Project Management Software is becoming essential to the organization and to the implementation of business activities. Depending on the software’s sophistication, it can manage planning and monitoring of activities, cost containment as well as distribution as well as controlling the stream of information. These versatile tools are adapted to the needs of small and large businesses, and are often complementary of CRM and integrated management package.
It is one of the principal functionality of Project Management Software that is really a time management tool in the first place: it allows the division of projects into several steps, spreading out and coordinating tasks attributed to each team as well as fixing a time table of implementation and deadlines. According to the number of persons engaged in a project, planning is more or less complex, but these tools must permit to:
Time management, human resources, and personnel are very well interlinked to the aspects of project’s financial management. Project Management software is supposed to allow the finalization of the entire project within the time limit corresponding to the allocated budget thereto. On the other hand, the tool does not replace the remarks relative to the organizational constraints that strongly determine the implementation of a project: roles and functions precisely attributed to the workers, respecting the implementation specifications, software tool training (particularly if it integrates a working component).
Project management software permits the supplying of information at different levels (shared or not) to the members of a project --managers and/or workers--. Amongst others:
During your analysis, we recommend that you concentrate on the following components:
In a more general way, one can classify the evaluation criteria in 2 groups: General functional criteria (conventional functions: gantt, timesheet, task list...) and more subjective criteria that are directly correlated with your daily operations. Setting in place a project management tool will most likely have a direct influence on the entire production, and thus, on the entire business. Taking the right decisions from the beginning of the selection and implementation process is therefore critical.
The following articles & resources are available for Project Management software
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