November 24, 2006, Newsletter Issue #40: Project management tools

Tip of the Week

The most useful project management tools for business include accounting features to track actual verses estimated costs through forecast completion of a project.

When you are choosing accounting software and creating project accounting, you should allow for expense entry and project status inquiry from anywhere in the world via the internet, if at all possible.

You also want to consider features like knowledge management capacity and project managers and supervisors information; expenses can be tracked and time spend on the projects monitored. These tools will help you ensure that projects are managed with efficiency and expediency.

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