What Is a Steering Committee in Project Management?

April 8, 2022 - 10 min read

Yuvika Iyer

Managing projects can be complex. Addressing dynamic business needs, prioritizing limited resources, and balancing team workloads can lead to many moving parts. Having high-level support and guidance can be a life-saver. That’s exactly what steering committees do.

Project management steering committees provide executive support and solve problems to ensure projects stay on track to meet their goals. But what is a steering committee? Let’s find out more about steering committees and how they can help in project management.

What is a steering committee?

A steering committee is a governing body of key stakeholders tasked with overseeing and supporting a project to ensure the attainment of its goals.

Project steering committees are commonly known as stakeholder boards, senior leadership teams, project working groups, or project oversight committees.

They oversee projects from start to finish and provide guidance and support throughout the project lifecycle.

Who is included in a steering committee?

A steering committee includes stakeholders and representatives from departments with a significant stake in the project’s success, including:

C-suite executives such as the Chief Financial Officer (CFO), Chief Technical Officer (CTO), or Chief Operating Officer (CEO)
Heads of the varied cross-functional teams such as IT, sales, product, marketing, legal, and finance
Subject matter experts from various internal departments
Senior employees with substantial project management expertise
Independent external representatives such as quality consultants, lead auditors, or representatives from other agencies or organizations

What is the purpose of a steering committee?

Project teams focus on daily project tasks and milestones. When project managers are present, why do projects need external steering? So, what is the purpose of a steering committee?

Research has found that steering committees are a widely popular, mature, and accepted IT management practice. More than 80% of IT companies have steering committees, and 69% make full use of them.

When companies establish steering committees, they mitigate risks, check budgets, resolve conflicts, and keep projects on track. That’s immense value considering all this advisory support happens above the regular project team operations.

Key roles and responsibilities of a steering committee

A steering committee is an advisory group helps project teams set direction, scope, goals, budgets, and timelines.

Here are the key roles and responsibilities of a steering committee in project management:

Advocate for existing and new project initiatives within the company
Provide counsel on project resource utilization, deadlines, staff hiring, and marketing needs
Guide the project team in accomplishing milestones according to the project plan
Determine overall project scope and strategic project direction
Finalize project monitoring KPIs to measure successful performance
Regulate incoming project requests, validate them, and approve or reject their inclusion in project plans
Identify the right staff, project managers, and subject matter experts to work on projects
Prioritize project milestones and pivot as required
Oversee project collaboration and resolve conflicts amongst teams
Brainstorm project strategy and innovative ideas to solve end-user problems
Review project progress and support in minimizing obstacles that can threaten project outcomes
Foster positive and timely communication about project progress to senior leadership, investors, and other relevant stakeholders

What should be included in a project steering committee charter?

Simply getting a group of people together and labeling them a steering committee will not work. They will need clear direction, an action plan, and the right resources to support project teams.

Creating a project steering committee charter can be helpful in this scenario. A steering committee charter is an actionable roadmap that defines the core vision, direction, and operations of the committee. It defines how the committee will work to support project teams and outlines its creation and operation.

Here is a list of items that should be included in a project steering committee charter:

The broad vision of the project and the core purpose of setting up the committee
The jurisdiction of the committee, whether it is for one project or a portfolio of projects
The authority of the committee and whether it will provide strategic direction or play an advisory role in the project
Committee formation rules, including the basic criteria for choosing members
Overall deliverables, including directives on committee decisions, opinions, and analysis

Creating a clear steering committee charter boosts its efficiency, minimizes conflicts, and sets the right expectations for all members.

How often should a steering committee meeting be held?

The duration and frequency of project management steering committee meetings depend on the complexity, size, and scope of the project. However, as a benchmark, the meetings should be held after specific project milestones so that progress can be clearly identified.

Randomly scheduling committee meetings for certain days in a month may not be quite helpful. For example, if the next project milestone is “Preparing the content creation calendar,” the forthcoming steering committee meeting should be held after that milestone is complete.

