On June 3, 2009, Microsoft announced that all of its US partners who utilize Microsoft Office Project Server 2007, will have access to share templates, project methodologies and other project-management assets associated with Office Project Server 2007 via a Web portal. They named this program, "Project for Workgroups." Project for Workgroups provides solutions built by Microsoft's partners to create enterprise project management systems. The aim is to reduce deployment costs associated with project management implementations.
There are so many aspects of Project Management to keep track of that a Manager with multiple projects must invest a great deal of time simply to follow each individual project. Depending on the number of projects running simultaneously, this process may be exceedingly time consuming. Since finding problem areas before they become critical is essential to effective Project Management, any delay could be costly.
Project Management tools that provide a global overview of all the projects in a company’s portfolio, are a time-saving solution that can positively affect the outcome of a project. Having the necessary information at the right time can make the difference between project failure and success. The right tool can also help you to leverage your resources (people, money, schedules and capacity).
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