Microsoft Project is a project management application which is part of Microsoft Office, however, has never been included in any of the Office suites. Project is available in two editions, Standard and Professional. The application has primarily been designed to assist project managers in controlling project schedules and finances. It allows users to developing plans, assigning resources to certain tasks, managing budgets, tracking progress and analysing workloads. Its expansive tools and features allow project managers to manage long and complex projects with relative ease. Recognising is primary usage in professional workforces, Project can identify different classes of users; which can then have differing access levels to projects.
Microsoft Project is a very useful tool for planning, collaboration and communications between project managers and team members. Administrators and decision makers can also get hold of Microsoft Project Online, the new cloud offering that presents an alternative to any self-installed infrastructure. Furthermore, it can make cross-company collaboration easier.
Microsoft Project Online constitutes a new way in the market. Company-wide project management can now be a worthwhile option perhaps even for small and mid-sized project organizations, as a major barrier to entry has been removed. Microsoft Project Online provides for the implementation of a full-grown project management system without the purchase and installation of hardware, software and the infrastructure to support it. Larger organizations will also benefit from it: Separate systems for business units, teams or individual major projects can be rolled out virtually at the touch of a button.
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