Doing this will also help you track progress from one meeting to another while ensuring optimal utilization of team and project resources.

How to prepare for your project steering committee meeting

Before the scheduled steering committee meeting, important information and documentation must be shared with all committee members, including:

Meeting agenda
Minutes of the previous steering committee meeting
Project progress report from the project manager

Certain team members should be responsible for generating steering committee meeting documentation and meeting schedule notifications.

The steering committee is formed with a chairperson who conducts the meeting as per the predetermined agenda. They also ensure all committee members share their perspectives and opinions on the matter at hand.

A basic meeting agenda would include:

Acknowledging the minutes of the previous steering committee meeting and sharing them with other committee members
Conducting an in-depth review of action items decided in past meetings
Tabling a report on the status of the project as submitted by the project manager
Holding a detailed discussion on any other matters of concern or project requests
Finalizing the date, time, and venue of the next project management steering committee meeting

Steering committee best practices for project success

Whether you’re holding your steering committee meeting online or in person, consider these steering committee best practices for project success:

Give the project team and committee members enough time to prepare.
Focus on the most relevant project KPIs and milestones and provide this to the committee members in a mutually-agreeable format — a presentation, report, or infographic.
Present accurate, contextual, and relevant project facts. Share any discrepancies or issues immediately, before they become bigger problems.
Schedule meetings well in advance and automate meeting notifications to go out both one week and one day in advance.
Ensure complete documentation of everything discussed in the meeting and circulate it to committee members before the next meeting.
Uphold the project charter and refer to it in case of any confusion in authority, responsibility, or strategic direction.

Steering committee examples

A software as a service (SaaS) company wants to create a new user interface to improve the core software’s usage and accessibility.

Project charter: Guide the creation, design, and testing of a new UI/UX interface for the software where the steering committee will:

Act as an advisor to the project team and share recommendations and suggestions
Review project status and provide broad oversight to ensure achievement of project outcomes
Prioritize project deliverables to ensure that the new user interface goes live on or before Quarter 4 of 2023

Project management steering committee: The steering committee will include subject matter experts and representatives from the below teams:

Sample project milestones can include:

Validate the product idea
Identify basic requirements
Outline the minimum viable product (MVP)
Determine the pricing model, strategy, and market
Describe the technical specifications that must be built
Bring together the development team
Finalize the project budget and KPIs to measure success
Organize the entire project management workflow

Steering committee meetings can be held at the project launch, then scheduled just after the completion of each individual milestone to regularly take stock of project progress.

What common challenges do steering committees face?

Since project management steering committees are made up of employees from different backgrounds and functions, they will almost always face some challenges. These can include:

Conflicting interests: As the committee contains cross-functional representatives, they will often have conflicting opinions and interests. People think differently, which can reflect in their behavior, actions, and perspectives.
Slow decision-making: Team decision-making tends to be slower compared to individual decision-making.
Lack of clarity in roles: Many committee members may not be aware of their individual or team responsibilities. A well-defined steering committee charter ensures transparency and clarity about their roles in the project.

Steering committee vs. working group

Steering committees and working groups may sound similar, but they are different in their formation and approach. Steering committees can exist for many years, as they are established for a specific project’s duration or to oversee a project portfolio.

Project management committees operate within the scope of their project charter. They do not act independently from the project. While the committee members may change with time and project scope, the broader purpose and goals of the committee remain unchanged.

A working group is a short-term subset of a steering committee formed to work on a specific task, domain, or project. A working group is also known as a workgroup.

Certain individuals may be included in workgroups due to their expertise, experience, or domain knowledge. However, they do not automatically become members of the steering committee by virtue of being a member of its working group.

How to form a project management steering committee with Wrike

A steering committee is focused on the project’s success. Finding the right project management software and tools is crucial to keeping your committee on the same page. Wrike centralizes communication on one platform, providing a single source of truth for your project. Reports are updated in real-time, meaning the latest information is always available for team members and steering committee stakeholders alike.

