Effective management of projects is vital for the development of economy because development itself is the effect of series of successful managed projects. This makes project management extremely important problem area for developing economy such as ours. Unfortunately many projects experience schedule slippage and cost overruns due to variety of reasons. To remedy the situation, a project has to be meticulously planned, effectively implemented and professionally managed to achieve the objective of the time, cost and performance. Computerization of the project management can play a major role in streamlining the management of project. Thus we see the computer becoming necessity in the day to day life. The use of computer also involves the feeling of healthy competition with the organization receiving much attention these days. Almost everyday uses of paper carry advertisements asking for project managers. The scenario was not so bright a few years back. For that matter even today though lots of seminars are held on project management, name of the universities in India offer any course to students to formally qualify as project managers. Thus, while there is very little supply. This has created all sorts of problems. Project management, unfortunately, is not but project manager practice, our attempts to demonstrate how project management, as it is concerned, can be put into practice.