Definition - What does Microsoft Project mean?
Microsoft Project is a set of tools for competent and well-organized project assistance and management. This software tool can be used to assist any sort of project from various lines of work such as construction, manufacturing, pharmaceuticals, government, retail, financial services and health care. Although developed by Microsoft, the software is not a part of the Microsoft Office suite.
Microsoft Project is also known as Microsoft Office Project.
Techopedia explains Microsoft Project
Microsoft Project is offered in standard and professional editions, depending upon the project requirements and management level. The format of a Microsoft Project file is .mpp. It is one of the most commonly used PC-based project management tools, and is designed to assist managers in tasks such as:
- Devising plans
- Setting realistic goals
- Defining resources
- Assigning tasks
- Recording progress and finances
- Monitoring workloads
- Scheduling meetings
The software includes an easy-to-use assistance wizard that guides the user throughout the course of the project from creation to resource identification, assigning tasks and obtaining final results.