Some of the important functions of project management are-
Planning: It helps in planning the projects in a simplified way while giving an update about the performance of the past projects.
Tracking: With the help of a project tracking tool, it is easy to track the way a project is passing through the various stages of project completion.
Managing time: It also takes into account the total time which would be required by each process to fully complete the whole project. It prepares a schedule for each task in a proper manner.
Resource allocations: A project needs money to be completed. It is the project management tool which keeps a tab on the budget of the project and focuses on achieving the result in the allotted budget within the time frame.
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