Hive Project Management – Know the 3 Key Benefits

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If you are looking to get into the digital coaching industry, it is important to first understand what Hive Project management is. This type of service helps businesses with their online presence and helps to keep track of all of the different tasks that need to be completed.

By understanding the ins and outs of the Hive Project management, you will be able to give your clients the best possible service.

What is the Hive Project?

Hive Project is a blockchain-powered platform that focuses on financial transparency and decentralization by using the tokenized economy. Its main goal is to break down barriers in the financial market and provide a comprehensive system for regulated crowdfunding. The platform is built on blockchain technology, which provides the highest level of security and scalability while keeping transaction fees very low.

Hive is a cloud-based project management platform that offers a variety of capabilities, including analytics tools, features for managing tasks and resources, and collaboration features.

It has every feature a platform for project management should have. It won’t be a problem for any company, no matter how big or little, to manage projects, allocate tasks, and monitor the output of their staff.

3 Key Benefits of Using Hive for Project Management

There are undoubtedly several advantages of Hive project management that stand out when compared to other project management solutions available on the market. They are:

1. Being able to view the progress of a project in real time and communicate with the team members. Hive is popular in the APAC region for project management and has a global database of prospects, vendors, and teammates.

This means that it is easy to find a good partner and create a contract with that particular person.

2. Project managers can create up to three dashboards using the Hive analytics tool, for example, to monitor KPIs like workspace productivity. The tool locates inefficiencies and bottlenecks in productivity and warns the project manager so they can take corrective action.

It’s like having a project assistant who can help you identify areas for improvement without you having to spend time looking through productivity reports yourself.

3. The environment for proofing and reviewing is another aspect I adored. For business plans and higher, there is a pay-to-add function that is quite worthwhile. Even video formats are permitted for the approvals workflow. 

You can develop content items and instantly push them for proofing. A single platform allows users to request, build, proof, and approve creative content. They also feature customizable request forms.

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How to Use Hive for Project Management?

Hive project management is a modern tool that is designed with project managers in mind. Even if you have never used a project management tool before, Hive is simple enough to use. Hive project management software is a notification center, task organizer, project plan maker, and builder, and it’s a place where your team can monitor what they need to measure and gauge your progress.

The start of your business journey may be simple if you are a startup or small business that has recently entered the market. However, as time passes, you’ll continue to expand your staff. 

Being in touch with them all will be more challenging given that you can’t monitor each other’s success at work. Hive makes it simple to set up a centrally located system of communication and collaboration so everyone can see what is occurring within the company, keep up with the most recent changes, and adapt their work to what is going on around them.

There are several excellent apps available for streamlining work. However, using various technologies for task, project, and collaboration management might be difficult. Thanks to Hive’s comprehensive features, you may have everything in one location and replace several apps with only one.

For teams working on multitasking, complex projects, Hive is a fantastic solution too. Hive’s capabilities allow you to rapidly organize every task and assign it to a variety of preferences, including assignee, date, budget, add files, etc. 

In addition, a variety of project layouts, like the Kanban view, Gantt chart, Calendar, and others, help you visualize your projects.

5 Tips for Getting the Most Out of Hive for Project Management

1. The messaging panel in the tool’s dashboard is connected to the message board on Hive. With the rest of your team, you may initiate private or group discussions here, @-mention people to let them know about something, and even reply to messages with emojis. Additionally, you may simply disable your notifications or set your status to “busy” if you don’t want to be bothered.

2. Hive centralizes all of your communications. As a result of the centralized communication capability, you can integrate existing communication tools like Slack, Skype, and Google Hangouts and use them all directly from the Hive dashboard. You may even use the extensive search capabilities of Hive to locate communication tidbits by recipient or keyword.

3. You can view and arrange your tasks in a variety of ways using Hive’s adaptable project management layout visuals. The standard alternatives, such as Gantt charts and Kanban boards, are available, but there is also an internal table, a portfolio view, and a calendar view. The status view also allows you to see which tasks have already been finished and which ones are still outstanding. The team view lets project managers quickly see how much work is scheduled for each team member.

4. The best features for remote teams or businesses that deal with many external stakeholders are proofing and approval systems. You can add a file to Hive and then ask the team member or stakeholder to approve it within the program rather than sending emails and attachments to your team for review and approval. A notification will appear in the member’s activity stream each time you send a team member a file to approve.

5. You can see a visual representation of each task you are working on or have been given using the summary view function. Each task’s name, due date, and status will be shown in this view along with information on the project. Project managers can see a team-wide project summary. Additionally, you may use the email option from the summary screen if you want to email the update to yourself, the rest of your team, or even clients to keep them informed.

Key Takeaways on Hive Project Management

• Hive Project Management is an open-source software platform that can transform any project management process.
• This platform has integrated analytics and reporting that provides insights into your project.
• With the help of these features, you can get more out of the project management process, save time and money, and increase the ROI of your project.
• Hive has a ton of options to check out, and the site is highly user-friendly. It is very functional and can help you and your coworkers manage projects and collaborate more quickly.
• Regardless of your role, Hive is a multi-use platform that has something to offer everyone. It is a fantastic alternative for handling your task even if your business doesn’t use it. It interacts quickly with any other programs you might already be using.

For more information on project management software and methodologies read our blogs.

For courses on project management and tools please check our course list.

Frequently Asked Questions About Hive Project Management

Simon Calder

Chris “Simon” Calder was working as a Project Manager in IT for one of Los Angeles’ most prestigious cultural institutions, LACMA.He taught himself to use Microsoft Project from a giant textbook and hated every moment of it. Online learning was in its infancy then, but he spotted an opportunity and made an online MS Project course - the rest, as they say, is history!