Get a free Wrike trial to set up a steering committee, define its charter, and track progress to achieve project goals.

Yuvika Iyer

Yuvika is a freelance writer who specializes in recruitment and resume writing.

#Project Managers #Stakeholder Management

Project Management 7 min read

A Quick Guide to The Linear Scheduling Method

A linear schedule is a project management tool used to present a schedule in two dimensions, such as time and distance. This is normally used for projects with linear construction properties or repetitive tasks, such as the construction of roads, bridges, and railways. In this article, we will explain what the linear scheduling method is, how it benefits projects, and how to execute it. Keep reading to discover linear scheduling examples and tools you can use to perfect your next project plans. Linear scheduling method explained The linear scheduling method is a process for developing project schedules that take into account the various elements of a work that are linear, continuous, or repeated. Most commonly used in construction management and engineering, the quantity of work performed on a project is used to determine the duration of a work relationship and the work rates for each crew member. Although the term “linear scheduling” is often used to describe the steps involved in preparing linear schedules, it can also be referred to as the development of a graphical representation of a project schedule. You may also hear the linear scheduling method referred to as “time chainage” or “line-of-balance”. The various elements of the linear schedule are represented on a grid with coordinates that define when and where the work begins and finishes. A range of display methods is also used to present the varying activities in different formats. What benefits does a linear schedule provide to a project manager? The linear scheduling method is simple. Not only is it easier to read, but it’s also easier to organize. It’s helpful for communication. Contractors, stakeholders, and clients can understand your project plans from this information alone. It covers everything they need to know about what’s needed, where and when the work will take place, and how productive the work will be. Linear scheduling mitigates risk. Project managers can easily monitor and report on the various activities that occurred during the execution phase. Even if unforeseen circumstances happen during the execution phase, this can be easily revisited to improve the project's productivity using this method. It’s flexible. The time-location chart is useful for extending project benchmarks as needed because it provides a list of the factors that can affect the project's schedule, so you know what to expect. The linear scheduling method helps inform decision-making. This method helps the project manager identify and take action on the lapses that occurred during past projects. It also helps with preventing them from happening again. It uncovers task dependencies. A time-location diagram is a great tool to visualize the various interrelated activities in a project. It can help you understand the sequence of activities and their importance. For example, in construction, the arrival of material at a site may cause delays in the mobilization of heavy equipment, resulting in costly downtime if not forecasted. Which industries use linear scheduling? Linear scheduling is most commonly used in the construction industry for straightforward projects such as standard pipelines, highways, and railroads. However, any industry with projects that have linear continuous and repetitive tasks can take advantage of this method. It’s also effective for managing compliance and continuity across repeat projects. Linear scheduling method in construction management For construction management, this method involves repeatedly running a set of projects in each location for the duration of the work. Some examples of prominent projects that use this method include