Microsoft schedules Project update

C|Net | at | by Mike

Microsoft hopes to make project management a substantial part of office routines with a new version of software announced Wednesday. Microsoft Office Project 2003 can be used with other applications in the upcoming version of the company's market-leading Office productivity package, making it easier for office workers and managers to keep track of large-scale projects, said Giovanni Mezgec, group product manager at Microsoft.

The new application is Microsoft's entry into the developing market for project management software, which managers use to herd assignments involving multiple stages and co-workers. Typical tasks for such software include reminding workers when a certain piece is due and compiling time-line and budget estimates based on the complexity of the effort.