Crucial Factors to Consider When Choosing Project Management Software

Selecting the right project management software will depend on several factors. With multiple options available on the market today, how exactly will you choose the tool most suitable for your specific requirements? Being aware of the different important factors to consider is crucial to helping you make a distinction between the best tools, and those that are just not fit for the job. Here are the top 10 important considerations when selecting a project management software.

1. Collaboration

The project management software must allow for collaboration on projects so teams can work together, either on-site or remotely. Collaboration will make it a lot easier for every team member to contribute input at every stage of the project.

2. Customizable

You do not have to change how the organization runs just to accommodate a new system. The best project management software must easily be configured to fit your organization’s needs. So you must pay attention to the level of customization the software offers. Flexibility is a highly important aspect to consider since business working patterns and demands are expected to change over time.

3. Scalability

The demand on the software increases as your business grows. Don’t let limited features stop your business from developing; check if the software you are considering can be integrated with additional modules or storage space. Choose one that can support the growing needs of your business.

4. Ease of use

Often, some tools are quite complicated to use and require several days of training. Find a product that is straightforward to use and is suitable for your business. Consider using tools offering free trials so you will get to see its capabilities before purchasing it.

User experience is very important. An excellent system will even go beyond having a pleasant interface. It will demonstrate ease of use for all users in that it boosts work productivity rather than delays it.

5. Real-Time Reporting

With real-time business reporting solutions, you will be able to pull data from different areas of the project management software so you can instantly use it to yield reports about the project’s current status.

6. Security

Functionality is great, but if your data is not safe, then your project’s integrity is not secure either. So consider the security options offered by your preferred software provider. When they are hosting the software online, make sure that they have the right encryption. A separate dedicated hosting platform must be used by your provider to make sure that your data is safe and protected from unauthorized people.

7. Professional Interface

There are plenty of tools you can choose from but some may look old-fashioned. Functionality is your primary criteria; however, it won’t hurt if you go for software that looks attractive.

8. Timesheets

Opt for project management software that will include timesheets as this will help you monitor tasks. It can provide early warnings regarding delays as well as allow you to check the validity of task estimates. Team members must find it simple and easy to complete their timesheets.

9. Integration

The software might need to work with other communication, accounting and reporting systems that are already in use in your company. Make sure to invest in a tool that is compatible with all of your current systems.

10. Consolidation

Using plenty of tools to manage projects will create more room for human error and complications. With a consolidated system, all aspects of project management will be processed together. From status update, to risk management, to progress tracking, an excellent system will help you stay on track without multiple additional tools.

Conclusion

Making the shift to user-friendly, improved project management software is the first step in making sure that all projects are running efficiently, from conception to implementation to tracking. With many products to choose from, it is crucial for you to make the right choice. Take your time and test all potential software prior to making a final decision.

Serdar Karliev

Serdar Karliev

Serdar Karliev is CEO of kpi.com, a SaaS business apps platform for SMEs. His previous experience is in investment banking, working in the UK, Russia and South Africa.

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