Question

In: Operations Management

Write a report on the software package Microsoft Project or another one with which you are...

Write a report on the software package Microsoft Project or another one with which you are familiar. and Identify the advantages and disadvantages of the package as a tool for supporting the study of project management.

Solutions

Expert Solution

There is no uncertainty that one of the world's most well known project management software is Microsoft Project. Created and sold by Microsoft, it is intended to give associations and groups proficient instruments to all the more likely deal with their projects. It helps administrators in creating plans, doling out errands to individuals, following the advancement of assignments, controlling funds and calendars, conveying project data, and arranging work and labor.

In the software, administrators can utilize the Work Breakdown Structure highlight or WBS to enter the errands for a project and dole out them to explicit individuals who are alluded to as Resources. There is likewise a common asset pool that can be shared among projects where the hardware and materials can be found. These can likewise have their own schedule with the goal that clients can see when these are accessible.

As a component of the Microsoft Project bundle, a simple to-utilize help wizard can be utilized as a guide over the span of the project. This implies even amateur project supervisors can use the software from project creation and asset task to the circulation of undertakings and getting conclusive outcomes. Obviously, colleagues can work together with one another through offering records to different individuals, the utilization of a group dashboard for a diagram of the status of the project, and sharing customer information to direct the group in their work.

Microsoft Project Uses

Microsoft gained the software from another organization and since it discharged its first form in quite a while, have been intrigued by its abilities. Here are some of Microsoft Projects' employments.

Project management. The fundamental utilization of Microsoft Project is for project management. The software accompanies worked in layouts that follow industry best practices with the goal that clients make certain to begin the correct way. It likewise gives supervisors planning highlights like Gantt Charts and pre-populated draw down choices. Moreover, Microsoft Project permits clients to rapidly see all exercises that are made arrangements for a project through a straightforward the course of events.

Portfolio management. With this software, associations are better at assessing project proposition deliberately. It utilizes an institutionalized procedure where management is taken care of with point by point business cases for simple survey. Along these lines, associations can assess project thoughts from different regions in the association.

Asset management. Asset management is one of the most significant errands an association needs to do reliably. By utilizing Microsoft Project, groups have the ability to conjecture asset needs, foresee bottlenecks early, oversee asset usage, and guarantee opportune conveyance. Through Resource Engagements, clients can secure and demand assets to help guarantee that all projects are appropriately staffed.

The Cons or Disadvantages of Microsoft Project

It is desktop-introduced. It is shocking enough that Microsoft Project should be bought. Add to that, it must be introduced on a desktop PC and on Windows PC. In the present trend setting innovation where individuals are consistently in a hurry, working remotely can be testing.

It has a precarious expectation to absorb information. Project directors and their groups need to work quick, so they need to pick up utilizing the software quick. Lamentably, Microsoft Project requires concentrated preparing and experience for it to be utilized adequately. Most laymen and individuals who are not profoundly specialized think that its hard to utilize the software and amplify its highlights. It has been seen this is one reason why a decent number of little medium organizations are searching for other software that is more easy to use.

It is costly. Microsoft Project is accessible through two valuing plans – the desktop plans and the cloud-based adaptations. Since littler organizations can just bear the cost of a bunch of licenses, this may meddle with the group's ability to team up among themselves. It can likewise be an issue as far as sharing data and updates continuously with customers and partners. Concerning the cloud-based forms, these don't actually have what the desktop plans have, restricting the group with what they can do.

It has issues with similarity. Since Microsoft Project spares records in an exclusive organization, documents can't be gotten to in PCs that don't utilize a similar program of Microsoft. This implies for an administrator to have the option to send records that can be comprehended by the group and customers, the beneficiaries ought to likewise have Microsoft Project introduced on their PCs.

Its center is general. Microsoft Project can be utilized for essentially any industry, including development, pharmaceuticals, retail, government, assembling, social insurance, and budgetary administrations. In any case, it can't to explicit ones which implies that project administrators who use it may not really need it.


