Project management software is a hypernym of solutions and tools. It is designed for project planning, managing workflows, organizing tasks and activities, collaborating, time tracking in a shared workspace. It is vital across industries, consultants, service providers and agencies to estimate, track, deliver, and get paid for their services. This tool ensures organizational growth by high-quality work, fueling creativity, and important for clients engagement and satisfaction.
Project management tools are usually cloud-based, multi-user platforms. They possess important features such as project planning and scheduling, task management, collaboration, advanced reporting, and budgeting. The tools also have time tracking along with resource management, allocation and scheduling and many others features.
Project Management software helps businesses and project managers resourcefully manage their workflow, teams, resource allocation, cost and time within the project lifecycle.