Project Management Software: A Comparative Report and Analysis

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This report provides a comparative analysis of five project management software solutions: Zoho, LiquidPlanner, Teamwork Projects, Smartsheet, and Wrike. The introduction emphasizes the importance of project management and the role of software in streamlining processes. The report then delves into a feature-by-feature comparison of the five software options, evaluating factors such as best use case, pricing, data storage, customer ratings, integration capabilities, and project development suitability. The report highlights the strengths of each software, such as Zoho's budgeting capabilities, LiquidPlanner's suitability for complex projects, Teamwork's user-friendliness, Smartsheet's customization options, and Wrike's fast setup. The report further discusses the benefits of project management software in terms of collaboration, risk management, and process optimization, and the importance of technological innovations. The conclusion reiterates the significance of selecting the right software based on specific organizational needs, emphasizing that project management software is a crucial element for business success. The report references several sources to support its analysis.
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1/26/2020
Running Head: PROJECT MANAGEMENT 0
Project Management
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PROJECT MANAGEMENT 1
Table of Contents
Introduction................................................................................................................................1
Project management software....................................................................................................1
Conclusion..................................................................................................................................5
References..................................................................................................................................6
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PROJECT MANAGEMENT 2
Introduction
Project management is a process that integrates many other processes to complete a project
successfully. In addition, there is many software in the market for project design. However,
people can use project management software for managing their projects. Most of the firms
have used licensed versions (Malas, 2019). However, open-source project management
software is available in the market. This report will compare and contrast five project
management software based on different criteria. Moreover, project management can be
better with technological innovations. This report will provide many benefits for project
management.
Project management software
According to many surveys, project management software is a basic need for a firm to
manage their projects. Moreover, many firms have based on project management software, as
all the processes have managed using that software (LEIS, 2019). It is the best way to manage
all the things. In this report, five software will be analysed based on different factors, which
are ZOHO, Liquid Planner, Teamwork projects, smartsheet, Wrike.
There are some features of different project management software, which areas:
Features Zoho LiquidPlanner Teamwork
projects
Smartsheet Wrike
Best for Budgeting Complex
projects
Basic users Customization Fast setup
Price ($) 50 45 11.25 19 24.8
Data storage
size (GB)
100 100 100 50 50
Customers’
rating
High High Medium High High
Integration
of software
Good Excellent Good Very good Better
Management
of processes
Better Very good Good Good Very good
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PROJECT MANAGEMENT 3
Development
of project
Critical Complex Strong Simple Complex
The main role of project management software is collaboration and risk management. In
addition, it is the best part of a project management software to provide collaboration
between different business processes. There is some basic need of a firm to manage all the
things using their own project management software (Marchewka, 2014). In addition, website
management can be operated using project management software. Many giant software
companies have used project management software for managing their projects and services,
such as Oracle, IBM, Microsoft, and many others. Moreover, change management can be
used for the management of various processes.
In addition, the project can be used for the collaboration of employees and the services of a
firm. Many firms have used Zoho for managing their projects (Duffy, 2019). In addition,
Zoho has used for managing various projects in a same time. It has provided better
performance in the project management. It has taken basic requirements for designing of
project. Moreover, it has provided proper support to clients for changes as well. In addition,
project management is easy with the help of Zoho. In addition, an enterprise can use project
management software to manage all the processes.
Moreover, many industries are successful in the market because of various processes. There
are some changes in the business processes, as technological innovations have used in most
industries. In addition, Liquidplanner software has used for complex projects, as many
technology companies have used this software for solving their complex business problems.
Moreover, it has used for managing typical business problems of accounting and finance.
Moreover, it has scheduled many processes in a better manner (Conforto & Amaral, 2016).
In addition, many issues have solved using project management software, which is a good
approach. A teamwork project is a good software for the basic requirements of a firm. It has
included basic functions for managing all the things in a better way. Many changes can be
possible in this software, which is based on the customer's demand. Moreover, basic changes
can be managed using programming and other techniques. It is a good option for small size
firms (Caniëls & Bakens, 2012). Moreover, teamwork is better option for small and medium
size companies. In addition, many companies have used teamwork for project management
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and other processes. Moreover, all the processes can be easily managed using software,
which can be improved other processes as well. Therefore, many processes can be managed
though Gantt charts, which can be created using teamwork (LEIS, 2019).
