Project management systems are software tools that assist in the organization and moderation of a project throughout its life cycle. Most project management systems provide project managers with these basic enhancements:
Because different industries are engaged in different projects, there are a variety of project management systems that are specifically designed to conform to the management methodologies needed. For instance, traditional project management systems are used for projects that implement the standard five-step approach: initiation, planning, execution, monitoring, and completion. Agile project management systems, on the other hand, are less process driven and more adaptable to the dynamic, demand-based environment of agile projects. While solutions exists for each methodology, there are also all-in-one systems that accommodate the needs of projects across every industry.
Project management via the cloud and SaaS (software-as-a-service) are the most common and most productive systems on the market today. Unlike an on-premise system that is only accessible locally, modern web-based systems allow projects to be managed from any device that has internet access. The data and documents associated with a project are centralized in one location, giving a business remote access from around the world.
Project management software has also been highly influenced by the social media. Using features similar to social networking sites like Facebook and LinkedIn, modern project management systems can give the workforce profound connectivity. For example, some systems have a feed of project status updates from other team members, letting people always know what others are working on. This network can help eliminate projects that are counterproductive and can allow collaboration on those projects that are closely related. Thousands of companies, especially those that have expanded internationally, have found this connectivity to be the strongest point of their business. As technology continues to advance today, project managers are growing more and more optimistic about the future of social project management systems.