Related Solutions

This assignment is designed to illustrate how a software package such as Microsoft Excel supplemented by...
This assignment is designed to illustrate how a software package such as Microsoft Excel supplemented by an add-in such as PHStat can enable one to make decisions about the behavior of a single population parameter. You must provide printouts of all results of the hypothesis tests that you accomplish as you fulfill the requirements of this assignment. You should not only find the required information to make the appropriate decisions, but you also should provide explanations, in the context of...
Software Sales A software company sells three packages, Package A, Package B, and Package C, which...
Software Sales A software company sells three packages, Package A, Package B, and Package C, which retail for $99, $199, and $299, respectively. Quantity discounts are given according to the following table: Quantity Discount 10 through 19 20% ,20 through 49 30% ,50 through 99 40% ,100 or more 50% . Create a C++ program that allows the user to enter the number of units sold for each software package. The application should calculate and display the order amounts and...
HOMEWORK 1 This assignment is designed to illustrate how a software package such as Microsoft Excel...
HOMEWORK 1 This assignment is designed to illustrate how a software package such as Microsoft Excel supplemented by an add-in such as PHStat can enable one to calculate minimum sample sizes necessary in order to construct confidence intervals for both population means and proportions and to construct these types of confidence intervals. You should use PHStat in order to accomplish all parts of this assignment. You should not only find the required information, but you should explain the meanings of...
HOMEWORK 1 This assignment is designed to illustrate how a software package such as Microsoft Excel...
HOMEWORK 1 This assignment is designed to illustrate how a software package such as Microsoft Excel supplemented by an add-in such as PHStat can enable one to calculate minimum sample sizes necessary in order to construct confidence intervals for both population means and proportions and to construct these types of confidence intervals. You should use PHStat in order to accomplish all parts of this assignment. You should not only find the required information, but you should explain the meanings of...
Software Project Management course q- write a report on the topic is Resource Management? I need...
Software Project Management course q- write a report on the topic is Resource Management? I need information about this topic (Resource Management)  
Which of the following is a database client software? Microsoft SQL Server 2017 Developer Microsoft SQL...
Which of the following is a database client software? Microsoft SQL Server 2017 Developer Microsoft SQL Server Management Studio Microsoft SQL Server Configuration Manager SQL Server Analysis Service Compared to Data Warehousing approach, the following are disadvantages of query-driven data integration approach, EXCEPT: __________. competition with local processing at source delay in query processing waste of storage space inefficient and potentially expensive for frequent queries What does OLAP stand for? Olympic Linear Algebra Problem On-Line Amazon Platform On-Line Analytical Processing...
Computer Nerds, Inc., is planning a project to develop a commercial software package for PC’s. They...
Computer Nerds, Inc., is planning a project to develop a commercial software package for PC’s. They have come up with the following list of activities, times and precedence relationships.                                                                                           Immediate             Activity Time Symbol           Activity Description                                    Predecessors              (weeks)             P           Perform market survey                                        ––                         3            D            Design graphic icons                                          P                           4            F             Develop flow chart                                             P                           2            S             Design input/output screens                                D, F                      6            U            Code Module 1                                                  F                           5            V            Code...
Write a 1,500 word report in which you analyse the investment decisions and project risks for the new...
Write a 1,500 word report in which you analyse the investment decisions and project risks for the new petroleum discovery in Nigeria. What are the operational uncertainties that impact on your investment decisions? How will the demand and supply of contracting markets impact project viability? What are the main risks of the project, and how will this impact on stakeholders? What ownership, financing configurations and credit rating issues are envisaged?
Use MegaStat, MINITAB, or another software package to perform Tukey’s test for significant pairwise differences. Perform...
Use MegaStat, MINITAB, or another software package to perform Tukey’s test for significant pairwise differences. Perform the test using both the 5 percent and 1 percent levels of significance. One particular morning, the length of time spent in the examination rooms is recorded for each patient seen by each physician at an orthopedic clinic. Time in Examination Rooms (minutes) Physician 1 Physician 2 Physician 3 Physician 4 35 33 16 28 22 38 32 35 29 35 31 32 32...
Use MegaStat, MINITAB, or another software package to perform Tukey's test for significant pairwise differences. Perform...
Use MegaStat, MINITAB, or another software package to perform Tukey's test for significant pairwise differences. Perform the test using both the 5 percent and 1 percent levels of significance. One particular morning, the length of time spent in the examination rooms is recorded for each patient seen by each physician at an orthopedic clinic. Chart: Time in Examination Rooms (minutes) Physician 1 Physician 2 Physician 3 Physician 4 34   33 17 28 25   35 30 33 27   31 30 31...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT