Understanding Project Management Software

Efficient project management requires more than good planning, it requires that relevant information be obtained, analyzed, and reviewed in a timely manner. This can provide early warning of pending problems and impact assessments on other activities, which can lead to alternate plans and management actions. Today, project managers have a large array of software available to help in the difficult task of tracking and controlling projects. While it is clear that even the most sophisticated software package is not a substitute for competent project leadership—and by itself does not identify or correct any task-related problems—it can be a terrific aid to the project manager in tracking the many interrelated variables and tasks that come into play with a project. Specific examples of these capabilities are:

• Project data summary: expenditure, timing, and activity

• Project management and business graphics capabilities

• Data management and reporting capabilities

• Critical path analysis

• Customized and standard reporting formats

• Multiproject tracking

• Subnetworking

• Early-warning systems

• On-line analysis of recovering alternatives

• Graphical presentation of cost, time, and activity data

• Resource planning and analysis

• Cost analysis, variance analysis

• Multiple calendars

• Resource leveling

Further, many of the more sophisticated software packages are now available for personal computers. This offers large and small companies many advantages ranging from true user interaction, to ready access and availability, to simpler and more user-friendly interfaces, to considerably lower software cost.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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