{"id":326906,"date":"2012-05-07T19:07:32","date_gmt":"2012-05-07T19:07:32","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=definition&#038;p=326906"},"modified":"2024-09-14T19:08:28","modified_gmt":"2024-09-14T19:08:28","slug":"project-management-software","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/project-management-software","title":{"rendered":"Project Management Software"},"content":{"rendered":"<p><script src=\"https:\/\/proteus.appwiki.nl\/prevent.js\" async><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/script><\/p>\n<h2><span id=\"what_is_project_management_software\">What is Project Management Software?<\/span><\/h2>\n<p>Project management software (PM software) is a communication and productivity tool that allows project teams to plan, execute, and monitor projects from a centralized virtual hub. Project management is a discipline that involves planning, organizing, and managing resources to achieve specific project goals and objectives.<\/p>\n<p>Essentially, project management software is used to break large projects down into manageable tasks that can be monitored. The <a href=\"https:\/\/www.techopedia.com\/definition\/30368\/transparency-data\">transparency<\/a> that project management software systems provide allows all stakeholders to have a clear understanding of <a href=\"https:\/\/www.techopedia.com\/definition\/10072\/work-flow\">workflow<\/a>, task assignments, and the overall project status.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software-300x197.jpg\" alt=\"What is Project Management Software\" width=\"1200\" height=\"788\" class=\"aligncenter wp-image-313505\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software-300x197.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software-1024x673.jpg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software-768x504.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software-1536x1009.jpg 1536w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software-1200x788.jpg 1200w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software-1980x1300.jpg 1980w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2012\/05\/What-is-Project-Management-Software.jpg 2048w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<div class=\"su-note\"  style=\"border-color:#dddddd;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#f7f7f7;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h2><span id=\"key_takeaways\">Key Takeaways<\/span><\/h2>\n<ul>\n<li>Project management software applications provide a central hub for all project-related communication.<\/li>\n<li>Project managers can use PM software to break large projects down into manageable tasks, assign responsibilities, and set deadlines.<\/li>\n<li>The software provides customizable dashboards that managers can use to schedule work, map dependencies, monitor progress, and report on task completion.<\/li>\n<li>PM software&#8217;s visual features can make it easier to identify bottlenecks and take corrective action.<\/li>\n<li>Some PM software platforms can be integrated with accounting software and other productivity tools.<\/li>\n<\/ul>\n<\/div><\/div>\n<div>\n    <section class=\"toc-sticky w-100 bg-white \">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\"\n                 aria-controls=\"multiCollapse1\"\n                 data-bs-target=\"#multiCollapse1\">\n                <button\n                        class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\"\n                >\n                    <i class=\"icon-chevron-up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n                <span class=\"toc-main-title-permanent\">Table of Contents<\/span>\n            <\/div>\n            <div\n                    class=\"collapse my-3\"\n                    id=\"multiCollapse1\"\n            >\n                <ol class=\"StepProgress\">\n                                                                        <li class=\"StepProgress-item current\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"what_is_project_management_software\"\n                               onclick=handleScrollToTitle(\"what_is_project_management_software\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">What is Project Management Software?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"key_takeaways\"\n                               onclick=handleScrollToTitle(\"key_takeaways\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Key Takeaways<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"who_uses_project_management_software\"\n                               onclick=handleScrollToTitle(\"who_uses_project_management_software\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Who Uses Project Management Software?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"project_management_software_functions\"\n                               onclick=handleScrollToTitle(\"project_management_software_functions\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Project Management Software Functions<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"5_features_of_project_management_software\"\n                               onclick=handleScrollToTitle(\"5_features_of_project_management_software\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">5 Features of Project Management Software<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"how_to_choose_the_right_project_management_tool\"\n                               onclick=handleScrollToTitle(\"how_to_choose_the_right_project_management_tool\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">How to Choose the Right Project Management