The High Cost of Microsoft Project: Is it Worth it?

「 PROJECT MANAGEMENT 」 March 02, 2023

The High Cost of Microsoft Project: Is it Worth it?

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The High Cost of Microsoft Project: Is it Worth it?

Microsoft Project is a project management software used by project managers and teams to plan, track, and manage projects. The software is widely used and well-regarded, but it comes with a high cost. In this article, we’ll explore the cost of Microsoft Project, the features it offers, and whether or not it is worth the price.

What is Microsoft Project and What Does it Offer?

Microsoft Project is a project management tool that helps project managers and teams plan, track, and manage projects. It is a comprehensive software that offers a wide range of features, including:

  • Gantt charts for visualizing project schedules
  • Task management
  • Resource management
  • Time tracking
  • Budgeting
  • Collaboration and communication tools
  • Customizable reports and dashboards

Microsoft Project is widely used in the project management industry, and it is considered a top-tier project management tool.

The Cost of Microsoft Project

Microsoft Project comes with a high cost, and there are several pricing options available. The cost of Microsoft Project depends on the version you choose and the number of users you need.

  • Microsoft Project Professional: $1,010 per user, per year
  • Microsoft Project Standard: $620 per user, per year
  • Microsoft Project Online Professional: $30 per user, per month
  • Microsoft Project Online Premium: $55 per user, per month

These prices can quickly add up for large teams or organizations. For example, if a company has 100 employees who need to use Microsoft Project, the cost could be upwards of $100,000 per year.

Alternatives to Microsoft Project

There are many alternatives to Microsoft Project that offer similar features at a lower cost. Some popular alternatives include:

  • Trello: a simple, visual project management tool that is free for small teams and starts at $9.99 per user, per month for larger teams.
  • Asana: a comprehensive project management tool that is free for teams of up to 15 users and starts at $9.99 per user, per month for larger teams.
  • Smartsheet: a spreadsheet-based project management tool that starts at $14 per user, per month.

These alternatives offer many of the same features as Microsoft Project, but at a lower cost.

GanttPRO: An Online Gantt Chart Tool

GanttPRO is an online Gantt chart tool that offers a wide range of features and a simple, user-friendly interface. It is designed for both project managers and teams, and it offers many of the same features as Microsoft Project, including:

  • Gantt charts for visualizing project schedules
  • Task management
  • Resource management
  • Time tracking
  • Budgeting
  • Collaboration and communication tools
  • Customizable reports and dashboards

GanttPRO starts at just $9.99 per user, per month, making it a much more affordable option than Microsoft Project.

Conclusion

In conclusion, Microsoft Project is a comprehensive project management tool that offers a wide range of features. However, its high cost can be a barrier for many teams and organizations. Alternatives such as Trello, Asana, and Smartsheet offer many of the same features at a lower cost,while GanttPRO offers a similar feature set at an even more affordable price.

Ultimately, the decision of whether or not to use Microsoft Project comes down to the specific needs and budget of each team or organization. It is important to carefully evaluate the features offered by different project management tools, as well as their costs, to determine which one is the best fit.

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Augusta Ponce

Augusta Ponce was born in Guadalajara, Mexico, and later moved to the United States with her family when she was a teenager. She grew up in a tight-knit family in Southern California and obtained her bachelor's degree in business administration from the University of California, Los Angeles (UCLA). Augusta began her career in project management at an engineering firm in Los Angeles. She quickly rose through the ranks and eventually landed a position as a project manager at GlobalTech, a multinational technology company. During her time at GlobalTech, Augusta successfully managed several software development projects and was recognized for her exceptional leadership skills. Augusta then moved on to become a project manager at ProConstruct, a leading construction company. There, she managed various construction projects ranging from small-scale renovations to large-scale commercial buildings. Augusta's ability to manage projects efficiently and effectively earned her a reputation as a top project manager in the industry. Currently, Augusta works as a project manager for a large healthcare company called HealthWorks. In this role, she is responsible for managing a team of project managers and ensuring that all projects are completed on time, within budget, and to the satisfaction of the company's stakeholders.
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