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Moreover, open source communities have also seen a lot of growth due to the open market. Also, there may be a specific need to use open source tools for project management. The project teams are not necessarily co-located, therefore the project management tool must support the collaboration and global access which is possible through web-based applications.

The exponential growth of web trends put more focus on team collaboration over the internet. Virtual workspaces have been introduced to manage virtual teams. Many vendors are offering cloud-based solutions. These cloud-based solutions handle virtual team requirements.

There are multifaceted benefits project managers gain by using the right set of tools. The project management functions typically include:. Being a project manager, you should choose the project management tool which fulfills your requirement.

There are many project management tools that are mature, well reputed and highly used. We bring you the highlights of some of these tools as below:. Microsoft Project is a project management software program which is developed by Microsoft.

MS Project is designed to assist a project manager in scheduling, assigning resources, tracking progress, managing budget, and analyzing workloads. If you are planning to improve your MS Project skills, you must consider attending in a Microsoft Project training.

You can easily create a schedule in MS Project. First, you create projects, within the project, you can create tasks and sub-tasks. This defines the Work breakdown structure WBS of your project. For each WBS item, you can define the pre-requisites and duration.

You can also set the calendars in MS project. You can manage these calendars at the project level as well as at the resource level. In addition to this, you can define resources. These resources can be human resources or can be material or equipment.

You also get a variety of built-in templates. These templates help you to easily tweak the schedule from the existing structure. You can associate their rates so that based on the resource assignment to the tasks, their costs can be calculated. Hence these calculations cumulatively form the project budgets. Once the cost and duration of each task are identified, the overall cost and duration of the project are reflected at a higher level.

This helps the project managers to view and assess the viability of these project constraints. So the project managers can set the parameters according to their scenarios.

MS project provides several views. These views help project managers and stakeholders to easily understand the project progression. You can view the dependency among the tasks and the overall duration of the project using Gantt Chart and Network Diagram. Likewise, there are other views that help to identify resource allocations. You can identify over allocations to level the resources.

One of the most important features is to create a schedule baseline. So you can compare it with the actual cost and time at a later stage. This is a handy tool to measure the progress of the project.

The usage of MS project is very easy being familiar with Microsoft software, it is quite easy to use this software. Collaboration is an essential part of any project. Microsoft Project allows you to share files with other members of your team. This helps you to ensure that all members have the latest information and artifacts so they can work in latest and synchronized context.

Variety of reports are also available. You can easily generate these reports at any point in time. These reports are associated with cost, resources, schedule, and dashboards. In addition to this, you can also create custom reports in MS project. These reports make the life of the project managers quite easier. A comprehensive MS Project course will cover all these and enhance your planning skills.

Primavera is another great project management tool which is used worldwide due to many helpful features for project management. Primavera is an Oracle product. It helps planning , managing a nd controlling a project in terms of activities and resources. Primavera is used by planners, schedulers, project and program managers. Many industries have gained benefit through the use of Primavera.

Primavera is a good tool for planning, managing and controlling big projects. The industries range from aerospace, telecom sector to the civil sector. Primavera offers many advantages to project managers. It helps project managers to define project schedule. You can easily define and assign resources. It allows you to set the pre-requisites of the tasks and sub-tasks. You can easily set milestones. You can also add constraints and dependencies for the tasks.

Furthermore, there are many features are provided, such as:. These features bring granular control of global data. As the imported data compliments more effective collaborations among the different parties. These parties may include the contractor, subcontractor, and suppliers.