{"id":3198,"date":"2022-04-06T11:46:37","date_gmt":"2022-04-06T15:46:37","guid":{"rendered":"https:\/\/niftypm.com\/blog\/?p=3198"},"modified":"2025-10-16T04:30:31","modified_gmt":"2025-10-16T08:30:31","slug":"ecommerce-project-management","status":"publish","type":"post","link":"https:\/\/niftypm.com\/blog\/ecommerce-project-management\/","title":{"rendered":"Ecommerce Project Management: 5 Tips for Success"},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">eCommerce is a beautiful thing.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Less than three decades ago, if you told someone they could make money from the comfort of their own home using nothing more than a computer, they\u2019d probably think you were crazy.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">And \u201cmaking money from a computer\u201d is really just the tip of the iceberg.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">You can generate cash, make enough of it to support yourself and your family, and even become <\/span><i><span style=\"font-weight: 400;\">genuinely wealthy<\/span><\/i><span style=\"font-weight: 400;\"> through eCommerce. But you can also establish businesses that go on to change the world forever and have a meaningful impact beyond the goalpost of profit.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">All of this can be done with a laptop and a steady internet connection. Which is not a challenge anymore, even in the remotest part of the world, thanks to <a href=\"https:\/\/esims.com\/could-spacexs-starlink-replace-all-telco-companies\/\" target=\"_blank\" rel=\"noopener\">satellite internet technology<\/a> like Starlink.<\/span><\/p>\n\n\n\n<p><strong>But perhaps we\u2019re getting ahead of ourselves \u2014 after all, it\u2019s no easy task.<\/strong><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">You could fill libraries with instructional content produced around the notion of eCommerce best practices. It\u2019s a complex, multi-faceted, and significant endeavor.&nbsp;<\/span><\/p>\n\n\n\n<p>In addition, a variety of tools are available to make shopping experiences better every time. <a href=\"https:\/\/www.sofi.com\/credit-card\/\" target=\"_blank\" rel=\"noopener\">Credit card companies<\/a> are even offering <a href=\"https:\/\/www.joinkudos.com\/\" target=\"_blank\" rel=\"noopener\">credit card rewards<\/a> for simply using their credit card as a payment method. This makes life easier for the user and provides an incentive to continue shopping at your store or website.<\/p>\n\n\n\n<p>Furthermore, implementing <a href=\"https:\/\/www.weareplanet.com\/dcc\" target=\"_blank\" rel=\"noopener\">Dynamic Currency Conversion (DCC)<\/a> can enhance shopping experiences by allowing customers to view prices and pay in their preferred currency, reducing friction in the purchasing process and potentially increasing conversions for international transactions.<\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">As with everything, though, it\u2019s easier if you take it one step at a time.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">A solid place to start in steering your eCommerce journey toward success is project management. Yep, that boring concept about organizing tasks and sub-tasks, creating deadlines, and delegating work. Far <\/span><a href=\"http:\/\/packhelp.co.uk\/project-management-or-to-do-list\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">superior to a \u2018to-do\u2019 list<\/span><\/a><span style=\"font-weight: 400;\">, too.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Here\u2019s the thing, though. If you do it right, eCommerce project management has serious multiplying effects.&nbsp;<\/span><\/p>\n\n\n\n<p>As a side note, you may want to also consider <a href=\"https:\/\/foundershield.com\/business\/e-commerce-insurance\/\" target=\"_blank\" rel=\"noopener\">eCommerce insurance<\/a>, especially when you are working on something like <a href=\"https:\/\/scandiweb.com\/magento-website-development\" target=\"_blank\" rel=\"noopener\">Magento eCommerce development<\/a>, as they are quite complex to work upon.<\/p>\n\n\n\n<p>For those seeking specialized <a href=\"https:\/\/www.atwix.com\/services\/magento-2-website-development\/\" target=\"_blank\" rel=\"noopener\">Magento development services<\/a> or experience with <a href=\"https:\/\/vuestorefront.io\/blog\/sap-commerce-cloud-microservices\" target=\"_blank\" rel=\"noopener\">SAP microservices<\/a>, it&#8217;s essential to choose a provider with a strong track record in eCommerce solutions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">What is Project Management?<\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Let\u2019s start at the beginning. What even is project management, anyway?<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Is it a system, a skill, an occupation?<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">All of the above is probably the correct answer, but let\u2019s go back in time to the roots of project management to get a better understanding.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In the olden-days, projects were generally arranged and organized by the practitioners of whatever the project related to \u2014 be it war, engineering, or trade.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">But that changed around the turn of the 19th century when certain figures introduced tools, techniques, and systems to bring order to the chaos of extremely challenging and complicated projects.