highway construction and airport runway projects. One of the most important factors involved in planning a linear construction project is ensuring that the work of the crew does not interfere with the activities of other workers. It’s important to note that traditional planning and scheduling techniques commonly used for linear construction projects do not account for the various factors that affect the planning and scheduling of such projects. Other methods, such as line-of-balance and vertical production methods, are often used to improve the planning and scheduling techniques for linear construction projects. Linear scheduling examples Tunnel construction with the linear scheduling method [caption id="attachment_471943" align="aligncenter" width="772"] Source: James Wonneberg, PE, CCM via Slideshare[/caption] The x-axis depicts the location between the two main construction points of this project. The y-axis represents the time period over which the work will take place. Project phases are color-coded in orange, blue, green, and red for easier interpretation. Notice how each of the tasks is associated with location and time. For example, during Q2 of 2017, tunnel site 10+00 will be prepped. Then, in Q3 of 2017, tunnel site 10+00 will be constructed while tunnel site 110+00 is prepped. Not only is this easy to understand at a glance, but it also gives individual team leaders a solid understanding of expectations, deadlines, and tasks that need to be completed by their group. Building a road with the linear scheduling method [caption id="attachment_471949" align="aligncenter" width="801"] Source: Columbia University[/caption] In this linear scheduling method example, “A” represents the beginning of the road, and “E” represents the end of the road. The lettered segments each represent a different section of the road that will be built in order. The numbered bars correspond with a different repetitive process associated with this example road’s construction, such as prepping the site and pouring concrete. As you can see, each road segment will repeat the same set of repetitive tasks. After tasks one and two are completed on road section A, section B begins the same list, and the pattern continues onward. This super simplistic model may need a corresponding document to explain the task lists and locations, but it does visualize the big-picture aspects of the project while also being actionable. Why choose Wrike as your linear scheduling software? Wrike is a project management tool designed to streamline repetitive tasks and maximize productivity. Once you have your linear schedule in place, you can effectively execute it with Wrike using our Recurrent Tasks, Project Schedule Template, and Automation Engine features. With Recurrent Tasks, project managers can easily create and duplicate tasks assignments complete with estimated timelines, important details, and assigned team members or approvers. And when you opt for recurrent tasks to be created monthly or yearly on a specific day of the month, you can choose to automatically reschedule the task if this day turns out to be a weekend which saves time you would spend combing through calendars to triple check dates. In Wrike, the Project Schedule Template gives managers the ability to duplicate project plans from previous engagements. Not only does this save time, but it also ensures that projects remain compliant. And if you need to customize any of the details, Wrike makes it easy to do so. And finally, Wrike’s Automation Engine automatically updates and simplifies processes. It works seamlessly with existing rules to enable users to easily modify and streamline their actions. It also notifies when project obstacles appear and manages your team's timeline with custom reminders and notifications about overdue tasks, task dependencies, and when it’s time to move on to the next step. Ready to maximize the power of the linear scheduling method? Get started with Wrike’s two-week free trial.

