Project tracking software – purposes and solutions, project tracking system for SME

Project tracking software can provide project managers with a great assistance on keeping abreast of day-to-day activities taking place at their projects. It is a computer-based instrument helping to team up all project participants through mobilizing them around their commitments, duties and responsibilities. That oftware discovers new opportunities for project stakeholders and supervisors who can use effective software-driven electronic channels to keep real-time connection with their subordinates. 

Project tracking system makes it is easier to cope with project monitoring and controlling through making it fast, paperless, agile and more manageable. The central point is the database that contains information on project facts, tasks, parameters, stakeholders, participants etc. 

Usually, features & capabilities necessary for working with tasks, time, costs, personalities etc. According to software reviews, we can say that the following rule is fair in the most of cases: the wider is the range of capabilities the more expensive and complicated is the product. While big organizations, driving serious projects with hundreds or even thousands of participants, need some powerful systems, a great number of smaller companies do not seek for such high-priced solutions, but would like to get an optimal solution that can cover their basic needs along with taking moderate price. While trying to minimize their IT costs, such small organizations usually resort to using freeware. 

 Theoretically such project tracking software doesn’t require payments for its use, but in practice it may seriously “wreck nerves” of users by unstable work, or cause other indirect losses. That’s because free products usually are open-source, and open source technology means that such programs aren’t really ready-to-go solutions, but rather a basis for development of own products. There are no much of good system open source solutions on the Web, but those several that can be found aren’t completely free – only the simplest versions are free, while functionality extensions, collaborative modules, support services and updates may need payments.