Trac is an open-source project management and issue tracking tool designed to help software development teams manage their projects efficiently. It provides a web-based interface that allows users to track bugs, manage tasks, and document project progress. Trac integrates with version control systems like Subversion and Git, making it easier to link code changes to specific issues. One of the key features of Trac is its ability to create a wiki for documentation, enabling teams to collaborate and share information seamlessly. Additionally, it offers customizable reporting tools and timelines, helping teams visualize their progress and prioritize tasks effectively.