Answer:
Please see the detail below
Step-by-step explanation:
Project management software provides a detailed and accurate report to track and complete any project that is underway.
Many of the tools that are included in this kind of software will help budgeting, time management, and resource allocation. This kind of software can also calculate the cost of the projects in relation to the time it takes to complete them. For example, if there are five employees that need to complete a task that should only take them one day to complete, but a delay was caused because one of the employees got sick and could not come for one day, and the task that should have only taken one day is now taking a day and a half to complete. The project software will calculate how much money was lost because of the extra time it took to complete the task and give an account on when the project should be completed even with the delay.
Other tools like excel or access cannot calculate these kinds of real world scenarios in an efficient way because they cannot give an account based on last minute changes.