Home/Glossary/Project Management Software/Project Management Software FeaturesUpdated on: April 19, 2024

What is Project Management Software?

Project management software is aimed to facilitate the workflow of a team collaborating on the same project. It fits for small startup teams as well as huge seasoned ones and even multiple different teams that need to cooperate to complete a project. The software allows to assign and reassign tasks, easily track the deadlines to meet them for sure, and of course, control the whole process from the central managing location. Project Management Software is a true business solution that every business in today’s era must have. Not only are they advanced, but they are also efficient tools that make business procedures and activities very easy to work with. Here, you have understood what it is, the numerous benefits it provides, and the various features that it offers. Therefore, if you are thinking of purchasing Project Management Software, keep in mind the few pieces of advice, and you will be able to get the perfect software for your company.

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List of all features

Recurring Task Management

Recurring task management involves ensuring that the recurring tasks (that happen over and over again on a regular basis) are properly managed by the project manager to ensure efficiency and productivity.

Requirement Management

The process of recording, reviewing, tracing, prioritizing, and deciding on specifications, as well as controlling change and interacting with relevant stakeholders, is known as requirement management. It is a continuous process that occurs over the duration of a project. A capacity to which a project result should adhere is referred to as a prerequisite.

Resource Management

Resource management refers to the process of obtaining, allocating, and managing resources for a project, such as people and their expertise, budgets, technology, materials, machinery, and natural resources. Internal and external resources are used efficiently, on schedule, and under budget, thanks to resource management.

Status Tracking

The term status tracking is used in most CRM systems to describe the process of tracking email delivery within the CRM. The most basic form of email status tracking is determining whether or not a recipient has opened an email. Some software also keep track of which of the email's individual URLs is clicked.

Task Management

Task management is the method of tracking the progress of your project's activities from start to finish. This entails constantly making choices for your tasks in order to accommodate adjustments that might arise in real-time, with the end goal of completing your tasks successfully.

Timeline View

A project timeline is a visual list of tasks or activities placed in chronological order, which lets project managers view the entirety of the project in one place. A project timeline typically takes the form of a horizontal bar chart, where each task is given a name and a corresponding start and end date.

Time & Expense Tracking

Time and expense tracking is the process of recording and tracking hours worked and expenses as they relate to projects. Time and expense tracking may provide multiple timesheet and expense views, configurable work time, overtime, approval, and expense reporting policies to allow organizations to effectively collect and manage time and expenses based on their unique requirements. It enables companies to reduce errors, duplicate entries, and administrative overhead. It can also reduce the amount of time it takes to collect and report project data, manage timesheets and remote data entry.