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Among them included Henry Gantt, now recognizable for his ubiquitously-used <a href=\"https:\/\/niftypm.com\/blog\/gantt-chart-software\/\" target=\"_blank\" rel=\"noopener\">Gantt chart<\/a>. A Gantt chart is a bar chart that visually illustrates the overall process of a project.&nbsp;<\/span><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"1024\" height=\"668\" src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/grantt-charts-in-Excell-1024x668.jpg\" data-orig-src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/grantt-charts-in-Excell-1024x668.jpg\" alt=\"grant charts in Excel\" class=\"lazyload wp-image-3199\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271024%27%20height%3D%27668%27%20viewBox%3D%270%200%201024%20668%27%3E%3Crect%20width%3D%271024%27%20height%3D%27668%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/grantt-charts-in-Excell-300x196.jpg 300w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/grantt-charts-in-Excell-768x501.jpg 768w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/grantt-charts-in-Excell-1024x668.jpg 1024w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/grantt-charts-in-Excell-1536x1002.jpg 1536w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/grantt-charts-in-Excell.jpg 1600w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"font-weight: 400;\">(<\/span><a href=\"https:\/\/excelxo.com\/excel-spreadsheet-gantt-chart-template\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Image Source<\/span><\/a><span style=\"font-weight: 400;\">)<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Dedicating time and resources to the active management of projects in isolation quickly became standard practice due to its effectiveness. That\u2019s how the field of project management was born.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Fast forward half a century to when project management had become a serious intellectual endeavor and discipline. A few years later, project management&#8217;s principles, tools, and techniques had been distilled into the exciting and evolving field of project management software.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Most project management software, from the simplistic to the ultra complex, will feature some form of Gantt chart. It was so effective that it became universally accepted, standing the test of time. At the end of the day, while project management has evolved greatly over the years, its foundations contain some tried-and-true methods from years gone by.&nbsp;&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">What is Project Management Software?&nbsp;<\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/niftypm.com\/\" target=\"_blank\" rel=\"noopener\">Project management software<\/a> (PMS) utilizes computing power to enhance the practice of project management in several meaningful ways.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Not only does it serve as a powerful visual overview of project progress and completion, but it also allows the user to conduct and manage both the broad scope of projects and the more granular day-to-day tasks.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Simply put, project management software makes what should be an arduous and taxing process into a simple and mostly automated experience that will add to the overall effectiveness and efficiency of your company.<\/span><\/p>\n\n\n\n<p>Effectiveness and efficiency are the key to generating profits, so project management software is a tool that not only helps you do less and achieve more, but it\u2019s also a tool that helps you <a href=\"https:\/\/www.neo.space\/blog\/make-money-online-without-any-investment\" target=\"_blank\" rel=\"noopener\" title=\"\">make money<\/a> smarter.<\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Among its many features include budget management and estimation, <a href=\"https:\/\/niftypm.com\/blog\/task-management-software\/\" target=\"_blank\" rel=\"noopener\">task scheduling<\/a>, team management, resource sharing, communication, analysis, and plenty more.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">As project management software evolved over time, it started to perform more complex tasks using automation. This offered users serious time and resource-saving benefits.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">For example, you could instruct a project management software system to produce a budget report that\u2019s sent to company directors every month.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">These features are ideal for eCommerce SMEs with limited team members, as allowing&nbsp; software to perform some managerial heavy-lifting <\/span><i><span style=\"font-weight: 400;\">perfectly<\/span><\/i><span style=\"font-weight: 400;\"> suits the Lean model of eCommerce project management.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">But that\u2019s not all. Let\u2019s take a closer look at the benefits of project management software.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Benefits of project management software&nbsp;<\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><b>Better productivity<\/b><span style=\"font-weight: 400;\"> \u2014 As mentioned, PMS saves you time by taking care of tedious administrative tasks so you can focus more on what you do best: delivering awesome products and services to your customers.