Project System is a term that usually denotes any software products utilized to facilitate work of a project team. Any project system (aka project management system) is an example of a practical application of IT in any “tangible” industry.
In the most cases project systems may possess a variety of the following features:
- Collaboration (project information sharing) and communication (messaging);
- Scheduling project tasks, deliverables, meetings and milestones;
- Virtual environment for management (reporting, assignment, direction, interaction, etc);
- Functional interaction with other systems (work billing, sales management, etc);
- Informational security (file protection and authorized access);
- Contact management (team members, suppliers, clients, contractors, etc);
- Contract management (register of contracts, expiration dates, renewal reminders, etc);
- Time management (timeframes of individual tasks, task recurrence, reminders, etc);
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