The result-oriented nature of lump sum projects requires clear project outlines and deadlines:
In lump sum projects, planned person-months and other costs must be detailed and accountable per work package:
Managing finances effectively is imperative to prevent budgetary overruns before work package completion. Additionally, readiness for EC financial audits in lump sum projects is still a must.
The lump sum model comes with a higher dependency on the performance of all project partners as payments for all are approved collectively upon milestone completion:
Monitoring your project progress is crucial in lump sum grants, where funding is tied to achieving specific milestones:
Success in lump sum projects is heavily based on meeting deadlines and delivering tasks on time:
Adapting to unforeseen changes without the possibility of adjusting the total funding in lump sum projects requires contingency planning:
The main results and improvements we achieved, by using EMDESK project management tool, is a greatly reduced workload that enabled gathering inputs by e-mail and collating documents for reporting and monitoring of resources.
With EMDESK, you have everything you need in one spot to manage a lump sum project or even multiple projects hassle-free. As the coordinator or manager, EMDESK gives you total control and a clear overview. You can effortlessly monitor and track each project, with all the essential info right at your fingertips.
We thoroughly enjoy working with EMDESK. As a large project with thousands of team members, hundreds of partners and lots of deadlines, we have a tight schedule and special requirements. We would recommend EMDESK to anyone looking for a comprehensive collaboration solution.
With EMDESK, your data is secure. We prioritise data security and ensure compliance with EU data protection laws, including GDPR.
EMDESK is an excellent tool that the team members and partners are able to use easily and quickly. We are happy with the choice we made. I greatly appreciate the fact that project managers at every level are able to report and update directly in EMDESK and I don't have to exchange back and forth with Word.
We are always here for you, personally. Apart from offering extensive help articles and video tutorials, our support team is ready to promptly respond to your individual requests within a few hours.
We have been really impressed with the software in helping make monitoring and reporting so much easier. The support services in setting up the system and answering questions were always excellent, concise and efficient. I recommend this software to anyone who is planning a project proposal or managing projects as it takes away a lot of the pain of pea counting and formatting proposal and reporting documentation.
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