With a project management software, project managers and team leads can better understand how organizations and teams are pacing, and help keep teams on the same page.Īlongside the recent shift to remote and hybrid work, teams without a project management software have struggled to keep tabs of all remote work and project updates, as we can no longer rely on in-person meetings to relay information. Overall, project management software is beneficial for businesses who want assistance tracking the progress of projects, campaigns, resource allocation, and tasks across an organization. The Benefits Of Project Management Software The main goal of this entire process is to complete projects efficiently while producing quality results. The project management life cycle is divided into 5 phases: initiating, planning, executing, monitoring/controlling, and closing.

The project is then managed through the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. So what is project management exactly? A project is defined by the Project Management Institute as a temporary, unique undertaking that has “specific set of operations designed to accomplish a singular goal,” and often involves diverse groups working together. In fact, PWC found that 77% of high-performing teams use project management software. Over the last decade, however, modern project management technology has brought these principles into the everyday workplace. The concept of project management has been around since the early 20th century with the introduction of Henry Gantt’s Gantt charts.

With the help of a great project management software, you can revolutionize the way your team works together and manages their workload. It may seem hard to maximize productivity with so many people working remotely or shifting to a hybrid work model, but it’s actually more attainable than ever before. You’re organized, crossing items off your to-do list regularly with the help of a project management software, and leaving the office (or closing your laptop in your living room) before 5:00 PM.

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