A Project Management System (PMS) is a software tool designed to help teams plan, execute, and monitor projects efficiently. It provides features such as task assignment, scheduling, resource allocation, and progress tracking, enabling better collaboration among team members. By centralizing project information, a PMS helps ensure that everyone is on the same page and can easily access necessary documents and updates. These systems often include reporting and analytics tools that allow managers to assess project performance and make informed decisions. Popular examples of Project Management Systems include Trello, Asana, and Microsoft Project, each offering unique functionalities to cater to different project needs.