What Is The Most Popular Project Management Software?

In the fast-paced world of business, efficient project management is crucial for success. Choosing the right project management software can make all the difference in ensuring projects are completed on time and within budget. Just to solve this problem, we have discussed below the top project management software available in 2024, that will help you to choose the right one for you.

Project Management Software – Key Takeaways

Understanding what project management software is.
Learning why businesses use project management software.
Getting insights into some best project management software of 2024.

What Is Project Management Software?

Project management software, also known as PM software, is an online tool that helps teams to collaborate on projects. It allows everyone involved in a project to log in, see their tasks, and track their progress. Team members can add notes and details about their work, and with the right permissions, they can also view the status of other tasks and team member’s activities.

For project managers and stakeholders, the software provides a clear overview of the project’s status. It shows if tasks are on schedule and how delays might impact other parts of the project. Additionally, it can help manage resources by showing who is available to take on urgent tasks. it also monitors whether the project is staying within budget.

The best project management tools offer varying levels of visibility for different users. For example, a project manager might allow clients to see overall progress without revealing detailed task comments or internal notes. This flexibility ensures that everyone has the right amount of information needed for their role while maintaining necessary privacy and control over the project’s details.

Why Should Businesses Use Project Management Software?

Project management software offers a range of features that help businesses to plan, execute, and monitor their projects efficiently. Here are some key things you can do with project management software:

Task Management: Create, assign, and prioritize tasks. Each team member can see what they need to do and by when. Tasks can be broken down into subtasks, and dependencies can be set to ensure a proper sequence of work.
Project Planning: Develop detailed project plans with timelines, milestones, and deadlines. Gantt charts and other visual tools help in mapping out the entire project from start to finish.
Collaboration: Team members can communicate through comments, share files, and update task statuses in real-time, which helps in keeping everyone on the same page and fostering collaboration.
Resource Management: Allocate resources effectively by assigning tasks to team members based on their availability and workload. This helps in avoiding overburdening any single team member and ensures efficient use of resources.
Progress Tracking: Monitor the progress of tasks and the overall project. Dashboards and progress bars provide visual indicators of what’s on track and what’s falling behind.
Budget Management: Track project expenses and manage the budget. This includes monitoring costs against the planned budget to ensure the project stays financially effective.
Reporting: Generate various reports to analyze project performance, resource utilization, and budget. These reports can be shared with stakeholders to keep them informed.

Best Project Management Software

SNo.	Project Management Software.
1.	Gantt Pro
2.	Teamwork
3.	Zoho Projects
4.	Ciloxis
5.	Liquid Planner
6.	ProofHub
7.	Redmine
8.	Smartsheet
9.	TeamGantt
10.	Wrike

Deeper Insights On Best Project Management Software

1. Gantt Pro

GanttPRO is a fantastic project management software for beginners. It’s particularly well-suited for small teams looking to stay organized and complete projects efficiently, even if they don’t have a dedicated project manager. However, GanttPRO lacks customizable reports and dashboards, which might be a drawback for larger teams that need more advanced features.

PROS	CONS
Best suited for Beginners.	No customizable tools are available for customizing reports and dashboards.
Simple and easy-to-use interface.	Light on Integrations.

2. Teamwork

Teamwork is a user-friendly project management software ideal for small businesses, especially those working with clients. It helps you organize tasks, track project progress, and manage team collaboration. Teamwork also includes billing and invoicing features, making it easy to monitor hours worked and generate accurate invoices. Its video tutorials are great for beginners, ensuring you can quickly learn how to use the tool effectively.

PROS	CONS
Simple and Interactive Design	No image or PDF markup tool
Billing and Invoicing features
Video Tutorials for beginners

3. Zoho

Zoho Project Management software is a user-friendly tool for organizing and managing projects. It helps teams collaborate, assign tasks, set deadlines, and track progress easily. With features like task lists, Gantt charts, and time tracking, Zoho keeps projects on schedule and ensures everyone stays informed. It also offers collaboration tools like file sharing and team chat. Overall, Zoho Project Management simplifies project workflows and improves team efficiency.

PROS	CONS
Easy to set up and navigate.	Does not Include templates.
Strong tracking tools are available.	The resource management view is unusual.

4. Celoxis

Celoxis is a project management software that helps teams to stay organized and productive. It offers features like task management, project planning, collaboration tools, and reporting. With Celoxis, teams can create and assign tasks, set deadlines, track progress, and communicate effectively. The software also provides visibility into project timelines, budgets, and resource allocation, making it easier to manage projects from start to finish. Celoxis is user-friendly and can be customized to suit different project management needs, making it a valuable tool for teams looking to improve their project management processes.

