Use of Project Management Software in Business Essay

Use of Project Management Software in Business Project Management is using the concepts of information technology in businesses to meet the requirements of a particular project. It depends on the process it needs to take to implement a project. The application of knowledge, skills, and tools and techniques is needed (http://www.asp.org/infoglossary/p). There are 3 main phases of project management, they are planning, scheduling and controlling. How the process is implemented is through different types of software applications used to efficiently and effectively run a business to save time, money and resources. A goal (project) is set, the project should be defined, and schedule out each task needed for completion, and identify†¦show more content†¦After this has been accomplished, a test run should be conducted to see if the configurations are the same as the old system. Too much complexity of information would only complicate the process and can lead to failure. What types of software are used by businesses? ACE Project is used by businesses to help manage multiple projects, multiple user managers, well organized tasks management tools, project statistics and reports, Gantt charts, calendar, employee timesheet tracking and approval, email notification, file attachments, user preference, discussion forum, and message center (Websystems Inc.) (http://www.aceproject.com/features.htm). This software has the functional business system that supports the process. It is software that integrates the aspects of accounting, finance, marketing, operations management, and human resource management. KM Project is used by businesses to help manage project office to align to strategies, managing portfolios for resource management, leading the project office to get due dates on projects that are ongoing, planning the project to build project teams, have communication plan, and have a world breakdown schedule, executing and controlling for change request log, risk management, project scheduling and time management, closing the project for searching knowledge base, looking for growth of theShow MoreRelatedDesigning A Project Management Software996 Words   |  4 PagesShould every building business invest in the latest integrated construction management software or are construction software solutions considered an unnecessary business expenditure? Innovative construction accounting software plays an important role and today the majority of companies organize, plan and estimate project costs using a project management software solution. 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