&nbsp;<\/span><\/li>\n\n\n\n<li><b>Risk minimization<\/b><span style=\"font-weight: 400;\"> \u2014 Winging it just doesn\u2019t produce the same results as thorough planning and organization. With each task and subtask in place and every cent accounted for, you actively lower the risk of doing business.<\/span><\/li>\n\n\n\n<li><b>Streamlined workflows <\/b><span style=\"font-weight: 400;\">\u2014 There\u2019s many moving parts to an eCommerce business. Illustrating that machine in PMS allows each part to move easily and in sequence, streamlining workflows.&nbsp;<\/span><\/li>\n\n\n\n<li><b>Gives a project a home<\/b><span style=\"font-weight: 400;\"> \u2014 As well as offering a place to see your tasks and collaborate with teammates, PMS gives a home to the many resources an eCommerce business needs to share across its departmental functions.<\/span><\/li>\n\n\n\n<li><b>Level playing field<\/b><span style=\"font-weight: 400;\"> \u2014 Chances are, your competition is already using PMS and experiencing its many benefits. Don\u2019t give them the upper hand by doing things the old-school way.&nbsp;&nbsp;<\/span><\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"768\" height=\"469\" src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/project-management-statistics.jpg\" data-orig-src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/project-management-statistics.jpg\" alt=\"project management statistics\" class=\"lazyload wp-image-3200\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27768%27%20height%3D%27469%27%20viewBox%3D%270%200%20768%20469%27%3E%3Crect%20width%3D%27768%27%20height%3D%27469%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/project-management-statistics-300x183.jpg 300w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/project-management-statistics.jpg 768w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"font-weight: 400;\">(<\/span><a href=\"https:\/\/financesonline.com\/project-management-software-useful-benefits-importance-features\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Image Source<\/span><\/a><span style=\"font-weight: 400;\">)<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">A 21st-century eCommerce business essentially needs a good project management solution to compete effectively.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">But why eCommerce, specifically? In such an ultra-competitive space, you\u2019re going to <a href=\"https:\/\/www.bigcommerce.com\/blog\/common-ecommerce-pain-points-reducing-business-efficiency-and-roi\/\" target=\"_blank\" rel=\"noopener\">need increased efficiency<\/a> if you want to be able to stand up to your roughest competitors. In the next section, we\u2019re going to break down specific reasons why the eCommerce industry needs to implement project management software tools into daily operations.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Why eCommerce Businesses need PM Software<\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">It\u2019s no accident that project management software fits so neatly into the eCommerce business model.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In fact, many of the most important project management software features cater to eCommerce business needs specifically.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Order processing, customer management, customer profiling, <\/span><a href=\"https:\/\/hiverhq.com\/blog\/customer-email-management-software\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">customer service email management<\/span><\/a><span style=\"font-weight: 400;\">, <a href=\"https:\/\/www.usebouncer.com\/email-verification\/\" target=\"_blank\" rel=\"noopener\">email verification<\/a>, and <a href=\"https:\/\/www.cliently.com\/blog\/lead-generation\">lead generation<\/a> are all supported by the creation and maintenance of databases. That\u2019s the raw material of project management software.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Think of it this way \u2014 eCommerce is, by definition, digital. Naturally, it makes sense to manage all that data digitally, as well.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">But as we said at the top, it\u2019s not that easy.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">So, allow us to make it easier. We\u2019ve gathered the most relevant, practical project management tips specifically for eCommerce businesses to improve productivity, free up your time, and grow your digital storefront to the next level.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Best eCommerce Project Management Tips&nbsp;<\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Start with SMART goal-setting<\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">Those of you who went to business school probably expected this first important tip.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">There\u2019s a reason why <a href=\"https:\/\/niftypm.com\/blog\/how-to-set-product-manager-goals\/\" target=\"_blank\" rel=\"noopener\">SMART goals<\/a> (and goal-setting more broadly) are talked about with such reverence by those in business circles.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">It really is the most foundational starting point for any project.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">A project is something we set up to achieve a certain outcome. If you don\u2019t have a clear idea of what those outcomes are, you can\u2019t expect to set up a workflow that makes any practical sense or serves the purpose of achieving your desired outcomes.