Microsoft Project Review: Pricing, Pros and Cons (2024)

As we mentioned earlier, pricing starts at $10 per user, per month for Project Plan 1. This pricing tier supports team member collaboration and coauthoring, multiple project management views, the web app, and cloud saves.

That starting price is admittedly a bit high, particularly with other comparable options like ClickUp’s pricing starts from $7 per user, per month. monday.com is also cheaper, starting from $8 per user, per month,as are pricer project management tools like Asana and Wrike.

The next tier is Project Plan 3 for $30 per user, per month. This pricing tier adds road mapping, a desktop client, the ability to submit timesheets, resource allocation optimization, and portfolio reports. This is three times the price of Monday.com’s Standard Projects plan, and it doesn’t contain as many data display tools, or features that aid with granular task management.

Finally, Project Plan 5 costs an eye-watering $55 per user per month. This plan adds portfolio selection and optimization, the ability to manage demand, and resource planning and management features. However, this is more than twice the price of Wrike’s Business plan ($24.80 per user, per month) which has excellent security and employee resource management features.

As well as a cloud-based project management solution, Microsoft sells Project as an on-premises solution, starting at $679 per PC for Project Standard, which doesn’t sync with an online project server. Project Professional starts at $1,129 per PC and does support online collaboration.

However, with the demand for flexible working so high, the business world is certainly moving increasingly towards cloud-based project management solutions and away from on-premise options, and we’d recommend jumping on the bandwagon.

Is Microsoft Project Free?

No – unfortunately, there is currently no free version of Microsoft Project. You’ll have to choose one of the three plans currently offered by the tech giant if you’re on the hunt for native, Microsoft-themed project management software.

However, you can take advantage of a 30-day free trial if you’d like to find out whether the software really is up to muster. You’ll need to provide a credit or debit card when you sign up, however, which you don’t need to try out monday.com.

Microsoft Project Review: Pricing, Pros and Cons (2024)

FAQs

What are the disadvantages of Microsoft Project? ›

It can be a complex and time-consuming tool to learn and use effectively. It can be expensive for single users or small teams. Compatibility issues can arise if team members are using different versions or tools. It may not be suitable for very small or simple projects.

Is MS Project being phased out? ›

We remain deeply committed to providing the full support you need and expect, so you can continue to use and invest with confidence in Microsoft Project. There is no date to limit the functionality of Project Online at this time, but we encourage customers to plan their transition as soon as possible.

How much does Microsoft Project cost? ›

Microsoft Project Pricing and Plans
Project Plan 1Project Standard 2021
Starting Price$10 per user per month$679.99 per license
Cloud-BasedX
On-PremisesX
ViewsGrid, Board, GanttGrid, Gantt
4 more rows
May 1, 2024

Is MS Project worth it? ›

The learning curve is steep, especially compared to more beginner-friendly tools out there. But if you need an advanced solution for project management at scale, you should definitely consider MS Project. It's generally a better choice for medium to large organizations with a highly experienced project manager.

What are the limitations in Microsoft Project? ›

Project limitations
FieldLimit
Maximum total tasks for a project1,500
Maximum total duration for a project3,650 days (10 years)
Maximum total resources for a project300
Maximum total links (successor only) for a project600
2 more rows
Jun 24, 2024

Is Microsoft Project not included in Office 365? ›

Microsoft Project is not included in standard Microsoft 365 subscriptions. It is sold as a stand-alone application, which means you need to purchase a separate subscription to use it.

Do Project Managers use MS Project? ›

Project Guide allows Project Managers to streamline the process of creating projects, keeping track of tasks, and reporting results. In terms of reporting, Microsoft Project provides Project Managers with a simple way to keep track of the amount of work that's been finished on a project and how much is left.

Why is MS Project better than Excel? ›

Excel is excellent for solo work or simple projects, but complex tasks require more muscle. Project management software offers seamless collaboration, clear data views, and advanced analytics. These tools keep teams informed, organized, and focused on success.

Does Google have a project management tool? ›

Google does not have a dedicated project management tool. However, that does not mean you can't do project management in Google. By layering multiple google project management tools, you can get something with similar functionality to top project management tools like Asana or Click Up.

Is there a way to get Microsoft Project for free? ›

It's important to note that MS Project is not typically available for free. It is a premium software and requires a valid license to install and use. Microsoft does offer a trial version of the software which users can use free for a limited time, usually 30 days.

Do I need to pay for Microsoft Project? ›

Project Professional has a perpetual license. Once activated, the software will not expire. Use of the Project Online desktop client requires an active Project Plan 3 or Project Plan 5 subscription.

How does MS Project calculate actual cost? ›

As actual work or actual cost is reported on the assignment, Project calculates the cost by adding the actual cost to the remaining cost. Cost is calculated from the Standard Rate, Overtime Rate, Per Use Cost, and Cost accrual settings for the resource and the amount of work assigned to the resource for the task.

What is the difference between MS Project and MS Project Pro? ›

While the Microsoft project standard provides essential project management tools suitable for individual users and small teams, the Microsoft project professional offers advanced features like enhanced resource management, team collaboration, and integration with the project server.

How difficult is MS Project? ›

Microsoft Project is significantly more difficult to learn than most other Office programs. Those programs also have more room for error: a poorly-formatted Word document still communicates the information even if it doesn't look professional.

Is MS Project good for Gantt chart? ›

Nowadays there are a lot of project management software solutions that allow you to create Gantt charts and work on your projects with their help. MS Project is one of them.

What can MS Project not do? ›

No collaboration or file-sharing. There is no built-in collaboration. Even in the Project Server edition, collaboration is limited to using Microsoft tools. If you want to use something else, good luck!

What are the disadvantages of Microsoft? ›

Disadvantages of Microsoft 365
  • Subscriptions aren't for everyone. You don't have to pay out one-time costs, but you do have to pay every month. ...
  • Compatibility issues with bespoke systems. ...
  • Constant updates mean constant changes. ...
  • Most people only use 20% of the functionality. ...
  • You don't actually own the software.

What are the disadvantages of doing projects? ›

  • No project can go off without a hitch, and the potential for risks and obstacles should not be taken lightly. ...
  • One of the most significant external risks of projects is financial instability. ...
  • Another disadvantage of a project can be resource scarcity. ...
  • Lastly, internal factors such as scope creep can present a challenge.
Feb 14, 2023

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