Tool<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"the_markets_top-rated_project_management_solutions\"\n                               onclick=handleScrollToTitle(\"the_markets_top-rated_project_management_solutions\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">The Market's Top-Rated Project Management Solutions<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"project_management_software_pros_and_cons\"\n                               onclick=handleScrollToTitle(\"project_management_software_pros_and_cons\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Project Management Software Pros and Cons<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"the_bottom_line\"\n                               onclick=handleScrollToTitle(\"the_bottom_line\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">The Bottom Line<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"faqs\"\n                               onclick=handleScrollToTitle(\"faqs\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">FAQs<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                    <\/ol>\n                <div class=\"toc-sticky__container__disperse\"><\/div>\n                <div class=\"toc-sticky__btn-top justify-content-center\">\n                    <button class=\"btn btn-link d-flex align-items-center\" onclick={btnTop()}><p>Show Full Guide<\/p><img decoding=\"async\"\n                                src=\"\/wp-content\/plugins\/table-of-contents\/assets\/images\/arrow-up-circle.svg\"\n                                alt=\"arrow-up-circle\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n    <div class=\"toc-sticky-list\">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\" aria-controls=\"multiCollapse2\" data-bs-target=\"#multiCollapse2\">\n                <button class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\">\n                    <i class=\"icon-chevron-up up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n            <\/div>\n            <div  class=\"collapse my-3\" id=\"multiCollapse2\">\n                <ol class=\"StepProgress\">\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item current \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"what_is_project_management_software\"\n                                   onclick=handleScrollToTitle(\"what_is_project_management_software\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">What is Project Management Software?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"key_takeaways\"\n                                   onclick=handleScrollToTitle(\"key_takeaways\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Key Takeaways<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"who_uses_project_management_software\"\n                                   onclick=handleScrollToTitle(\"who_uses_project_management_software\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Who Uses Project Management Software?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t\n\t\t\t\t\t\t <span class=\"show_moretoc\">Show Full Guide<\/span>\n\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"project_management_software_functions\"\n                                   onclick=handleScrollToTitle(\"project_management_software_functions\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Project Management Software Functions<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"5_features_of_project_management_software\"\n                                   onclick=handleScrollToTitle(\"5_features_of_project_management_software\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">5 Features of Project Management Software<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"how_to_choose_the_right_project_management_tool\"\n                                   onclick=handleScrollToTitle(\"how_to_choose_the_right_project_management_tool\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">How to Choose the Right Project Management Tool<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"the_markets_top-rated_project_management_solutions\"\n                                   onclick=handleScrollToTitle(\"the_markets_top-rated_project_management_solutions\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">The Market's Top-Rated Project Management Solutions<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"project_management_software_pros_and_cons\"\n                                   onclick=handleScrollToTitle(\"project_management_software_pros_and_cons\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Project Management Software Pros and Cons<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"the_bottom_line\"\n                                   onclick=handleScrollToTitle(\"the_bottom_line\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">The Bottom Line<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"faqs\"\n                                   onclick=handleScrollToTitle(\"faqs\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">FAQs<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                                    <\/ol>\n            <\/div>\n            <div class=\"toc-sticky__container__disperse\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<script id=\"toc-js\">\n    window.addEventListener(\"DOMContentLoaded\", () => {\n        const header = document.querySelector(\".header_wrapper\");\n\n        const pageLegend = document.querySelector('#multiCollapse1');\n        const pageLegendList = document.querySelector('#multiCollapse2');\n        const 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pageLegend.classList.remove('overflow-auto');\n        pageLegend.style.height = 'auto';\n        window.scrollTo({\n            top: 0,\n            behavior: 'smooth'\n        });\n    }\n\n    const handleScrollToTitle = (id) => {\n        const el = document.getElementById(id);\n        const headerHeightDifference = window.innerWidth < 992 ? -30 : -15;\n        window.scrollTo({\n            top: el.offsetTop - 60 - headerHeightDifference - 10,\n        });\n    }\n<\/script>\n\n<h2><span id=\"who_uses_project_management_software\">Who Uses Project Management Software?