Chapter 7, Problem 1DQ

One of your colleagues comments that software is the ultimate key to project management success. How would you respond?

Summary Introduction

Interpretation: View of an individual on the comment that the software is the ultimate key to project management success.

Concept Introduction:

The software can only increase the speed and accuracy of the work that a man can do. The software provides the best solution there, where no manual process is possible to implement.Software Project management is the discipline of project management which includes planning, resource allocation, and scheduling.

Explanation of Solution

Project management software helps the organization in analyzing the market demand, estimating the financial reports, capital investment control, and cash flow reports. The success of project management is dependent upon the team members and team leaders. Innovative technologies play an important role in the growth and success of the organization. In the constantly changing corporate business environment, creativity and innovation is the only key to remain competitive in the market. Project managers have the responsibility of assessing the organization’s resources and managing the other activities to obtain the time and quality of the project.