Organize your work with web-based project portfolio management software
by Jhoana Cooper
A software which allows individuals from corporate or business sector to arrange a number of projects in an orderly manner in one portfolio, to view reports on the cost of a project, resources available, objectives of the project, risks involved, etc., is called project management software. This software can serve both as desktop as well as web-based application. Web-based project portfolio management software can be accessed through web browser or intranet or extranet. These web-based software can be used by various people associated with a project and are easily accessible. Gantt chart software is part of the project management software, which allows us to have a clear graphical view of the tasks at hand and timeframe under which the task should be completed. It enables us to plan, follow, and coordinate the objectives of a project meticulously.
Web-based project portfolio management software helps the companies to fully utilize their resources, validate business initiatives, and also make project status clearly visible to the companies using it. These software help the project managers to plan and even pr-plan a project. The executives can use them for analysis of business intelligence as well. The project teams can collaborate with ease using the software. The web-based project portfolio management software creates portfolios under different headings or sections of the project. It helps us to understand the financial structure or time factor or the status of the project.
Web-based project portfolio management software offer tools like for creating and managing a number of projects at the same time with each having unique features. It also helps us in handling different tasks at the same time under different parameters. Gantt charts software enables us to graph our project timing to see how the project is advancing. These charts can be saved and printed as need be. Project monitoring becomes easy with the use of such software. They help in increasing the productivity of the project and accountability of the teams handling them. With web-based project portfolio management software you can handle several projects at a time. Web-based project portfolio management software helps the implementation of the new project along with the existing ones and makes available the existing resources.
Gantt chart software are extremely useful tool for project portfolio management. The software companies that offer project management portfolios definitely have Gantt chart as one of its features. As a part of this Gantt chart software makes things simple to use in a project plan. Even though the task may have complex sequence Gantt chart helps to simplify them into multiple tasks. The management software with Gantt chart will enable the manager to view personal schedule of any staff member or view several profiles at the same time or switch from one schedule to the other.
Once the horizontal and vertical axes have been filled up, the Gantt chart software would indicate the dependency of task with connector lines. The percentage of completion of an individual task will be displayed by the software too. You also have a choice to know how much overall progress have been made through this software. In case you want to edit any of the above options you are free to do so. Your data is saved and secured. Most of the software provide the option of exporting data from Gantt chart to other formats like MS Outlook, XML, HTML, etc. The software makes it possible to import data into the Gantt chart. The option to have a clear printout is always given by the Gantt chart software.
To know more about web-based project portfolio management software use Internet. A number of software companies offer Gantt chart software online. Many of them can be downloaded for free.
Source: http://www.articlealley.com/article_771373_11.html
Filed under: Portfolio Management
