Projects are very complex, and even the smallest ones can have a number of participants all with different responsibilities and lives, meaning a project is always only a step away from disaster. The person holding all this together like glue is the project manager, who needs to really know everything that is going on at all times so they can ensure any problems are anticipated and solved quickly. Failure by the PM to stay on top of a project can put it in jeopardy and could lead to the deadline being missed, which could be catastrophic for both the person managing it and the company.
Read more: Project Management Software - A Project Life Saver