Project Manager Online Ltd

October 11, 2010 10:01 ET

Newest Release Available for Popular Project Management Software

LA HABRA, CALIFORNIA--(Marketwire - Oct. 11, 2010) - Popular project management software, ProjectManager.com, offers new project expense tracking capabilities in its latest release.

Project Manager Online Ltd today announced the latest release of its popular web-based project management software, ProjectManager.com. The newest release allows project managers to capture project expenses which greatly enhances their ability to manage the overall costs and budget for the project.

"The project manager needs to be able to maintain tight control over the dollar flow on the project," states Jason Westland, president and CEO of Project Manager Online Ltd. "Without tight budget controls, the project costs can quickly get out of hand. Reigning the budget back in is much harder once there is an issue. We're giving the project manager control over project expenses with this new release which increases their ability to keep the project budget monitored and in control throughout the engagement."

With the new expense feature, project team members can enter expense information as expenses are incurred over the life cycle of the project. In turn, the project manager can then fully track all expenses for the entire project and ensure that they are matching up against the actual and planned budget for the project. This helps the project manager ensure that there are no surprises at the end of the project when accounting undoubtedly tries to true-up all project expenses which can take a project budget that seemed to be on target and leave it horribly in the red.

"By being able to track project expenses easily through our tool as part of the overall budget and cost of the project, the project manager safeguards the project against surprises," says Westland. "And we all know that those surprises can kill a project budget."

ProjectManager.com has experienced solid usage growth and now boasts over 20,000 users in more than 200 countries worldwide. Its ease of use and low cost has made it one of the most popular project management software tools among the small to medium sized business niche. Ease of use translates into a shorter learning curve and lower costs mean less up front expense. All of this means a more profitable situation for the small to medium sized firms looking to get a better handle on their projects.

ProjectManager.com is a low cost web-based alternative to the industry standard Microsoft Project. The cost of a single license for ProjectManager.com is a fraction of that of MS Project while still offering all of the most commonly used features. And with streamlined import and export functionality to and from MS Project, project managers can be confident that project team members, management, and customer personnel who haven't yet made the switch will be able to utilize their project files without missing a beat.

Best of all, Project Manager Online is offering their product as a free thirty day trial through their website. Project managers can test out its functionality before purchasing a license and they can even use it to manage a current project for a month to really run it through the paces before buying.

Project Manager Online frequently posts product info on their project manager blog. Go there for the latest news or to signup for a free trial or to purchase a full license, visit their website at ProjectManager.com.

Contact Information