Project Management 7 min read

Risk vs Issue: Everything You Need to Know

Whether you realize it or not, we make risk vs. issue calculations all day long. Let’s consider one issue: You’re running late for work. Why not drive through that red light? Well, because of the risk: Getting pulled over by police, or worse, putting peoples’ lives in danger. So, you wait out the red light. That’s an easy one. Managing risk vs. issue in project management isn’t always so cut-and-dry. But understanding the difference between risk and issue does boost the chances that your project will be a success. Here’s what you’ll need to know to navigate the world of risks and issues in complex projects. Risk vs. issue: What’s the difference? An issue is an obstacle or challenge that’s already present. A risk is a potential obstacle that may arise in the future but doesn’t necessarily have to. It might sound as if issues are always greater challenges than risks. But the two can vary wildly in terms of degrees. For example, a broken pinky toe is a manageable medical issue. But ignoring a medical risk like a clogged artery can be far more serious. As a project manager, your job is to evaluate both, so you never lose the patient (or the project). Why is it important to note the difference between a risk and an issue? Effective risk analysis hinges on estimating the potential pitfalls in running your project. Ideally, the planning phase will tackle them in reverse: You’ll try to lower the risks at the outset to avoid them becoming full-blown issues. But you’ll need plans for both. To make your own complicated project run smoothly, you need to start backward. Think about the biggest risks with your team and develop plans for them. Run a risk assessment before the initial phases. Remember the old adage that “an ounce of prevention is worth more than a pound of cure.” This is all the more important when launching a complex project. Risk vs. issue examples in project management Still feeling a little confused? Let’s take a look at a couple of examples of risk vs. issue in project management. Boeing’s 787 Dreamliner: Risk complexity leading to inevitable issues Consider the problems with the unveiling of Boeing’s 787 Dreamliner. It was “a more complicated airplane, with newer ideas, new features, new systems, new technologies,” according to a Boeing engineer. From the outset, this complexity made it difficult to foresee specific issues. But given the novelty of the project, some risks were already present. After several delays — and an additional $10 billion in budgeting — Boeing eventually “outran our ability to manage it effectively,” according to a release from the company. It’s tempting to look at this risk vs. issue example from the outside and imagine that it was an unlucky project with too many issues. But Boeing’s ambitions meant higher levels of risks. Without enough risk management, project issues become inevitable. Bank of America: When risks prove more intense issues than you imagined In 2011, Bank of America rolled out a new pricing initiative: $5 per month for customers to get access to debit funds. Bank of America anticipated some customer blowback — after all, that’s common whenever prices go up. But customer reaction was far more intense than Bank of America imagined. One customer started “Bank Transfer Day” on Facebook to protest the fees. Customers moved their money out of their Bank of America accounts in droves. Efforts like these had enough impact that the brand was eventually forced to back down on its new fees. In this case, it wasn’t that Bank of America hadn’t adequately foreseen the risk. They simply hadn’t imagined the risk would manifest as such an intense issue during the rollout phase. Had they spotted this issue earlier, the launch may have played out differently. Issue log vs. risk register: what is the difference? In project management, leaders typically turn to two tools to manage these variables. For risk, they turn to risk registers. This register lists the various risks along with their probabilities and potential timing hazards. (Note: A risk matrix is another effective tool for weighing and predicting risks.) For issues currently affecting the project, an issue log is simply a list of the current problems a team member needs to solve. In one research paper, project manager N.K. Shrivastava says that when a risk manifests as an issue, he makes two key changes: Adding the issue to the issue log to assign it to the relevant team member Flagging the risk in the risk register for better project planning in the future, especially noting which risks were most likely to manifest as issues By flagging the risks that become issues, Shrivastava also grows as a project manager. He learns which issues to spot in potential future projects, making him better at risk assessment for future work. One key difference here: A risk register can be a list of potential obstacles that you create at the outset, while an issue log is only a list of real obstacles. One is essentially in the future tense, while the other is in the present or past tense. How to use Wrike for managing risks and issues In project management, risks are everywhere. There are so many, in fact, that there are even positive risks: unforeseen events that help your project along. Wrike can help you get started with risk assessment by providing the information and templates you need to begin your evaluation. The key is in using previous risks to inform your future work. If you’re starting your first project, use Wrike’s risk assessment templates to better predict, record, and measure the risks associated with your first project. With any luck, your analysis at the outset will help you minimize issues along the way, so you can get to the project wrap-up celebration on time and on budget. Ready to foresee risks, manage issues, and have a more successful project? Start your free trial of Wrike today.

