Final answer:
Selecting the right project management software involves evaluating cost-effectiveness and feature set through a structured process including cost/benefit analysis and comparing how well the software supports team productivity and decision-making processes.
Step-by-step explanation:
In the field of project management, selecting the appropriate software involves a comprehensive evaluation process that typically includes cost-effectiveness and feature comparison. It is essential to justify the selection within an organization by demonstrating that the software meets the project's needs while offering a balance between performance and expenditure.
Key strategies in evaluating project management software include conducting a cost/benefit analysis, assessing the ease of integration with existing systems, and considering the ability of the software to support the decision-making processes of the team. It's crucial to avoid decisions based solely on market popularity, cost, or a single feature like report generation capability.