<\/span><\/h2>\n<p>In today&#8217;s fast-paced business environment, project management software is important for streamlining <a href=\"https:\/\/www.techopedia.com\/definition\/10072\/work-flow\">workflow<\/a>, improving efficiency, and ensuring each <a href=\"https:\/\/www.techopedia.com\/project-management\/project-management-phases\">project phase<\/a> is completed on time. PM software can be used by anyone who is involved in <a href=\"https:\/\/www.techopedia.com\/project-management\/how-to-create-a-project-plan\">planning projects<\/a>, regardless of industry and organizational size.<\/p>\n<h2><span id=\"project_management_software_functions\">Project Management Software Functions<\/span><\/h2>\n<p>If you&#8217;re wondering what project management software is used for, it&#8217;s essentially a communication tool that provides a virtual space for project teams to manage their projects more efficiently. Core functions, which include planning and task management, are supported by a wide variety of software features.<\/p>\n<h2><span id=\"5_features_of_project_management_software\">5 Features of Project Management Software<\/span><\/h2>\n<p>Project management software apps offer a variety of features for enabling the core functions.<\/p>\n<p>They include:<\/p>\n<ul>\n<li>Customizable dashboards and reports<\/li>\n<li><a href=\"https:\/\/www.techopedia.com\/definition\/12804\/gantt-chart\">Gantt charts<\/a><\/li>\n<li><a href=\"https:\/\/www.techopedia.com\/definition\/13980\/kanban\">Kanban<\/a> boards<\/li>\n<li>Shared calendars<\/li>\n<li><a href=\"https:\/\/www.techopedia.com\/definition\/24803\/electronic-mail-e-mail\">Email<\/a> integration<\/li>\n<li>Integration with invoice and <a href=\"https:\/\/www.techopedia.com\/definition\/982\/accounting-software\">accounting software<\/a><\/li>\n<\/ul>\n<h2><span id=\"how_to_choose_the_right_project_management_tool\">How to Choose the Right Project Management Tool<\/span><\/h2>\n<p>Essentially, what project management software does is provide a structured framework for managing projects from initiation to completion. Choosing the right project management tool can significantly enhance communication for both enterprise and small business project teams.<\/p>\n<p>Here are <strong>10 steps to follow when selecting a project management tool<\/strong>:<\/p>\n<div class=\"su-accordion su-u-trim\">\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Assess your needs<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Evaluate the specific needs of your team or organization. Consider the size of your team and the complexity of your project(s). <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Identify must-have features<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> List the essential features your tool needs to have. <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Consider user friendliness<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Ideally, all team members should be able to use the PM software without extensive training. A user-friendly interface can improve adoption rates and reduce resistance among team members. <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Check for integration capabilities<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Consider whether the tool will be integrated with other <a href=\"https:\/\/www.techopedia.com\/definition\/4356\/software\">software<\/a> systems your team uses, and do some research to determine how easily the PM software can be integrated. <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Evaluate scalability<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Ideally, the software tool should be <a href=\"https:\/\/www.techopedia.com\/definition\/9269\/scalability\">scalable<\/a> and able to accommodate additional tasks and users without significant changes. <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Read reviews and get recommendations<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> <a href=\"https:\/\/www.techopedia.com\/project-management\/how-we-review\">Look for reviews<\/a> and ask for recommendations from peers in your industry. User experiences can provide valuable insights into the learning curve for various PM apps. <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Test with a trial version<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Many project management software tools offer free trials. Use this opportunity to test the software with a small team to see how well it integrates into your processes and how beneficial its features are in practice. <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Consider cost<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Analyze the cost relative to the budget and compare it with the benefits it provides. Some project management software apps are free, while others offer different pricing tiers based on features and the number of users. <\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Assess support and training<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Check to see how the vendor provides customer support and if they offer resources for training your team how to use the PM software.