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Start by clearly defining and setting goals. But these aren\u2019t just any goals \u2014 they\u2019re SMART goals.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">For the uninitiated, SMART stands for specific, measurable, attainable, relevant, and time-based. These are the five elements that every one of your goals needs to adhere to in order to be effective in leading your activities.&nbsp;<\/span><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-1024x1024.jpg\" data-orig-src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-1024x1024.jpg\" alt=\"SMART Goals\" class=\"lazyload wp-image-3201\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271024%27%20height%3D%271024%27%20viewBox%3D%270%200%201024%201024%27%3E%3Crect%20width%3D%271024%27%20height%3D%271024%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-125x125.jpg 125w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-150x150.jpg 150w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-300x300.jpg 300w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-768x768.jpg 768w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-1024x1024.jpg 1024w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals-1536x1536.jpg 1536w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/SMART-Goals.jpg 1599w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"font-weight: 400;\">(<\/span><a href=\"https:\/\/www.indeed.com\/career-advice\/career-development\/smart-goals\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Image Source<\/span><\/a><span style=\"font-weight: 400;\">)<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">An example of a goal that many <a href=\"https:\/\/leelinesourcing.com\/ecommerce-business-guide\" target=\"_blank\" rel=\"noopener\">eCommerce businesses<\/a> might have is \u201cincrease our sales revenue.\u201d&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">It\u2019s a reasonable goal to have, but it does nothing to inform the actions you need to set in your project to achieve it.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">You have to SMART-en it up.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">A better goal might be to \u201creach 1,000 units sold by Q4 of this year.\u201d&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">We\u2019ve set a timescale (time-based) that\u2019s based on historical sales figures (attainable) for a revenue-related achievement (relevant) with an exact benchmark of 1,000 units (specific and measurable).&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">From here, we know that we have to focus on marketing efforts for the additional sales and the period we need to complete the related activities in (Q1-Q3). That\u2019s project information we wouldn&#8217;t have realized without the goal-setting.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Develop a Minimum Viable Product&nbsp;<\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">You may have heard of an MVP in the context of sports. In that world it stands for \u201cmost valuable player.\u201d&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In business, however, it relates to the \u201c<a href=\"https:\/\/www.creolestudios.com\/mvp-development-guide\/\" target=\"_blank\" rel=\"noopener\" title=\"\">minimum viable product<\/a>,\u201d but it is still a valuable player in your push toward profitability.\u00a0<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">An MVP is a Lean Startup business concept that encourages people to invest less in product development and more in a minimum offering you can deliver that will still generate sales.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">The idea is that, with a less-developed product launched sooner, you can gain real insights from customers about product viability. This is information you would not have gained if you\u2019d been stuck in the theory stage.&nbsp;<\/span><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"800\" height=\"480\" src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/how-to-build-a-MVP.jpg\" data-orig-src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/how-to-build-a-MVP.jpg\" alt=\"how to build a MVP\" class=\"lazyload wp-image-3202\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27800%27%20height%3D%27480%27%20viewBox%3D%270%200%20800%20480%27%3E%3Crect%20width%3D%27800%27%20height%3D%27480%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/how-to-build-a-MVP-300x180.jpg 300w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/how-to-build-a-MVP-768x461.jpg 768w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/how-to-build-a-MVP.jpg 800w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"font-weight: 400;\">(<\/span><a href=\"https:\/\/financesonline.com\/project-management-software-useful-benefits-importance-features\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Image Source<\/span><\/a><span style=\"font-weight: 400;\">)<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">MVP is a powerful concept for eCommerce businesses, as it complements the financially lean nature of the model, using the internet as its testing ground.<\/span> The main advantage is that you can build it fast with the help of&nbsp;<a href=\"https:\/\/www.upsilonit.com\/blog\/top-mvp-development-companies-to-work-with\" target=\"_blank\" rel=\"noopener\" title=\"\">MVP companies<\/a>.