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Built-in support for iterative development.
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Work item tracking with configurable workflows.
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Track resource utilization across all projects.
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Roll up actual data from tasks to the project plan.
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Event tracking for meetings, conference calls, and other tasks (with Outlook integration too!).
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Subscription-based email notifications.
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Automatic routing and escalation for tasks.
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Integrated Knowledge Base: Share data across all projects.
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Web-service based architecture.
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Dozens of built-in reports.
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Import and Export from MS Project.