Although there are certain differences and formats to choose from, it’s constant and main purpose is the following: smoothly enable the planning and tracking of tasks and main objectives within a project, while keeping in sight the resources and stakeholders. What are the main functions of Project Management Software?Ī PM Software is used in several different industries and market segments, and there are a variety of options to choose from. Regardless of whether the Project Management Software is based on Gannt’s Chart, Kanban, a scrum, agile, or waterfall methodologie, the important aspect when researching this tool is to check its main functions, and see if they are best suited for the scope and type of work. It’s been a long time since the appearance of the Gantt Chart in the 1910’s and it’s basis are still relevant today, Project Management Softwares often have a Gantt Chart feature, but the best of the best incorporate it’s principals with an user friendly interface. Labor becomes more service-based, complex projects become the norm, and teams are each day more collaborative. Technology has come a long way and it is only natural that new softwares and disciplines emerge as the market demands more out of the workforce. Depending on the finesse of the software, it could even improve the PM’s decision making abilities: allowing for a crystal clear view of the whole picture, thus helping to identify the elements of the workflow that are not up to functionality, what causes the creation of bottlenecks, and even whether or not the pricing is accurate.

These types of tools help with a wide range of PM intricacies in a clear and simple way, like managing resources, both human and monetary, and task management. What are the key components of this type of tool?Ī PM software allows you to centralize the scheduling, project planning, cost control, budgeting, real-time team communication and collaboration of a certain project. What is a Project Management Software?Ī project management software is an absolute necessity in today’s world, even before the spread of covid-19. There are many techniques and methodologies to project management, but be it the traditional, the waterfall, the agile or the lean model, there are some structures in this discipline that are guaranteed.

The main difference with regular management is that the project management has deliverables that depend on time, budgets and work scopes. Project management is the utilization of data, skills, technological tools, and scheduling techniques to project activities or tasks in order to plan, initiate, execute, monitor and close a project.

Types of project planning tools