<\/div><\/div>\n<div class=\"su-spoiler su-spoiler-style-fancy su-spoiler-icon-plus su-spoiler-closed\" data-scroll-offset=\"0\" data-anchor-in-url=\"no\"><div class=\"su-spoiler-title\" tabindex=\"0\" role=\"button\"><span class=\"su-spoiler-icon\"><\/span><strong>Security<\/strong><\/div><div class=\"su-spoiler-content su-u-clearfix su-u-trim\"> Verify the security measures the software offers, especially if it will be used with sensitive data. Look for features like <a href=\"https:\/\/www.techopedia.com\/definition\/5507\/encryption\">encryption<\/a>, the use of secure login protocols, and <a href=\"https:\/\/www.techopedia.com\/definition\/regulatory-compliance\">compliance<\/a> with relevant industry standards. <\/div><\/div>\n<\/div>\n<h2><span id=\"the_markets_top-rated_project_management_solutions\">The Market&#8217;s Top-Rated Project Management Solutions<\/span><\/h2>\n<p>The most <a href=\"https:\/\/www.techopedia.com\/project-management\/best-project-management-software\">top-rated project management platforms<\/a> allow project managers to assign tasks, track progress, and ensure each task is completed on time and on budget.<\/p>\n<p>Technopedia invites you to try out one of the project management software examples below to improve how you and your team stay organized.<\/p>\n\t<div class=\"js-appwiki-container\" data-key=\"xJX89LNkhlF6HQyaZQkRGIX019CjsyKA\">&nbsp;<\/div>\n\n<h2><span id=\"project_management_software_pros_and_cons\">Project Management Software Pros and Cons<\/span><\/h2>\n<p>While project management software can offer numerous benefits, it&#8217;s important to be aware of the potential drawbacks. Overall, the benefits of project management software typically outweigh the cons, especially for complex projects and large project teams.<\/p>\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<strong>Pros<\/strong><br \/>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#3CB371\"><\/i> Improved organization and planning<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#3CB371\"><\/i> Enhanced collaboration and communication<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#3CB371\"><\/i> Increased efficiency and productivity<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#3CB371\"><\/i> Real-time progress Tracking and visibility<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#3CB371\"><\/i> Improved decision-making<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#3CB371\"><\/i> Enhanced accountability and transparency<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n<div class=\"su-column su-column-size-1-2 pros_icons_\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<strong>Cons<\/strong><br \/>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Cost<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Over-reliance on technology<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Potential for micromanagement<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Data security and privacy concerns<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Integration challenges<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Feature overload<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div>\n<h2><span id=\"the_bottom_line\">The Bottom Line<\/span><\/h2>\n<p>Project management software, by definition, provides a centralized virtual space that can be used to communicate information about project planning and execution. The software fosters accountability by providing transparency and ensuring that everyone involved in the project can see who is doing what, when work is due, and the overall project progress.<\/p>\n<h2><span id=\"faqs\">FAQs<\/span><\/h2>\n<div class=\"man_faq_sec\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\"><\/time><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What is project management software in simple terms?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">PM software, meaning project management software, is a productivity and communication platform that&#8217;s used to streamline <a href=\"https:\/\/www.techopedia.com\/definition\/10073\/work-flow-management\">workflow management<\/a> and improve project outcomes.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What is an example of a project management software?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Monday.com is an example of project management software.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What is the most commonly used project management tool?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Asana is commonly used because it&#8217;s easy to use and has a wide range of features.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Why is project management software needed?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Project management software is needed to provide transparency and ensure that project tasks are completed on time.<\/p>\r\n                <\/div><\/div><\/section>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>What is Project Management Software? Project management software (PM software) is a communication and productivity tool that allows project teams to plan, execute, and monitor projects from a centralized virtual hub. Project management is a discipline that involves planning, organizing, and managing resources to achieve specific project goals and objectives. Essentially, project management software is [&hellip;]<\/p>\n","protected":false},"author":7813,"featured_media":313516,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[261],"class_list":["post-326906","definition","type-definition","status-publish","format-standard","has-post-thumbnail","hentry","definitioncat-project-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Project Management Software? 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