Project Management Software

Written by Linda Alexander
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What can project management software do for your business? In order to answer that, you need to decide what you want to improve. If the software ultimately makes more work for you, instead of saving time and increasing productivity, you don't want it! But for companies that do business on a per-project basis, software is usually an incredible aid to their productivity.

Types of Project Management Software

Project management software ranges from simple to complex, with prices ranging from $60 to over $20,000. The software is only as good as the project manager, so if you don't already know how to communicate clearly or assign tasks to the right individuals, it will not help you. But if you are already effective in your job, software can streamline your process, eliminating paperwork, and keeping you organized, within budget, and on time.

Evaluating your skills and the scope of the types of projects your company handles will help you choose the right software solution. So planning is key. Another helpful tip is to test software that offers a free trial. That way, before you spend any money, you will be able to eliminate programs that clearly do not meet your needs upfront.

One other aspect to consider before purchasing project management software is the type of data you want to track. For example, you might need to keep detailed records of expenses, or you could simply keep this information in a notebook if you only have two or three transactions. You will most likely want to keep track of the time spent on each task and who completed it, as well as an overall feel for the success of the project. Any PM software, no matter how simple, will be able to handle this for you.


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