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LiquidPlanner, Inc. is a company that develops online project management software. The company was founded in 2006 in Seattle, Washington. Its first beta version went public in 2008. LiquidPlanner is a platform-independent, online project management system which features range estimates (e.g. 3–5 days) to express the uncertainty in project schedules. The
collaborative software Collaborative software or groupware is application software designed to help people working on a common task to attain their goals. One of the earliest definitions of groupware is "intentional group processes plus software to support them". As re ...
is accessible via web browser or through its Android application.


History

LiquidPlanner was founded by Charles Seybold and Jason Carlson in 2006, launching a public beta at the DEMO 08 conference. In November 2017, Todd Humphrey became CEO of the company, replacing Liz Pearce. In 2018, the company received $2 million in funding from investors. In February 2020, LiquidPlanner was dubbed by
Purch Group Purch Group, Inc. was a New York City-based digital media company. Originally established in 2003 as TechMedia Network, Inc., it was positioned as a "portfolio of brands and products focused on purchasing decisions"—consisting primarily of web ...
's ''Business News Daily'' as ''the best online project management software for analyzing overall company data in 2020''.


Software

Built using
Ruby on Rails Ruby on Rails (simplified as Rails) is a server-side web application framework written in Ruby under the MIT License. Rails is a model–view–controller (MVC) framework, providing default structures for a database, a web service, and web p ...
, LiquidPlanner is the industry’s only priority-based, predictive online project management solution and claims to be the first
software as a service Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is con ...
(SaaS) based project management solution to allow users to express uncertainty in their task estimates using ranges. The application employs a probabilistic scheduling engine that is claimed to build more accurate schedules. Several authors have noted that estimating in ranges (e.g. 3–4 days, 1–3 hours) is preferable to single-point estimates (e.g. 1 hour, 2 days).
Steve McConnell Steven C. McConnell is an author of software engineering textbooks such as ''Code Complete'', ''Rapid Development'', and ''Software Estimation''. He is cited as an expert in software engineering and project management. Career McConnell graduat ...
states "simplistic single-point estimates are meaningless because they don't include any indication of the probability associated with the single-point." Project management and scheduling methodologies such as
Program Evaluation and Review Technique The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project. First developed by the United States Navy in 1 ...
(PERT) generate best-case/worst-case ranges. However, the preponderance of popular
project management software Project management software (PMS) has the capacity to help plan, organize, and manage resource tools and develop resource estimates. Depending on the sophistication of the software, it can manage estimation and planning, scheduling, cost control an ...
does not readily accept ranges as inputs for estimates. LiquidPlanner accepts ranges as estimates and infers a
probability distribution In probability theory and statistics, a probability distribution is the mathematical function that gives the probabilities of occurrence of different possible outcomes for an experiment. It is a mathematical description of a random phenomenon i ...
from that range. It then uses the distributions and the relationships between tasks and people to calculate a distribution for the project as a whole. By exposing the uncertainty in estimates the developers of LiquidPlanner claim that the uncertainty can then be managed.It then tracks the evolution of these estimates over time. From these uncertainty measures over time it can plot the history of the project estimates. This type of plot is often referred to as the Cone of Uncertainty. Project managers create workspaces and invite users to participate in a way similar to
LinkedIn LinkedIn () is an American business and employment-oriented online service that operates via websites and mobile apps. Launched on May 5, 2003, the platform is primarily used for professional networking and career development, and allows job se ...
or
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin M ...
. The workspace can contain multiple projects and keeps a running narrative of tasks, comments, documents, and other project collateral. In September 2011, LiquidPlanner introduced their free mobile app that connects the LiquidPlanner online project management workspace to the Apple iPhone and
iPad The iPad is a brand of iOS and iPadOS-based tablet computers that are developed by Apple Inc. The iPad was conceived before the related iPhone but the iPhone was developed and released first. Speculation about the development, operating s ...
. This app is no longer available in Apple play store as of 2024. The LiquidPlanner
application programming interface An application programming interface (API) is a way for two or more computer programs to communicate with each other. It is a type of software interface, offering a service to other pieces of software. A document or standard that describes how t ...
(API) enables project managers to programmatically interact with their LiquidPlanner workspace. With the API, most of the LiquidPlanner project management actions can be automated. For example, you can create a task and then post comments, track time against it, and mark the task done when completed. LiquidPlanner was founded in 2006. released its first public beta in 2008.


Funding

LiquidPlanner is privately held. It was the first recipient of capital from the Seattle-based Alliance of Angels seed fund in June 2009.


See also

*
Comparison of time-tracking software This is a comparison of notable time-tracking software packages and web hosted services. See also * Deployment management * Flextime plan * Project management software * Timesheet * Working time Working(laboring) time is the period ...
.


References

{{DEFAULTSORT:Liquidplanner Project management software Software companies based in Seattle Online companies of the United States Software companies of the United States 2006 establishments in Washington (state) Software companies established in 2006