PMT:- Project management System
Project management software has the capacity to help plan, organize, and manage resource pools and develop resource estimates. Depending on the sophistication of the software, it can manage estimation and planning, scheduling, cost control and budget management, resource allocation, collaboration software, communication, decision-making, quality management and documentation or administration system
Project planning software can be expected to provide information to various people or stakeholders, and can be used to measure and justify the level of effort required to complete the project(s).
- Overview information on how long tasks will take to complete.
- Early warning of any risks to the project.
- Information on workload, for planning holidays.
- Evidence.
- Historical information on how projects have progressed, and in particular, how actual and planned performance are related.
- Optimum utilization of available resource.
- Cost maintenance.
- Collaboration with each teammates and customers.
- Instant communication to collaborators and customers.