Write two or three paragraphs in which you describe the most ...

[asd123]

Write two or three paragraphs in which you describe the most important functions to look for in a project management software package.

Question 2

In two or three paragraphs, outline the benefits of using an incubator (internal or external) to launch an online business implementation.

[Missbam101]

Answer to Question 1

Commercial project management software products, such as Oracle Primavera and Microsoft Project, give managers an array of built-in tools for managing resources and schedules. The software can generate charts and tables that show, for example, which parts of the project are critical to its timely completion, which parts can be rescheduled or delayed without changing the project finish date, and where additional resources might be most effective in speeding up the project.
In addition to managing the people and tasks of the internal team, project management software can help the team manage the tasks assigned to consultants, technology partners, and outsourced service providers. By examining the costs and completion times of tasks as they are completed, project managers can learn how the project is progressing and continually revise the estimated costs and completion times of future tasks.

Answer to Question 2

An incubator is a company that offers startup companies a physical location with offices, accounting and legal assistance, computers, and Internet connections at a very low monthly cost. Sometimes, the incubator offers seed money, management advice, and marketing assistance as well. In exchange, the incubator receives an ownership interest in the company, typically between 10 percent and 50 percent.