Top 5 Benefits of Using Project Management Software Tool
Many people believe that a Project Management software tool does not have much utility as spreadsheets work much better and provide a cheaper option.
Before we debate this, let me ask you a question. Which tool would you use if you have to put a nail in a wall – a hammer or a screwdriver?
Most probably your answer would be hammer. It does not mean that a screwdriver is a useless tool. It only means that a hammer is a more appropriate tool for putting a nail.
Similarly, when it comes to project management activities like planning and tracking, you should use a proper tool. A spreadsheet software is a general tool that is good for performing calculations and maintaining records but it should not be used for managing projects.
A proper tool helps in automating activities like estimating, scheduling, budgeting, organizing, tracking, and reporting. A spreadsheet software can never do all these things.
Let’s take a look at the top benefits of using a project management software.
Benefits of Using Project Management Software Tool
1. Scheduling
Scheduling involves the following steps:
- Identification of activities
- Estimating duration, cost, and resources
- Identifying dependencies and sequencing the activities
- Assigning resources and developing schedule
- Adjusting schedule to meet deadline
All these steps can be easily performed by using a specialized project management software. By using it, you can establish a proper workflow so that project staff members know what are they supposed to do and when.
Furthermore, by using a proper tool, you can easily adjust the schedule when there are any delays or changes as the project progresses. (more…)
Which tool would you use for project scheduling – a tool specifically designed for managing projects or Excel spreadsheet?

While publishing our products over a specialized reviews directory we were asked: “How do you position yourself against your competitors?“. To summarize it the answer would be: “RationalPlan puts the accent on productivity and tries to be as easy to use as possible: straightforward and intuitive“.
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Every project starts with a well-defined plan and schedule. But the reality offers a lot of uncertainty so the project may very well not evolve according to the initial plan. The result is that measures are required to adjust the state of the project to reflect the new reality.
There are certain individuals nowadays, mostly “project managers”, that decided to add version numbers to the notion of Project Management… And they created PM 1.0 and PM 2.0. More than probably the numbering idea came from the software domain: different tools and different versions for various needs.
Managing projects is not an easy job and in most cases the manager would greatly benefit from the use of a dedicated software. Starting from this necessity project management tools were created. But the main problem is if these tools are a real help for those that are using them or it is just a loss of time.