Project management software
“Project Management Software” is a tool/technique for the process “Estimate Activity Resources”.
Project management software, such as a scheduling software tool, has the capability to help plan, organize, and manage resource pools and develop resource estimates. Depending on the sophistication of the software, resource breakdown structures, resource availability, resource rates, and various resource calendars can be defined to assist in optimizing resource utilization.
“Project Management Software” is a tool/technique for the process “Control Schedule”.
Project management software for scheduling provides the ability to track planned dates versus actual dates, to report variances to and progress made against the schedule baseline, and to forecast the effects of changes to the project schedule model.
“Project Management Software” is a tool/technique for the process “Estimate costs”.
Project management software applications, computerized spreadsheets, simulation, and statistical tools are used to assist with cost estimating. Such tools can simplify the use of some cost-estimating techniques and thereby facilitate rapid consideration of cost estimate alternatives.
“Project Management Software” is a tool/technique for the process “Control costs”.
Project management software is often used to monitor the three EVM dimensions (PV, EV, and AC), to display graphical trends, and to forecast a range of possible final project results.
This definition was found in the PMBOK V5
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