Microsoft Project: Review of Features, Benefits & Pricing
February 4th, 2025

Effective project management is essential for businesses across all industries. Whether managing large-scale construction projects, IT development, or marketing campaigns, professionals need robust tools to streamline processes, allocate resources efficiently, and ensure projects are delivered on time. One of the most recognized project management tools is Microsoft Project (MS Project).

But is Microsoft Project truly the best solution for your business? Does it justify its cost and complexity? This in-depth Microsoft Project review explores its features, advantages, disadvantages, pricing, and alternatives to help you make an informed decision.

Microsoft Project
Microsoft Project

What is Microsoft Project?

Microsoft Project is a comprehensive project management software designed for professionals managing complex projects with multiple stakeholders, dependencies, and resource constraints. It allows users to plan, schedule, assign tasks, track progress, and manage budgets within a centralized platform.

Since its launch, MS Project has been widely adopted by organizations due to its integration with the Microsoft ecosystem, powerful planning features, and ability to handle intricate project structures. However, it also comes with a steep learning curve, making it more suitable for experienced managers.

Why Should Your Business Consider Microsoft Project?

Key Advantages of Microsoft Project

  1. Support for Multiple Project Management Methodologies

    • Unlike many other PM tools that only support linear workflows, MS Project accommodates various methodologies, including Waterfall, Agile, and Hybrid approaches.
  2. Centralized and Familiar Interface

    • Its layout is similar to Microsoft Excel and Word, making it easier for Microsoft users to navigate.

    • Provides a centralized home screen to create, open, and manage projects effortlessly.

  3. Advanced Monitoring and Reporting Tools

    • Built-in reporting features help track project progress, milestones, dependencies, and critical paths.

    • Generates detailed budget analysis, cost estimates, and resource allocation reports.

  4. Automated Scheduling and Templates

    • MS Project offers automated scheduling tools, reducing the time spent on manual adjustments.

    • Pre-built customizable templates help teams quickly set up and execute projects.

  5. Gantt Charts for Visual Project Management

    • One of the most powerful Gantt chart functionalities among PM tools.

    • Allows users to adjust timelines, deadlines, and dependencies dynamically.

  6. Enhanced Budget Management

    • Users can define and track cost fields, resource expenditures, and direct/indirect costs.

    • Helps businesses monitor expenses and ensure projects remain within budget.

  7. Cloud-Based & On-Premises Options

    • MS Project is available as both a cloud-based (Microsoft 365 integration) and on-premises solution, providing flexibility based on business needs.

Disadvantages of Microsoft Project

  1. Not Beginner-Friendly

    • MS Project is complex, requiring extensive training and experience for effective use.

    • Beginners may find tools like Trello, Asana, or Monday.com easier to use.

  2. Limited Integrations

    • Unlike Jira, ClickUp, or Wrike, MS Project does not support third-party integrations with external software like Zapier or Salesforce.
  3. Steep Learning Curve

    • Due to its advanced functionalities, onboarding new team members can be time-consuming.
  4. High Cost for Large Teams

    • MS Project's pricing is expensive for organizations requiring multiple licenses.

    • Small businesses may struggle to justify the cost.

Microsoft Project Key Features

1. Role Assignment & User Permissions

  • Users can assign roles and access levels to manage permissions effectively.

  • In on-premises versions, SharePoint integration allows for better team collaboration.

2. Gantt Charts & Timeline Views

  • Gantt charts enable real-time tracking of dependencies, timelines, and project phases.

  • The timeline view provides a high-level overview of project milestones.

3. Task Dependencies & Resource Allocation

  • Users can define task dependencies and track workloads to optimize efficiency.

  • Automatic dependency adjustments allow for flexible project scheduling.

4. Budgeting & Cost Management

  • Allows businesses to create itemized budgets, track expenses, and calculate profitability.

  • Automated tracking helps prevent overspending.

5. Kanban Board View

  • Supports Kanban-style workflows for teams preferring visual task management.

6. Auto-Scheduling & Workflows

  • The auto-scheduling feature helps streamline task prioritization and milestone adjustments.

7. Subprojects & Master Project Integration

  • Large projects can be broken down into subprojects for better tracking and organization.

Microsoft Project Pricing

MS Project offers cloud-based and on-premises pricing options:

Cloud-Based Plans

  • Project Plan 1: $10/user/month (Basic PM tools, grid, Gantt, and board views)

  • Project Plan 2: $30/user/month (Resource management, detailed reporting, roadmapping)

  • Project Plan 3: $55/user/month (Includes portfolio management, advanced analytics)

On-Premises Licensing (One-Time Payment)

  • Project Standard: $679.99 (Basic features, task management, and reports)

  • Project Professional: $1,129.99 (Full feature set, resource management, timesheets)

  • Project Server: $7 - $30/user/month (Subscription-based enterprise solution)

Security & Privacy

Microsoft Project adheres to enterprise-grade security standards, including:

  • Cloud Data Protection: Integrated with Microsoft 365 security policies.

  • Access Control: Administrators can set user permissions and data-sharing rules.

  • Two-Factor Authentication: Ensures enhanced data security.

Customer Support & Usability

  • Extensive knowledge base with tutorials and official guides.

  • Support available through Microsoft 365 customer service.

  • Community forums provide additional troubleshooting support.

Final Verdict: Is Microsoft Project Worth It?

Who Should Use Microsoft Project?

  • Enterprise companies managing large-scale projects.

  • Experienced project managers needing advanced resource planning tools.

  • Medium-to-large businesses requiring structured PM software.

Who Should Look for Alternatives?

  • Small businesses & startups (better options: Trello, Asana, ClickUp).

  • Teams needing extensive integrations (better alternatives: Monday.com, Jira).

Verdict: If you require robust project planning, in-depth tracking, and budget control, MS Project is an excellent investment. However, smaller teams may find it too expensive and complex for their needs.

Source: Microsoft Project Review | Features, Advantages, and Prices!

Don’t forget to explore our previous post: Templates, Tips, and Insights for an Effective Weekly Report

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