<\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Additionally, this scientific approach to <a href=\"https:\/\/niftypm.com\/blog\/the-ultimate-guide-to-saas-product-development-process\/\" target=\"_blank\" rel=\"noopener\">product development<\/a> can be defined and carried out efficiently and fully within a project management system, as they often integrate customer management databases.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">The customers will typically be early adopters, and therefore less demanding when it comes to product value. They can offer feedback that can also be processed and analyzed within the PMS, offering valuable and actionable insights about how to structure your eCommerce projects to offer the highest value at the lowest cost.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Outline your Project\u2019s Financial Constraints<\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">You need to have every element of your project budget clearly outlined, down to the last cent. There are many reasons for this, but it all boils down to one all-important word that we\u2019ve mentioned more than once up to this point.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\"><strong>Check Profitability<\/strong>.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Project management software is a gift from the heavens when it comes to this, as there isn\u2019t a single operational area that isn\u2019t dependent on the flow of finances. You can connect all the pieces to create one beautiful, smoothly functioning machine.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Get a budget estimation by outlining all the trackable components.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In a new product <a href=\"https:\/\/niftypm.com\/blog\/12-tips-for-creating-a-successful-project-implementation-plan\/\" target=\"_blank\" rel=\"noopener\">launch project<\/a>, examples of trackable budget components might include the cost of the products, graphic design subcontractor costs, advertising placement costs, and more.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Design dependent workflows that notify the relevant managers so they can approve purchases before funds are issued. They can refer to the project home to verify whether the purchase is allowable based on the current spend.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Depending on the project management system you use, it\u2019s even possible to integrate things like an <\/span><a href=\"http:\/\/affinda.com\/invoice-extractor\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">invoice OCR solution<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.deskera.com\/in\/books\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">bookkeeping software<\/span><\/a><span style=\"font-weight: 400;\">, and other financial tools to take more work off your hands.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Keep relevant team members informed and engaged<\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">So many competent eCommerce business managers miss this crucial point.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Having most likely started the business themselves from not much more than a laptop and a few hundred bucks, it\u2019s all-too-easy to maintain a closed, independent mindset as it continues to grow.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">But collaboration is the name of the game when you\u2019re dealing with a growing business. It\u2019s therefore an operational priority for you to craft opportunities for cross-departmental collaboration at every level.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">You might imagine that a Q1 state-of-play report for the business is only relevant for you and your co-founders. Instead, you should share these insights with your team. It will serve to create a sense of shared progress and achievement, as well as offer them jumping-off points for their work.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Create a home for you and your team members to share resources and communicate freely \u2014 a place the whole company can see. You can do this quite easily on any PMS worth its salt.&nbsp;<\/span><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"376\" height=\"398\" src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/Nifty-for-Project-Management.png\" data-orig-src=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/Nifty-for-Project-Management.png\" alt=\"Nifty for eCommerce Project Management\" class=\"lazyload wp-image-3203\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27376%27%20height%3D%27398%27%20viewBox%3D%270%200%20376%20398%27%3E%3Crect%20width%3D%27376%27%20height%3D%27398%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/Nifty-for-Project-Management-283x300.png 283w, https:\/\/niftypm.com\/blog\/wp-content\/uploads\/2022\/04\/Nifty-for-Project-Management.png 376w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 376px) 100vw, 376px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-center\"><span style=\"font-weight: 400;\">(<\/span><a href=\"https:\/\/niftypm.com\/docs\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Image Source<\/span><\/a><span style=\"font-weight: 400;\">)<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Additionally, this allows for unified and streamlined <\/span><a href=\"https:\/\/preply.com\/en\/blog\/business-english-course\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">business communication<\/span><\/a><span style=\"font-weight: 400;\"> that could eliminate the teething issues of task completion.