Relying on traditional approaches for managing projects no longer cuts it for many businesses. Thankfully, today’s sophisticated new technology allows automating this process to tick off all of its necessary aspects with less effort and potential errors. Without the support of a high-performing project management solution, many businesses are more likely to fail to deliver strategic results.

In fact, only 56% of strategic initiatives meet their original business intent and goals according to PMI. Furthermore, another study, through Gallup News, shows only 2.5% of companies successfully completed their projects.

With the many products available, choosing a project management software to implement for your business can be a daunting process. Buyers prioritize certain factors and features over the rest. For instance, its most desired factor is its functionality which is favored by 40% of users. It’s followed by ease of use with 24% while price, support, implementation training, company reputation, and software popularity come next, respectively. Nonetheless, each project team has their own purpose and motivation in selecting a PM system according to their structure and requirements.