A cloud-based project management system is software that allows you to coordinate collaborating, planning, delivering and monitoring projects all in one space. This type of system enables team leaders and employees to work using several network tools inside the software, rather than relying on old-fashioned tools, such as a whiteboard. Cloud project management can make managing projects easier for both employees and managers. Using this type of software varies from company to company, but it ultimately provides the same uses and benefits.