Project Management Software: What It Does, How It Works

Project Management SoftwareProject management softwares are software programs that help companies in keeping track of a variety of tasks, helping them organizing, planning, managing tools and even developing estimates. Depending on your needs, you can also choose software that will aid in administration, documentation, quality management, decision making, communication, collaboration, resource allocation, budget management, costs control, scheduling, planning, estimation, and more.

The first software that could perform such tasks can be traced to DuPont Chemical during the 1950’s, when they worked with Remington Rand on a mainframe computer that could create the Critical Path Method of scheduling the network. The test occurred in 1958 and involved building a new chemical plant. Lockheed Aerospace along with the United States Navy collaborated to create a Project Review Technique using the IBM mainframe for the Polaris Missile program. Mini and mainframe computers were the only ones using project management software until computers started popping up in government and business areas during the 1980s.

One of the most popular project management software is used for scheduling. The software offers tools that allow the user or users to schedule such things as assigned dates, putting project activities in order and listing the resources needed to handle the project. Examples of some of the tools you will find with this type of software include critical path, resource assigning, resource leveling, estimate the time, simulate the probability of the project and of course the cost of the project.

In the majority of cases, this type of software will also provide information to different people so they can measure and rationalize how much work is needed in order to complete the project or task. In most cases, the information provided will include how long will it take to complete the project, show any risks that could occur or how the project was planned and scheduled, the best resources to use for the project, maintaining costs, work with customers and every member of the team, and last but not least communicate with said customers.

Leave a Reply

Your email address will not be published. Required fields are marked *