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Last edited 30 Mar 2021
Microsoft Project - software for project management
Microsoft Project (‘MS Project’) has been designed to enable project managers to track the progress of projects, manage budgets, develop schedules, allocate resources to tasks and scrutinise workloads. It is available to purchase either as software or as an online tool – Project Online. Available in ‘Standard’ and ‘Professional’, Project has never been included as part of the Office suite of software. It comes in either 32- or 64-bit options.
It is generally accepted that the use of project management software can increase the productivity of project managers and their teams. Generally, project management software (PMS) has the power to help plan, organise and manage resource tools and develop estimates.
The Microsoft Windows-based application is claimed to help project managers, key stakeholders and teams stay productive through the use of built-in templates, familiar scheduling tools and reports. Typically, MS Project can manage tasks, including:
- Estimating and planning
- Cost control
- Decision making
- Share documentation
- Save projects to the Cloud.
With Microsoft Project, project managers can break down the tasks of a project into a ‘work breakdown structure’ (WBS) and assign workers (called ‘resources’) to those tasks. The user can also create reports that communicate the status and progress of a project.
Studies have found that the most desired planning tools in project management include file sharing, time tracking, email integration and Gantt charts. However, this does not take into account communication in all its social media forms – video chat, real-time chat, social media integration and mobile access. This is pertinent given that a Project Management Institute (PMI) report found that poor communication is one of the top causes of project failure. Such communication abilities are integrated into Microsoft Project.
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