 100% to the work.

Allowing the team members to work at their convenience will help the organization in boosting productivity.

Giving preferential treatment to In-house teams:

Any organization opting a hybrid work model should ensure they promote equality amongst the team members. The organization should provide equal opportunities to everyone.

Further, if you also wish to motivate your remote team, you should use the below-mentioned strategies:

  • Giving them access to useful online courses related to their work.
  • Inviting them to industry events.
  • Sending them gift cards to make off for the face-to-face party they couldn’t attend.
  • Celebrating their birthdays, anniversaries & personal milestones.

Ignoring time zones before conducting a meeting:

Time zones play a very important role in remote work. Whether it is about executing the task, scheduling a meeting or any virtual gathering, time zone plays a significant role. Any organization that wants to set up the meeting should try to find an overlapping time to encourage full attendance during the meeting.

Ignoring time zones can lead to a misalignment of the project & can result in a waste of time & resources.

How hiring a Software Outsourcing company can help?

Any organization that wants to tackle any of the above mentioned challenges should hire software development outsourcing services. And if you want to know ****how you can choose right IT outsourcing partner.

What does the term outsourcing software development mean?

When an organization delegates its software development project to another software development service provider, it is known as software outsourcing.

There are mainly three types of software outsourcing options available, all three are stated below:

  • Inshore outsourcing software development
  • Offshore outsourcing software development
  • Nearshore outsourcing software development

Inshore Outsourcing Software Development

Inshore outsourcing is a software development practice in which software development tasks are outsourced to an external vendor located within the same country.

There are several advantages of adopting Inshore outsourcing software development

  • Easier communication
  • Similar time zones
  • Compliance & Legal Ease
  • Supports Local Economy

Offshore Outsourcing Software Development

It is a software development outsourcing practice where organizations hire external teams to handle software development tasks based in a different country.

There are several advantages of Offshore **Outsourcing Software Development**.

  • Cost efficiency
  • Access to Global Talent
  • Round-the-Clock Productivity
  • Focusing on core business

Now, let’s understand what is Nearshore outsourcing software development

Nearshore Outsourcing Software Development

Nearshore software outsourcing is a practice, where organizations outsource their software development tasks to a nearby country. For example, A country based out of the United Kingdom outsources its software development to Germany or Ireland.

In this approach, the organization can leverage the benefit of both Inshore outsourcing & offshore outsourcing.

Now, let’s understand why is India the best country for Software Development Outsourcing

India: A leader in Outsourcing Software Development

India as a country has become a hot choice for leveraging software development outsourcing. One reason that makes India a hot choice for software outsourcing is its lower cost. Now, not only India, but the whole of Asia has the lowest costs as compared to other regions.

The cost of outsourcing a project plays a vital role in finalizing the right IT partner for software development outsourcing services. It is a great idea to choose a cost-effective software development partner, but it is equally important to consider the quality of the work.

India is a hot choice for software development not because of its lower costs but because it is popular due to its high-quality services as well.

Now, let’s understand the Top Five Software Outsourcing Company in Ahmedabad

Top 5 Software Outsourcing Company in Ahmedabad

  • Acquaint Softtech

Acquaint Softtech is a software development company specializing in IT Staff Augmentation Services and custom software development. Our team of experts has 15+ years of industry experience in helping our clients build custom software solutions. We can help your organization hire remote developers that meet your requirements.

  • Bacancy Technology

Bacancy is a Software development company that focuses on improvising the industry, we strongly believe in the power of software & technology. We are an agile team of capable, driven & passionate people who are on the hunt to achieve excellence.

  • Simform

Simform is a Digital product engineering & IT staff solutions company. The organization aims to solve complex software engineering problems. Since 2010, our team of 1000+ developers has helped businesses in upscaling their business values through our development services.

  • Ebryx Tech

It is a Custom Software Development company having 15+ years of industry-driven experience. As a trusted partner, we are focused on delivering solutions that not only cater to the requirements of our clients but also help them achieve business growth.

  • Agile Infoways

Agile Infoways is using its creative ideas to revolutionize businesses around the globe. We are a well-known Custom Software Development company on a mission to provide standardized cloud development services.

Starting from product discovery to understanding the requirements by suggesting the perfect technology stack as per requirements, Agile Infoways has a dedicated team for each process.

Wrapping Up!

Organizations have adopted a shift towards software development outsourcing but managing a smooth project workflow requires a few key considerations. We have mentioned nine project management mistakes that need to be taken care of while managing a software development project.

Companies from developed nations like the United States, & the United Kingdom hire remote developers or are shifting towards leveraging software development outsourcing services to meet their software development needs.