Final answer:
Trello is the best application suited for project development, tracking progress, and budget management. It provides a visual interface, allows collaboration with team members, and offers features like due dates and task organization.
Step-by-step explanation:
The best application suited for project development, tracking progress, and budget management is Trello. Trello is a project management application that allows users to create boards, lists, and cards to organize tasks, track progress, assign team members, and set due dates. It provides a visual interface that makes it easy to see the overall status of a project, collaborate with team members, and manage budgets effectively.
Unlike applications like Microsoft Word, Adobe Photoshop, and Microsoft Excel, which are designed for different purposes, Trello is specifically built for project management. It allows users to create to-do lists, add due dates, attach files and images, and leave comments on specific tasks. This makes it a versatile and efficient tool for project development, progress tracking, and budget management.