Leading Successful Projects - For Accounting and Bookkeeping firms

Leading Successful Projects - For Accounting and Bookkeeping firms

Leading Successful Projects - For Accounting and Bookkeeping firms


Project management is a client-focused initiative that can help your firm provide the desired result to your clients. It allows your firm to effectively plan and manage its resources, while still delivering work to clients in a timely manner, therefore, building trust, demonstrating value, and creating a positive experience for both your teams and your clients. Well-implemented project management provides your firm with a unique competitive edge by defining success through the same lens as your clients. This includes calculating profitability from the time the work started, not just when it finished—via timesheets and other means. Project management can provide real-time metrics about each engagement and measure expenses for budgeting and reporting purposes, so all these numbers are clearer than ever before.


Leading a team for project management 

In order to lead a team effectively in project management, it is important to remember a few key points. 

First, it is essential to be able to communicate the vision and goal for the project to the team. Without buy-in from the team, it will be difficult to get them on board with the project. 

Second, it is important to delegate tasks and objectives to individuals within the team. This will help keep everyone accountable and on track. Furthermore, effective leaders in project management make sure to check in with their team regularly to ensure that everyone is still on track and that there are no roadblocks. 

Finally, one of the most important aspects of leading a team in project management is being able to adjust the plan as needed. Things will inevitably come up that were not anticipated, so it is important to be flexible and adaptable in order to keep the project on track.


Effectively collaborate with your clients

Project management is all about working with your clients to ensure that the project is completed successfully. There are a few key things to keep in mind when working with your clients:

  • Communication is key. Make sure that you are communicating with your clients regularly and keeping them updated on the status of the project.
  • Set expectations. Be clear from the start about what you expect from your clients in terms of their involvement and input. This will help to avoid any confusion or misunderstandings down the line.
  • Be flexible. Things rarely go according to plan, so it's important to be flexible and be able to adjust as required. This includes being willing to make changes to the scope of the project if necessary. However, remain mindful of scope creep, which is when the original goals of a project start to get fuzzy and people start adding on more and more tasks.
  • Keep everyone informed. In addition to regular communication with your clients, make sure that all other stakeholders are kept up-to-date on the progress of the project. This includes team members, upper management, etc.
  • Have a plan B . Always have a contingency plan in place in case something goes wrong. This way you'll be prepared for any eventuality and can keep the project on track even if there are setbacks along the way.

By following these tips, you can ensure that you will be able to work successfully with your clients and lead your team to a successful project management outcome. 


Defining Success for your Projects

If you're looking to measure the success of your team's work on a project, there are a few key indicators you can keep an eye on. First, consider whether the project was completed on time and within budget. Secondly, take into account how well the team worked together and communicated throughout the duration of the project. Finally, evaluate how satisfied stakeholders were with the final outcome of the project. By tracking these factors, you can get a good sense of how successful your team was in meeting the goals of the project.


Planning for Success

One of the most important things for a successful project manager is to have a clear and concise plan. This includes creating checklists and tools to help you track your progress and keep your team on track.

Have you ever heard the saying "Success doesn't happen by mistake. It happens by intention"? Well, this is true for project success as well. Before you launch a project, it's critical to plan for its success. This means thinking through every aspect of the project in advance, from start to finish. To help you do this, we've created a checklist of all the factors you need to consider when planning your next project.

  1. Define your goals and objectives. What are you trying to achieve with this project? What are your specific goals? Write them down and make sure everyone involved knows what they are.
  2. Identify your audience. Who will be affected by or interested in this project? How will you reach them?
  3. Create a timeline. When does this project need to be completed? What are the deadlines for each phase? Make sure you allow enough time for each task and build in some buffer time in case things go wrong.
  4. Build a budget. How much money do you have to work with? What are your estimated costs for each part of the project? Track your spending throughout the project so you stay on track.
  5. Assemble your team. Who will be working on this project with you? Make sure you have the right mix of skills and personalities to get the job done efficiently and effectively.
  6. Develop a communication plan. How will everyone involved stay up-to-date on the latest developments? Who is responsible for what tasks? Set up regular check-ins so everyone knows what's going on and no one falls behind schedule.

Using technology in the PM process

Technology has drastically changed the landscape of how businesses operate. In order to stay competitive, organizations must embrace digital transformation and enable their people with the right tools to do their jobs more effectively. The project management process is no different.

The first step in successfully using technology in your project management process is understanding what tools are available and how they can help you. There are a number of project management software programs on the market, and each has its own strengths and weaknesses. Choose a program that will work best for your particular needs. Once you have selected a software program, use it to its fullest potential. 

Utilize all of the features that are available to you, such as task lists, calendars, and resource management tools. These features will help you to keep track of your project and ensure that it is completed on time and within budget. In addition to using project management software, there are a number of other ways that you can use technology to improve your project management process. For example, make use of online collaboration tools to allow team members and clients to work together on tasks from anywhere in the world. You can also utilize video conferencing tools, such as that embedded in the Digital Practice practice management software, to conduct virtual meetings with clients or team members who are located in different areas. By utilizing all of the tools and resources that are available to you, you can streamline your project management process and ensure that all projects are completed successfully.



In conclusion, as an accounting or bookkeeping firm, you know that engagements are the lifeblood of your business. Without successful engagements, you wouldn't be able to serve your clients and grow your business. That's why it's so important to understand how to lead successful engagements. By following the tips in this article, you'll be well on your way to leading successful engagements with your clients. Remember, the key is communication, being prepared, always putting your client's best interests first - and implementing the right technology to help you with these. If you can do these things, you'll be sure to gear yourself up for success!