Microsoft Invests in Project Management

Redmond, Washington-based Microsoft Corp. on Wednesday announced that it bought project resource management technology from eLabor.com, in Camarillo, Calif.

Microsoft acquired eLabor.com's Enterprise Project, which includes portfolio planning, skills-based scheduling, and enterprise-level decision support, said Todd Warren, general manager for Microsoft's Project, a collaborative project management package.

"We're working on the next version of Project now and the eLabor.com technology will be integrated into that," Warren said.

Warren added that the next version of Project will most likely be available in the middle of 2001.

In the meantime, eLabor will continue selling and supporting Enterprise Project until Microsoft's Project 2001 ships. At that point, eLabor will cease selling the software.

Warren said that Microsoft is working with eLabor to make it the first ASP (application service provider) to host both Project 2000 and Project Central.

Additionally, eLabor will provide time and attendance functionality on Microsoft's bCentral portal -- a portal for small businesses that offers free e-mail, banner exchange, and other services that users pay for, such as Site Manager, which helps small companies build and manage Web sites.

Microsoft also invested in eLabor's second round of equity financing.

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