Microsoft Project
Microsoft Project offers tools for more efficient project management. It can be used in a variety of industries including health care , manufacturing, pharmaceuticals, government, financial services and construction. Microsoft Project is a software application that provided project management tools to manage projects. The programs, which has many different version, allows us to :
- understand and control project schedules and finances
- communicate and present project information
- organize work and people to make sure that project are completed on schedule
The application is designed to assist project managers in developing plans, assigning resources to tasks, tracking progress, managing budgets and analysing workloads.
Resource definitions (people, equipment and materials) can be shared between projects using a shared resource pool. Each resource can have its own calendar which defines what days and shifts a resource is available. Resource rates are used to calculate resource assignment costs which are rolled up and summarised the resource level.
Each resource can be assigned to multiple tasks in multiple plans and each task can be assigned multiple resources. Microsoft Project schedules task work based on the resource availability as defined in the resource calendars. All resources can be defined in an enterprise resource pool.
Microsoft Project creates budgets based on assignment work and resource rates. As resources are assigned to tasks and assignment work estimated, Microsoft Project calculates the cost equals the work times the rate. This rolls up to the task level, then to any summary tasks and finally to the project level.