Salient features of a project management ERP software

In a fast-paced marketplace, the only way to grow your business efficiently is to run it seamlessly using automated solutions like ERP software. In the last few years, businesses have witnessed a technological resurgence in the project management processes. Therefore, project management ERP software became crucial for aligning various management processes in a project.

Salient features of a Project Management Software-

• Planning of projects
• Project administration and proper control
• Planning of the project proceeding to make sure the seamless availability of resources and to avoid time-wastage and resource leakage
• Ensure project security and resource visibility
• Managing resources of the project end-to-end
• Defining, recording, and tracking all key resources including men and machines required in the project
• Managing access rights for the team involved in the project to confirm user-level security and protect unauthorized access
• Defining multiple jobs of a project effectively with a scheduled sequence of execution
• Recording and tracking of details regarding the project progress, performance, and milestones covered
• Analyzing and recognizing the risks and issues involved in the project and dealing with them predictably
• Defining project budget effectively
• Effectively classifying cost centers
• Recording account-based project expenses and revenues along with the consolidated budget of the project...