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The Historical Evolution of Online Project Management Software

The Great Pyramids of Egypt are one of the few brilliant examples of project engineering and management in historical times. It took the efforts of millions of people to complete the huge project of The Great Wall of China. Considering the world’s most fascinating projects, here is a breakdown of the specialty fields in project management.

• Planning
• Work and time scheduling
• Cost estimation
• Change implementation
• Resource allocation

Project Management during the Rise of the Internet Era

The core concept of internet is based on accessibility. The concept of implementing online project management software/techniques began soon after the rise of internet during 1990s. The first project management system was created by Oracle and Artemis in 1977. These project managers were one-step resolution systems. In 1988, the two-step project managers were introduced with an added benefit of Earned Value Management. In 1995, a study conducted on online project management software revealed that the task management software is well-suited for decision-making, and successful planning activity. In 1996, PRINCE2 was introduced, which was a seven-step project management system for complex projects.

The concept of E-commerce was introduced in early 2000. The developers became more interested in developing online business management systems, which gave birth to the idea of online project management software. In 2001, the first Agile Task Management software was created. By 2006, people became capable of value, resource, task, and cost management in online project management software.

SaaS and Cloud-Based

SaaS or Software-As-A-Service emerged as project management support system in 2008. Just after one year, the US News announced that SaaS has become one of the most demanded skills. The first mobile project management app was introduced in 2012.

Key Purposes of Modern Task Management Software

The modern day online project management software serve many purposes. The key purposes include:

• Project planning and scheduling
• Communication and resource/document accessibility
• Task assigning
• Resource allocation
• Task scheduling
• Cost calculation
• Anticipated cost of project and the difference
• Anticipated time of project completion and the difference
• Employee performance monitoring
• Employee training
• Flexible agile operations
• Equal top-bottom distribution of information
• Minimum upfront cost
• Reliability
• Task reporting and automated planning
• Prioritizing the tasks
• Data security

The Future of Online Project Management Software

The online task management software applications have enabled the project managers to expand their vision and get their hands on complex projects. The algorithm of online project management software will also become complex with the passage of time. The business structures will expand, pushing the boundaries towards countries with lower labor costs. This will lead to the expansion of cloud support systems.

An organization can make the most of online project management software by training the project managers and making the software applications handy for them. The project managers can adapt and implement changes using task management software systems.