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Select a relevant project management visualization<\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">The great thing about PMSs is that they are flexible according to your project\u2019s specific demands.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">And since every project is different, <a href=\"https:\/\/niftypm.com\/blog\/how-do-you-use-tasks-to-automate-your-workflow\/\" target=\"_blank\" rel=\"noopener\">laying the workflows<\/a> out under the same system every time just doesn&#8217;t make sense.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Remember our friend Henry Gantt and his Gantt chart from earlier? That\u2019s one way of doing it. But there are others that might be more suitable for your project.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">The Swimlane view is one such example. It intersects project milestones with multiple relevant teams or departments. This way, at a glance, everyone can quickly see their own responsibilities compared to others in a common project, offering clarity and accountability.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">The right workflow for your team will depend heavily on the project, company size, and complexity.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Some learning and experimentation will go a long way here.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Design, assign, and monitor every project task<\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">And we mean <\/span><i><span style=\"font-weight: 400;\">every<\/span><\/i><span style=\"font-weight: 400;\"> project task, from big to small.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">This is the beauty (and, to be fair, the tedium) of project management. Every piece of every project your business will ever complete has a bearing on the efficiency of your organization.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">You don\u2019t have to rely on the goodwill and professionalism of your team members to get their stuff done correctly and on time. It should be fully outlined in the project management space.&nbsp;<\/span><span style=\"font-weight: 400;\">Let\u2019s say you want to design and launch a new product. The product development team needs to start brainstorming ideas, the design team will have to come up with prototypes, and the creative team will need to come up with copy and supporting visual assets.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Instead of jumping on a zoom call with each respective team member, create a clear picture of what needs to be done and commit it to the project management system.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">The clarity this offers is really something.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">When the copyrights have a clear and well-defined brief, a deadline, project dependencies, and a number of subtasks related to the production of copy, your job is done. You can sit back and plan the next move.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">It might be a lot of work (and not super fun) in the early stages, but the time it saves down the line is really invaluable.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Successful eCommerce Project Management<\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Successful eCommerce project management is as easy as having the right tools with the right knowledge. You\u2019re competing in an ultra-competitive space with thousands of competitors from all over the world. The right tools can make or break your entire company.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Luckily, you have a lot to draw on.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">We\u2019ve been developing project management philosophies and systems for the past 100 years, and the advent of project management software has only made that endeavor easier by taking the most boring tasks off our hands.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Pairing these tools with your eCommerce business makes all the sense in the world, as you can keep it digital and enjoy the benefits that come with it.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">A good project manager can also be a good project manager in eCommerce, as the foundational principles remain the same.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">We would suggest tripling down on learning everything you can about the incredible efficiency-enhancing features of these systems and crafting a digital space that\u2019s right for your business.&nbsp;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>eCommerce is a beautiful thing.&nbsp; Less than three decades ago, [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":3209,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/posts\/3198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/comments?post=3198"}],"version-history":[{"count":0,"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/posts\/3198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/media\/3209"}],"wp:attachment":[{"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/media?parent=3198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/categories?post=3198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niftypm.com\/blog\/wp-json\/wp\/v2\/tags?post=3198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}