Key takeaway: Most online project management software is available in a monthly or yearly subscription. However, when evaluating solutions with this type of payment option, ask the company to outline all costs, including installation, maintenance, and customer support fees. If you’re concerned about the security of your data, this may be a good option. This is called perpetual licensing, but it can still entail a recurring payment to the vendor – not for the software, but for support or product upgrades. Some services charge monthly or annually, while other companies charge a flat one-time licensing fee that gives you the software forever. If the software offers a demo or free trial, take advantage of it so you don’t end up paying for something you don’t need or find difficult to navigate. Although the cost and features of project management apps and companies vary, it’s important to consider what a free version offers before deciding to purchase a paid subscription. The free version allows up to 20 users to operate the system for no cost. In addition to the paid plans, some providers offer free project management software. You can often save money by signing up for an annual subscription instead of paying month to month. You can expect to pay anywhere from around $10 to a little more than $100 a month. The exact price is based on several factors, including the features you want and how many people will be using the software. Typically, you can expect to pay a monthly or annual subscription fee for access to the cloud-hosted software.
Whether you have five or 50 people on your team, many online project management tools can cater to your company’s needs without being expensive.
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