Many small business owners believe that project management is only crucial for large companies. However, project management is essential for any company concerned with achieving its objectives.
Project management is the structure of tasks and responsibilities that organizes teams to execute day-to-day operations, customer projects, and long-term business strategies.
According to a 2020 study by the Project Management Instituteonly 46% of companies stress the importance of a project management culture within their organization.
Small business owners should consider investing in a project management tool because they’re inexpensive, easy to use, great for beginners, and can be an incredible time saver. A study of PwC found this 77% high performing teams use good project management software.
Using project management software can help your business stay on project scope and budget, leverage agile control, empower team members, mitigate risk, and deliver practical information for future projects.
5 of the best software to use in project management
There are dozens of software programs that can help you excel at project management. We’ve identified five of the best for small businesses that are affordable and effective.
A Gantt chart is a tool that displays tasks against a timeline for completing them. It combines planning and scheduling in a convenient and interactive visual chart. Gantt charts are essential for small and large businesses.
TeamGantt is an effective online Gantt chart maker, planner and manager. The free version is perfect for beginners learning how to effectively manage projects in a small business. The Gantt chart owner can also invite new members to work on the same planner or chart. There are three price levels. The Lite plan is $19 per manager but has limits, unlike the Pro membership plan, which costs $49 per month. Small business owners can invest $100 per month per manager for unlimited tasks, projects, and collaborations.
LiquidPlanner is another efficient and easy to use software tool. This program also alerts the project manager when the system detects errors or production slowdowns. The strengths of this software are automation and an advanced analysis system.
For pricing, business owners can start with a free trial. After the free trial ends, there are three monthly subscriptions. The basic membership is $15 per month, while the pro membership is $25 and is the most popular. The most expensive plan is $35 per month and is perfect for small businesses with a high volume of projects.
Most jobs are now entirely remote and online. The best part about Wrike, a fantastic project management tool, is that managers can schedule management tasks remotely. Wrike also uses simple custom workflows to create unique project management plans for any industry.
With over 20,000 customers worldwide, you can’t go wrong with Wrike. This beneficial project management tool also has a free version that starts at $9.80 per month for fast-growing small businesses. Although Wrike is great software, it is not for beginners and comes with a learning curve.
Teamwork is the source of a dream job. Project management is all about collaboration, which is perhaps why this software uses its name. It’s perfect for client work and for balancing multiple projects at once.
The software runs an analysis to examine the risks of completing the project on time. It also tracks time and tasks using easy-to-read charts and graphs. Teamwork is free, but if you want to upgrade your account, the monthly fee starts at $10 and ends at $18.
Asana is great for goal setting and tracking. In minutes, your project can be organized and programmed in easy-to-use software. One of the main strengths of this tool is its diversity. It is an all-in-one project management tool that combines emails, spreadsheets and tasks.
There are three membership plans starting with the Basic, which costs nothing. However, if you’re a fast-growing business, it might be best to look at the other membership plans that cost $10.99 and $24.99 per month.
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