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What is the role of the PMIS in project management? Discuss the applications and benefits of...

What is the role of the PMIS in project management?

Discuss the applications and benefits of web-based project management.

Discuss the uses of the PMIS throughout the phases of the project life cycle.

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Answer #1

The role of the PMIS in project management involves:

· Scheduling of the activities = The software helps to schedule activities as per precedence and sets up a deadline for the information so that project duration is not impacted. It also helps to build Gantt chart and highlights the critical path

· Estimation = The PMIS helps to estimate the cost of the entire project by assign price for individual activities. Also, it tracks the cost of the project on real time basis to raise red flags if any

· Resource estimation = The PMIS helps to estimate the resources required basis task duration and dependencies. It helps to plan in advance for resources

· Documentation = The PMIS helps to generate all the reports and acts as a repository for future reference

· Dashboards = The PMIS helps to publish dashboard on key performance parameters. It is required to track performance and take timely actions

· The PMIS also provides collaborative tools wherein team members can work simultaneously on same piece of document which saves time and energy

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