What is project management software? It is a computer program that is used by project managers to manage resources in any type of project. Project management software has the ability to assist project managers to plan, coordinate, and monitor project resources and then develop project resource estimates. The project management software allows project managers to make critical decisions about resources without the human intervention. It can be accessed from a computer at any point during the project or planned project time period.
There are two types of project management software. One of them is ERP based which provides reports on finished products and other relevant information to project managers on a monthly, quarterly, or yearly basis. On the other hand, there is another type of software which can be easily called an information system. Such software can be used to keep track of tasks, items, information, or data that need to be stored. Project planning, materials management, cost estimating, project tracking, and other such tasks can be efficiently completed using this software.
An ERP project management software provides project managers with project tracking, material management, planning, and scheduling as well as other relevant information. The main advantage of ERP software is that it helps project managers to analyze, plan, manage and control the projects. Other advantages include reducing project delays, cost, while improving quality of the project management tools. It also reduces project management costs by automating routine tasks such as invoicing, order processing, order monitoring, and material management. This software facilitates better communication between team members and managers.
In contrast, the task management software helps project team members to perform specific jobs efficiently. It also provides them with feedback on the jobs done by them and in addition, helps them to know their performance level. The project management software is capable of automating all the tasks involved in a project. It can be used to manage a large or small project with various number of project teams or individuals. The task management software also helps project managers in decision making process and improves overall organizational efficiency.
Project management software must be capable of presenting data in an easy and effective way. It should have the ability to collect, sort, store and present data in an appropriate and desired manner. Project managers should make use of project management tools such as project dashboard, gantt charts, impact analysis, and others for managing and analyzing project data. It should also allow easy comparison of data across project teams and projects. A good project management software also allows better collaboration and communication between project managers, stakeholders, business partners and other employees involved in the project.
One of these ways is by using project management apps (PM apps) available on the Android Market. PM apps are highly useful for project management. They allow you to view and track your project’s status including tasks, daily end-of-day jobs, failed tasks, cost, storage space used and much more. These project management apps provide timely and accurate information to the users. They are simple to use and manage data from anywhere.