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Project Professional 2020: Buy or Not to Buy?

Project management software can help businesses of all sizes plan, track, and deliver projects more efficiently and effectively. Microsoft Project is one of the most popular and powerful project management tools on the market, used by millions of people worldwide. The latest version, Project Professional 2020, offers many new and improved features that can give you more control and insight into your projects. But is it worth buying? Let's explore some of the pros and cons of Project Professional 2020.

Pros:

1. Improved collaboration: Project Professional 2020 allows you to share project timelines, resources, and status updates with your team members and stakeholders more easily and securely. You can use built-in communication tools, such as Skype for Business or Teams, to conduct virtual meetings or chats. You can also use SharePoint or OneDrive to store and share project files online.

2. Better resource management: Project Professional 2020 provides more robust resource management tools, such as the Capacity Heat Maps, which enable you to see at a glance who is available and who is overallocated. You can also use the Team Planner to quickly assign or reassign tasks to team members by dragging and dropping.

3. Enhanced task scheduling: Project Professional 2020 offers more flexible and customizable scheduling options, such as the Task Path feature, which lets you see the critical path of a project and identify potential delays or bottlenecks. You can also use the Timeline View to create high-level, visually appealing Gantt charts and milestones.

4. Advanced reporting and analysis: Project Professional 2020 includes more than 50 built-in templates for creating various reports, such as burndown charts, resource utilization reports, or budget reports. You can also use the new Excel-like data grid to filter, sort, and group project data dynamically. Moreover, you can run what-if scenarios or risk analyses to simulate different project scenarios and assess their impact.

Cons:

1. Price: Project Professional 2020 is not a cheap piece of software, and its pricing varies depending on your licensing options and requirements. For instance, if you opt for a perpetual license, you'll have to pay a one-time fee of several hundred dollars. If you choose a subscription-based model, you'll have to pay a monthly or yearly fee, which can add up over time.

2. Complexity: Project Professional 2020 is a feature-rich and versatile tool, but it can also be daunting and overwhelming if you're new to project management or not familiar with Microsoft Office applications. You'll need to invest some time and effort in learning how to use the software effectively, especially if you want to customize it to your specific needs.

3. Compatibility: Project Professional 2020 is not always backward or forward compatible with other versions of Microsoft Project or Project Online. If you need to collaborate with other project managers or stakeholders who use different versions or tools, you may face some compatibility issues or data loss.

Conclusion:

In summary, Project Professional 2020 is a robust and powerful project management software that can benefit businesses and organizations in many ways. However, it's not a one-size-fits-all solution, and you should evaluate your specific needs and goals before deciding whether to buy it or not. Some factors to consider are your budget, your team's size and skills, your project complexity and scope, and your current IT infrastructure. You can also try a free trial or demo of Project Professional 2020 to see how it works and how it fits your requirements.

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