Project Management 10 min read

Inventory Management: Definition, Benefits, and Techniques

Businesses that effectively use inventory management are destined to succeed. With the help of inventory management software, companies can automate the process of ordering, storing, and optimizing their goods in a single place. In this article, we will expand on the importance of inventory management, as well as the different inventory management techniques, benefits, and examples managers need to know. Keep reading to learn the key to inventory management that will give you a competitive edge. What is inventory management? Inventory management refers to the process of storing, ordering, and selling of goods and services. The discipline also involves the management of various supplies and processes. One of the most critical aspects of inventory management is managing the flow of raw materials from their procurement to finished products. The goal is to minimize overstocks and improve efficiency so that projects can stay on time and within budget. The proper inventory management technique for a particular industry can vary depending on the size of the company and the number of products needed. For instance, an oil depot can store a huge inventory for a long time. Or for businesses that deal in perishable goods, such as fast-fashion items, keeping on top of your inventory can be very costly. One way to account for inventory is by grouping it into four categories: first-in-first-out, last-in-first-out, weighted-average, and first-in-first-out. Raw materials are the components used by a company to make its finished products. Depending on the type of company that it is dealing with, different inventory management methods are used. Some of these include JIT, material requirement planning, and days sales of inventory. Other methods of analyzing inventory can also be used depending on national and local regulations. For instance, the SEC requires public companies to report the existence of a so-called LIFO reserve. Having frequent inventory write-offs can be a red flag that a company is struggling to sell its finished products or is prone to inventory obsolescence. Learn even more about inventory management from Walton College’s Supply Chain Management program’s introduction on the subject covering everything from forecasting to point models: Why is inventory management important? One of the most valuable assets of a company is its inventory. In various industries, such as retail, food services, and manufacturing, a lack of inventory can have detrimental effects. Aside from being a liability, inventory can also be considered a risk. It can be prone to theft, damage, and spoilage. Having a large inventory can also lead to a reduction in sales. Both for small businesses and big corporations, having a proper inventory management system is very important for any business. It can help you keep track of all your supplies and determine the exact prices. It can also help you manage sudden changes in demand without sacrificing customer experience or product quality. This is especially important for brands looking to become a more customer-centric organization. Balancing the risks of overstocks and shortages is an especially challenging process for companies with complex supply chains. A company's inventory is typically a current asset that it plans to sell within a year. It must be measured and counted regularly to be considered a current asset. What is the goal of inventory management? The goal of any good inventory management system is to help warehouse managers keep track of the stock levels of their products. This means allowing them full transparency into their chain to monitor the flow of goods from their supplier. The benefits are both operational and financial. Not only will it serve to improve performance, but it’s also useful for preventing theft with the help of product tracking and security. Managers can also aim to use their inventory management plan to monitor sales procedures which leads to better service. Inventory management is especially useful for businesses that want to effectively manage seasonal items or new bestsellers throughout the year without disrupting the rest of their chain. Benefits of inventory management The main benefit of inventory management is resource efficiency. The goal of inventory control is to prevent the accumulation of dead stocks that are not being used. Doing so can help prevent the company from wasting its resources and space. Inventory management is also known to help: Order and time supply shipments correctly Prevent theft or loss of product Manage seasonal items throughout the year Deal with sudden demand or market changes Ensure maximum resource efficiency through cycle counting Improve sales strategies using real-life data Inventory management system examples Although inventory management can change from industry to industry, there are some big-picture themes worth learning about. Here are three major retail categories with real inventory management system examples: Grocery store chains Modern groceries have managed to manage inventory coming in from different suppliers all over the world. Giving consumers several different types of internationally-grown produce in both organic and non-organic varieties at an affordable price, even when the fruits and vegetables aren’t in season, is a modern marvel thanks in part to inventory management. Overseeing stock in real time and even setting up automated replenishment systems is mission-critical to many. Online retailers On average, Amazon ships approximately 1.6 million packages from their brand to third-party sellers per day. Their Smart Warehouse uses robot and human help to get the job done, but it’s inventory management that keeps it all rolling. According to Tech Vision, “Amazon’s management technique, along with all that automation, have made the business astonishingly lean and mean by historic standards.” Toilet paper companies The inventory management of toilet paper companies was in the hot seat in early 2020 as panic-buying led to shortages nationwide. As demand outgrew supply beyond anything the brands had seen before (about 845%), it’s no surprise why there has been an increased focus on inventory management since. Their secrets to overcoming this unprecedented event? Temporarily narrowing down their portfolio of products, sending out “defective” yet functional rolls, and even transitioning to a direct-to-consumer model, all with the help of strong inventory management systems. Steps and types of inventory management Most product inventory management systems follow the same basic steps for finished products: Products arrive at your