The new SharePoint 2013, is integrated with multifarious functionality. Adding new dimensions to its infrastructure, this new version is made more efficient and effective in handling critical business processes. The three primary facets of management, Time, Cost and Risk can be taken care through this application productively.
By using applications this latest version, time can be utilized more efficiently and hence delivering high performance. It reduces the time required to manage a critical business infrastructure through rapid coordination of various operational units. Above this generalized concept, specific applications such as Calender and Time Sheets could add much more to the management factor. The time sheets provide a centralized framework for operation schedules of employees. The Calendar is another useful tool to that can be used for optimized performance. Group calendars can be used by multiple users easily. They can be customized easily in SharePoint with multiple features.
It is a common though for many entrepreneurs that the cost of a project could be manage one way or the either. There are many approaches that can be applied for managing cost. However, the problem arises in the diversity of project requirements and hence a diversity of management strategy. Microsoft SharePoint provides a fundamental approach to cost management. Using this platform, a bulk of the investment amount can be saved. The infrastructure cost can be reduced considerably by integrating this with Office 365. The cloud service is of special mention in reducing infrastructure cost. The paramount task is to adopt SharePoint with Cloud services. The App Hosting platform of SharePoint 2013 is a compelling platform that reduces infrastructure cost. On the other hand, as operations can be rapidly processed, it saves resources and hence reduces cost of implementation.
Risk management is a proactive practice to handle any probable risk and issues that might arise on a project implementation and life cycle. The project server of SharePoint provides an interface to visualize the risk data. However, it cannot predict anything for the future, all it does is enable you to keep track of the number of risk, that assigned or reassigned to individuals. It provides an effective insight to risk data and manage them accordingly. Microsoft has provided rich details of risk management using SharePoint.