Every organization needs to run several projects to ensure the business progress. When the projects are non-trivial and complex enough and there are multiple projects happening simultaneously, managing all of them to deliver desired results becomes crucial. The number of projects in your organization is amongst many factors that would decide the success of your business. The quality of each project is as important as their quantity. One would be happy to use any tool that can help manage these projects. This tool would be useful in project planning, scheduling, resource allocation and change management. Though this is a crucial tool for project managers, it could be useful for stakeholders and users too. This tool will be useful in controlling costs and manage budgeting, quality management and documentation. It will help manage procurement and other administrative operations; in short, just about anything that has an effect on the completion of the projects.
You need to use this and other tools to ensure that all the necessary resources like personnel, components, paperwork work together for the benefit of the projects. You need to deploy them at right times to produce a smooth flow and ensure deadlines are met and there are no wastage of money or resources. This tool will be useful in breaking down tasks, estimating time to completion and scheduling them. As for task management, you will be able to monitor the progress of the tasks, deadlines and generate status reports. Managing project timelines including scheduled meetings, activity dates and contacts can be managed and the information shared across PM and other stakeholder calendars. Productivity gains accrue through common access to the central repository of all relevant documents. Being web based access to information changes throughout an organization is easy to manage.