PROS	CONS
Includes budgeting tools to keep track of financial activity.	No free version is available.
Contains Customizable and user-friendly tools.	No billing or invoicing feature.
New and unique tools are available to make effective decisions.	No proofing tools are available.

5. LiquidPlanner

LiquidPlanner is a project management tool designed to help teams plan and manage projects easily. It uses simple features like task lists and timelines to organize work and track progress. One of its strengths is its flexibility, allowing teams to adapt plans as needed without disrupting the workflow. It also offers collaboration tools like file sharing and comments to keep everyone on the same page. LiquidPlanner is suitable for teams of all sizes and industries, making project management straightforward and accessible.

PROS	CONS
Projects best-case and worst-case scenarios.	Not a beginner-friendly software as it takes time to set up and requires prior learning to use it.
Good and effective tools for time tracking.	No milestones features are available.
Automated scheduling.	Gantt charts are not interactive.

6. ProofHub

ProofHub is a user-friendly project management software that helps teams to collaborate effectively. It offers tools for task management, team communication, file sharing, and time tracking. With ProofHub, teams can create tasks, assign them to team members, and track progress easily. The software includes features like calendars, discussions, and file storage, making it a comprehensive solution for project management. ProofHub simplifies team collaboration, streamlines workflows, and helps teams stay organized and productive.

PROS	CONS
Easy to use and set up.	Does not have a budgeting tool.
Have features like- calendars, File storage, etc.	Sometimes takes time to load.
A perfect blend of User friendly are feature-rich.

7. Redmine

Redmine is a project management software that helps teams to organize and track their projects efficiently. It offers tools for creating tasks, setting deadlines, and assigning responsibilities to team members. With Redmine, you can easily collaborate with your team, share files, and communicate through comments. It also provides features for tracking project progress, generating reports, and managing workflows. Redmine is user-friendly and customizable, allowing you to adapt it to your specific project needs. Overall, Redmine is a reliable and efficient tool for managing projects of all sizes.

PROS	CONS
Free to use	Requires self-maintenance.
Opensource Software system.	Does not provide back-end support.
Customizable according to user’s needs.	Not suitable for startups and small businesses.

8. SmartSheet

Smartsheet is a software that helps teams to organize and track their work. It’s like a supercharged spreadsheet with added features for task management and collaboration. With Smartsheet, you can create project plans, assign tasks to team members, set deadlines, and monitor progress in real-time. It’s easy to use and can be customized to fit your team’s specific needs. Plus, it integrates with other tools like Microsoft Office, Google Workspace, and Slack, making it a versatile choice for streamlining workflows.

PROS	CONS
Customizable according to user’s needs.	Pages don’t get updated in real-time.
Supports integration with other popular tools.	Lacks invoicing tool.

9. TeamGantt

TeamGantt is a user-friendly software that helps teams to plan and execute projects efficiently. It uses Gantt charts to visualize tasks, timelines, and dependencies, making it easy to see the project’s progress at a glance. Team members can collaborate, assign tasks, and track progress in real-time, improving communication and productivity. With features like drag-and-drop functionality and customizable views, TeamGantt simplifies project planning and management for teams of all sizes.

PROS	CONS
Provides feature of building interactive Gantt Chart.	Reports are average.
Automatic dependency correction feature.	No Budgeting or invoicing feature is available.
Easy to use.

10. Wrike

Wrike is a project management software that helps teams to stay organized and collaborate effectively. It offers tools for task management, scheduling, and team communication, all in one place. With Wrike, you can create tasks, assign them to team members, set deadlines, and track progress easily. The software allows for real-time updates and collaboration, making it simple to work together on projects. Its user-friendly interface and customizable features make it suitable for teams of all sizes and industries.

PROS	CONS
Modern and easy-to-use Interface.	Does not have strong budgeting and invoice tools.
Can manage ongoing work and projections simultaneously.
Inbuilt warning systems when projections are at risk.

Project Management Software FAQs

What is project management software?

Project management software is a tool basically designed to help businesses in planning, organizing, and managing projects. It supports the management of project tasks, schedules, resources, and documentation to ensure projects are completed on time and within budget.

What is the cost range for project management software?

The cost of the software can vary widely, from free basic plans to premium plans costing hundreds of dollars per month, depending on the number of users, features, and level of support required.

How secure is project management software?

Security of the software basically depends on the provider. Look for software that offers strong security features such as data encryption, user authentication, regular security audits, and much more.