Furthermore, the smart sheet is a good option for all those firms, which has required many
changes in their basic processes. In addition, basic processes can be customized using
different processes. It is better in that case in which many firms have faced changes in their
modules. There are many benefits of the smartsheet in the management meeting and
scheduling of a project. All the possible changes can be possible in this software. In addition,
the customize process has provided better outcomes in long terms (Burger, 2015).
There are many changes possible in project management software, according to a firm.,
which are based on their needs. In addition, many companies have faced challenges in their
functioning and management. Therefore, it is a better option to use project management
software for handling all the issues and challenges (Müller, 2010). Moreover, basic processes
can be managed in an efficient way to increase the performance and productivity of a firm
(Braglia & Frosolini, 2014).
In addition, basic processes can be managed using many techniques of project management
software. It is the best way to optimize many processes, which are complex to manage
without software (Bednenko, 2019). In addition, a leader or manager can develop their skills
using that software. It can be possible because of data and information (Nixon, et al., 2012).
In addition, information systems can be connected using different techniques through project
management software (Raymond & Bergeron, 2008). It is a huge issue in the basic processes
of a company that processes cannot manage in a proper manner. However, basic processes
are providing many benefits to the company. In addition, basic project management software
has worked on the data and information of a firm.
Moreover, Wrike is a complete package of many tools and techniques. It is the best software
for project management, as it is very fast and simple in setup and working. Moreover, basic
processes can be managed using Wrike in a better way. It can be helpful in the management
of products and services of a firm. Many processes can be changed based on the outcomes of
a process. It is necessary to plan for products and services, which is good for a firm. It can
reduce the risks and threats of a firm, which can create a critical issue in front of a firm
(Zhou, et al., 2008). Wrike is available in the market at a low rate with high benefits. It has
provided 50 GB space per user, which is sufficient for a medium and large-scale
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PROJECT MANAGEMENT 5
organization. It can provide a better option to improve basic processes. There are many
benefits of project management software. There are some changes in the basic processes.
Moreover, the basic model can be used for managing all the processes of a product (Watson,
2019).
It has depended on the demand of a company and its business function to select a project
management software (SANTOS, 2019). Furthermore, all the software is working properly,
but there are some issues with their working and outcomes. Most of the processes can be
managed using basic processes. There are some processes, which can be managed in a better
way using project management software, such as Wrike, teamwork, Zoho, and many others.
All that software is providing better outcomes as per their expertise. In addition, smartsheet is
a better option for all those projects, which has required customization. In addition, there are
many things to change using the need of a firm.
Project management software has provided help to client management, which is the first need
for a firm. There are many benefits of software including management of production
processes and many other things. It is a basic need of a firm to manage their internal and
external processes using software to avoid any mistakes. It can manage all the processes in a
better and efficient manner. Most of the processes of a firm have required integration and
collaboration, which is possible using project management software (Nixon, et al., 2012).
Many companies are successful in this business because of their excellence in this field. It is
a process in which technological innovations have used for the management of business
functions. It will be the future of many industries and businesses. In addition, artificial
intelligence and machine learning will change the future. Most processes can be modified
using software and other technical innovations. Project management software can be changed
various processes to increase the performance and productivity of a firm, which is good for
them. Zoho reviews is easy to apply and lets you create comprehensive dashboards and data
visualizations to ensure your initiatives are on-tune. you could import information from
outside documents, cloud drives, applications, and in-residence apps, permitting you to create
more accurate move purposeful reviews (SANTOS, 2019).
