Project Software is a general term that describes a variety of computer programs intended to help users efficiently deal with their project efforts. It includes functionality for task planning, resource allocation, time scheduling, cost management, team collaboration, status tracking, and other great features that allow users to manage every aspect of their projects.
Essentially, project software is closer to project management (PM) software. PM software offers a complex of tools that help users apply best practices of project management. It can be desktop-based, web-based (online), mobile. PM software can be single user (personal) and collaborative (team). It can be a standalone solution or an integrated module of a complex enterprise-wide (ERP) system.
An example of full-featured project software includes the following basic functionality:
- Project planning
- Resource allocation
- Time management
- Task management
- Monitoring & measuring
- Reporting & accounting
- Team management
- Collaboration & communication
- Document management
- Cost estimation & management.