Types of Project Management Software

2007-03-08 10:33:40

( Computers )



Project management software like all other applications comes in different levels of complexity and sophistication. However, project management software is not a miracle worker. It will not teach you project management skills. It will just simplify a lot of the tasks done by the project manager.

In choosing project management software, you have to define your company’s needs and future expectations. You have to use a project management tool that is appropriate for you and your organization. You can start this by defining the types of projects and environment you currently work in.

The simplest type of project management software aids you in planning and scheduling only. Most project managers who work in smaller projects do not need to track work estimates or resource capacity or conflict. Online project management software can be more convenient also for these types of projects. On the other hand, if your company is just taking off and is planning to handle more complicated projects in the future, it may be a good idea to purchase mid-level software so you can learn and familiarize yourselves with the software’s capabilities.

For cross-functional projects, mid-level project management software may be appropriate. Unlike the simple ones, this type of project management software also keeps track of your budget. It keeps track of your project costs and travel expenses. It keeps track of external customers and vendors as well. Because project managers require a more sophisticated application, this software should also be capable of tuning as well as tracking resource level capability.

Project portfolio management software is the most sophisticated of the lot. This application is mostly being used by project managers in charge of multiple projects and is operating in an environment where resource availability is being tracked across all projects. Besides the other features mentioned, this type of application provides consistent and accurate information across all active projects so that project managers can make good decisions regarding prioritization, resource allocation and detailed project budgets.


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