The cost of project management software varies depending on a large number of factors. Amongst the common criteria that can affect the cost of the software are:  Features – Some packages are priced depending on the features that the user requires. This is why it is always essential to understand the organisation’s requirements before selecting the appropriate package. Number of users – Many project management software packages have subscription tiers that increase with higher user numbers Frequency of billing – Paying annually as opposed to monthly for project management software will often reduce the cost of the package Because there are so many differing price structures that range from limited-functionality free versions to premium packages that can cost thousands of dollars, understanding what is required of the software is critical.