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Microsoft Project is the most widely-used software tool for project management. Project managers use Microsoft Project to create and track project plans, manage schedules and resources, collaborate on projects, and analyse project information. Many people may not have realised Microsoft Project is also an ideal tool for SMEs to manage their business plans. The following tells you more about how it works. Efficiency and keeping cost under control are the keys to success for small businesses. Many of them have difficulty in finding the right tool to keep track of schedules, costs and resources in executing business plans. Consequently, they use more time, exceed budgets, overload resources and fail project deadlines. Microsoft Project is a popular project management tool and is excellent for business executives to keep track of their business plans. It is a one-stop solution for scheduling, resource allocation and costing. As a Microsoft Office member, Project has a familiar Office interface, making it easy for general Office users.