Teamwork, a project management device that focuses on bringing together far flung people,
permits you to create team member repute updates so your remote and bendy groups realize
their co-worker’s schedules. It additionally presents customer support features, inclusive of
the choice to assign tickets or view consumer emails in one location. Wrike sticks out as a
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PROJECT MANAGEMENT 6
tremendous assignment management device for teams who need the choice to personalize
workflows and edit and revise tasks from within the platform itself. The device gives the
capability to shade code and layer calendars, and its cell form allows colleagues to update
task statistics on-the-move. Company could upload feedback to sections, motion pictures, or
files, and create custom fields to export information most relevant for your business
enterprise (Duffy, 2019). Many software can be attached with this software as an application
to improve the efficiency of the project management. Most of the processes can integrated
using this software.
Conclusion
In conclusion, project management software is a basic need for an organization to manage its
various business functions and projects. Moreover, there is some basic need for various other
technologies, which are helpful in the development of websites and other applications in a
proper manner. There are some changes in various project management software, which has
depended on the requirement of a firm. Different software has many characteristics. Thus, it
is based on the firm to understand their requirement and choose proper software. Finally,
project management software has used for managing various processes in a better manner.
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References
Bednenko, O., 2019. Top 5 Project Management Software. [Online]
Available at: https://www.bitrix24.com/articles/top-5-project-management-software.php
[Accessed 26 January 2020].
Braglia, M. & Frosolini, M., 2014. An integrated approach to implement project management
information systems within the extended enterprise. International Journal of Project
Management, 32(1), pp. 18-29.
Burger, R., 2015. What’s the Difference Between Project Management Software and Task
Management Software?. [Online]
Available at: https://blog.capterra.com/whats-the-difference-between-project-management-
software-and-task-management-software/
[Accessed 26 January 2020].
Caniëls, M. C. & Bakens, R. J., 2012. The effects of Project Management Information
Systems on decision making in a multi project environment. International journal of project
management, 30(2), pp. 162-175.
Conforto, E. C. & Amaral, D. C., 2016. Agile project management and stage-gate model—A
hybrid framework for technology-based companies. Journal of Engineering and Technology
Management, pp. 1-14.
Duffy, J., 2019. The Best Project Management Software for 2020. [Online]
Available at: https://in.pcmag.com/software/36069/the-best-project-management-software
[Accessed 26 January 2020].
LEIS, M., 2019. 42 Best Project Management Software and Tools (2019 Update). [Online]
Available at: https://www.scoro.com/blog/best-project-management-software-list/
[Accessed 26 January 2020].
Malas, F., 2019. The 10 Best Project Management Tools. [Online]
Available at: https://clickup.com/blog/the-10-best-project-management-tools/
[Accessed 26 January 2020].
Marchewka, . J. T., 2014. Information technology project management. 5 ed. New York:
John Wiley & Sons.
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PROJECT MANAGEMENT 8
Müller, R., 2010. Müller, R., & Turner, R. (2010). Leadership competency profiles of
successful project managers. International Journal of Project Management, 28(5), pp. 437-
448.
Nixon, P., Harrington, M. & Parker, D., 2012. Leadership performance is significant to
project success or failure: a critical analysis. International Journal of productivity and
performance management, 61(2), pp. 204-216.
Patterson, F. D. & Neailey, K., 2002. A risk register database system to aid the management
of project risk. International Journal of Project Management, 20(5), pp. 365-374.
Raymond, . L. & Bergeron, F., 2008. Project management information systems: An empirical
study of their impact on project managers and project success.. International Journal of
Project Management, 26(2), pp. 213-220.
SANTOS, B. J. M. D., 2019. Top 10 Best Project Management Software & Tools in 2020.
[Online]
Available at: https://project-management.com/top-10-project-management-software/
[Accessed 26 January 2020].
Watson, Z., 2019. The Best Project Management Tools for (Almost) Any Task. [Online]
Available at: https://technologyadvice.com/blog/information-technology/5-of-the-best-
project-management-tools-for-almost-any-task/
[Accessed 26 January 2020].
Zhou, L., Vasconcelos, A. & Nunes, M., 2008. Supporting decision making in risk
management through an evidence-based information systems project risk checklist.
Information management & computer security, 16(2), pp. 166-186.
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