The work from home is the common word we hear these days. The outbreak of Covid-19 has caused all these situations. When the situation went out of hands, all the states have started to lock their countries. It prevented free moments of people from countries to countries and to worsen the situation many places you are not allowed to leave your home.
Now the work from the home situation becomes inevitable. And the project also teams not an exception from this. Some of the companies are observing this is the best way to approach. Because in the long run, it might prove easy to do cost management.
- Project Cost management
The important thing in any of the activities is money. And the same applies to project teams as well. Everybody knows the pain of work from home, but it is the only option left for running the project. But do you do work from home makes it easier for cost management?
Yes, the companies must invest in providing the necessary infrastructure to project teams to work from home. It initially, without a doubt, not cost-friendly. But it will become more economical in the long run as it saves them money that needed to provide the transportation allowance, maintaining the workplace and other workplace-related costs.
- Work from home is not new!
For many companies, work from home is not a new phenomenon. Some small project managers are allowing their team to work from home since it is easy from the perspective of cost management. And many other big players also fixed certain days of compulsory work from home for its employees.
Even we have many project managers; they handle their team remotely in the usual days. It mainly saves the time needed to commute between the places, especially in the cities where a traffic jam is ordinary. They can spend those time on other things to run the project effectively.
Let us look into the benefits and drawbacks of work from home options.
The key benefits of work from home options are as follows.
- Saves time and money
providing the option of working from home not only helps a project manager to do the cost management effectively, but it also helps employees. Most importantly, they can save the time which will go lost in transporting between office and home, and the money required for commuting also will be saved.
- Work Flexibility
If you work from home except attending the meeting and other stuff, you can able to work at your convenience. This flexibility will not be available in most of the projects. And with the saving of commuting time, it becomes more advantageous.
Now let us look at the main drawbacks of work from home.
- Difficult to monitor the progress. This monitoring problem becomes more if you have a large team.
- Technical problems – The problem such as power failure network failure in one or other areas will happen if you continue to do WFH regularly. If it occurs during a crucial time, then it becomes a headache for project management.
- Interruptions from family.
To sum up, work from home helps for effective cost management, but it also has some drawbacks. However, after witnessing the Covid-19 situation, all project leads are compelled to work from home, and many are planning to work at least some days remotely in a month.Featured Photo by Matthew Henry from Burst