So where does Project123 sit in the plethora of applications, tools and services?

First and foremost Project123 is a Project Management Execution and Control tool – it is fantastic at controlling your project, communicating with your stakeholders and having a central repository for all information relating to one or more projects.

Are you looking for a solution to help you manage and control the execution phase of your projects?
Project123 will not be beaten.

Are you looking for a simple task manager or basic collaboration tool?
Well, Project123 is not for you as it is much much more.

Are you looking for a complex project management tool?
It’s a step up from the collaboration tools (Basecamp, Wrike, ActionThis) and a step down from the mid-tier project management tools (Daptiv, eStudio, iToolsOnline, MS Project Server).

Project123.com sits in the middle and is refreshingly practical.

Collaboration is not the same as Project Management

First of all, Basecamp is not a project management service. It is a collaboration tool. There is a difference. A project management service should focus on predicting, tracking, and learning your business; refining your workflow. While collaboration is a subset of project management, a communication method for working together as a team.

Small businesses need tools that can provide feedback for self improvement. This need for more — time tracking, reporting, scheduling, invoicing — is driving small businesses towards more comprehensive web-based project management services.

An extract from John Reeve’s blog on Beyond Basecamp, the Summit
May 5th 2008