warehouse Products are checked and stored Managers or crew update inventory levels Customers place an order Customer orders are approved based on inventory Products are pulled and packaged Inventory levels are updated again This process is fairly straightforward and often involves help from software. There may be variations depending on what type of inventory management you are doing. Here are the main types you should know: Raw materials This refers to pieces of your product that need to be shipped to you and assembled by your team. Inventory systems that track these must account for supplier timelines. In progress Products made from raw materials and are currently being assembled or grouped fall under this category. This stage of inventory management may have one or several active projects at a time. Repair Scheduled maintenance, updates, and refurbished goods all count toward this segment. Repairs may be handled in-house or in collaboration with a third party. Finished goods Any good that is ready to ship to businesses or consumers is considered finished. These need to be updated regularly and constantly monitored to meet demand. Inventory management techniques Without accurate inventory information, it can be very difficult to make decisions that affect your business. There are two main methods of keeping track of inventory: periodic and perpetual. The main difference between these is how often data is updated. Regardless of how often you track inventory, you may want to use one of the following inventory management techniques: ABC Analysis ABC (Always Better Control) Analysis is inventory management that separates various items into three categories based on pricing and is separated into groups A, B, or C. The A category is usually the most expensive one. The items in the B category are relatively cheaper compared to the A category. And the C category has the cheapest products of all three. EOQ Model Economic Order Quantity is a technique utilized for planning and ordering an order quantity. It involves making a decision regarding the amount of inventory that should be placed in stock at any given time. The order will be re-ordered once the minimum order has been reached. FSN Method This method of inventory control refers to the process of keeping track of all the items of inventory that are not used frequently or are not required all the time. They are then categorized into three different categories: fast-moving inventory, slow-moving inventory, and non-moving inventory. JIT Method Just In Time inventory control is a process utilized by manufacturers to control their inventory levels. This method saves them money by not storing and insuring their excess inventory. However, it is very risky since it can lead to stock out and increase costs. Minimum Safety Stocks The minimum safety stock refers to the level of inventory that an organization maintains to avoid a possible stock-out. MRP Method Material Requirements Planning is a process utilized by manufacturers to control the inventory by planning the order of the goods based on the sales forecast. The order is usually based on the data collected by the system. VED Analysis VED is a technique utilized by organizations to control their inventory. It mainly pertains to the management of vital and desirable spare parts. The high level of inventory that is required for production usually justifies the low inventory for those parts. How to improve inventory management with Wrike One of the most critical factors that a company should consider is the accuracy of the information presented in its inventory databases. The data should be updated regularly to prevent it from getting distorted. Wrike is a project management solution that can help you do exactly that. With Wrike's product management tools, you can manage all of your product team's activities in one place and get the most out of every project. Wrike's product launch automation helps accelerate product launches with a streamlined approach. Managers can easily keep inventory and shipping processes in check by planning and allocating tasks to the right people all from one central dashboard. Wrike also makes it possible to create workflows that keep everyone up-to-date with the latest inventory progress. Tools like interactive charts and task dependencies help team members at every level identify and prevent delays. You can communicate with both vendors and clients through the advanced CRM built directly into the platform. Plus, Wrike's advanced insights tools allow you to track progress in real time, which is important for any successful inventory management strategy. Why choose Wrike as your inventory management software? Wrike is a project management solution that makes it possible to achieve all your inventory management goals while also maximizing the benefits of the process. Regardless of which inventory management technique you use, Wrike can help you take the process step by step to ensure your inventory is always accurate regardless of what type you’re managing. Improve your inventory management plan today with Wrike’s two-week free trial.

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What Is a Steering Committee in Project Management?

What is a steering committee?

Who is included in a steering committee?

What is the purpose of a steering committee?

Key roles and responsibilities of a steering committee

What should be included in a project steering committee charter?

How often should a steering committee meeting be held?

How to prepare for your project steering committee meeting

Steering committee best practices for project success

Steering committee examples

What common challenges do steering committees face?

Steering committee vs. working group

How to form a project management steering committee with Wrike

Yuvika Iyer

What Is a Steering Committee in Project Management?

What is a steering committee?

Who is included in a steering committee?

What is the purpose of a steering committee?

Key roles and responsibilities of a steering committee

What should be included in a project steering committee charter?

How often should a steering committee meeting be held?

How to prepare for your project steering committee meeting

Steering committee best practices for project success

Steering committee examples

What common challenges do steering committees face?

Steering committee vs. working group

How to form a project management steering committee with Wrike

Yuvika Iyer

Related articles

A Quick Guide to The Linear Scheduling Method

Risk vs Issue: Everything You Need to Know

Inventory Management: Definition, Benefits, and Techniques

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