It has not, MS word is an expensive, bloated example of one of many widly available word processing applications.
However the advent of word processing in general has greatly changed the way people create, use and manage documents.
Microsoft Outlook.
Using IT can help Project Managers manage projects by using Microsoft Project for managing tasks, resources and schedules. There are tools to manage budgets as well. Some aspects of the project can be automated so that the Project Manager is automatically updated about changes so that it's easier to follow up.
I don't think it is possible to use Microsoft Word for a large collection of related data. Microsoft Access is the best choice for data collection, but I personally use Excel more (since I use numbers a lot and access doesn't do calculations). But either way, I wouldn't advice it, even if it is possible.
Microsoft Office Project Professional 2007 is use for robust project management tools with the right blend of usability, power, and flexibility so you can manage projects efficiently and effectively. http://www.microsoft.com/project/en/us/project-professional-2007.aspx
Microsoft Office Access
There are a variety of programs that can be used to separate and manage a computer. It depends on what you are trying to do, but you can use a program such as Microsoft word in order to keep track of things and also Microsoft excel, if you have a windows computer.
I think you are talking about Microsoft Office Projects 2007. It is a product of MS which you stay informed, keep project teams aligned, as well as control project work, schedules, and finances. You can become more productive through integration with familiar Microsoft Office system programs, powerful reporting options, and guided planning, wizards, and templates. Trial Version Link - http://www.microsoft.com/project/en/us/project-trial.aspx
Download and install the Microsoft Outlook Connector from the Microsoft Dowload Center. With Microsoft Office Outlook Connector, you can use Microsoft Office Outlook 2003 or Microsoft Office Outlook 2007 to access and manage your Microsoft Windows Live Hotmail or Microsoft Office Live Mail accounts, including e-mail messages, contacts and calendars for free! Outlook Connector enables you to use your Live Hotmail accounts within Outlook: * Read and send your Office Live Mail/Windows Live Hotmail e-mail messages. * Manage your contacts in Windows Live Hotmail. * Use advanced options for blocking junk e-mail messages. * Manage multiple e-mail accounts in one place. * Manage, and synchronize multiple calendars, including shared calendars to Windows Live Calendar from Outlook. With Microsoft Office Outlook Connector, you can use Microsoft Office Outlook 2003 or Microsoft Office Outlook 2007 to access and manage your Microsoft Windows Live Hotmail or Microsoft Office Live Mail accounts, including e-mail messages, contacts and calendars for free! Outlook Connector enables you to use your Live Hotmail accounts within Outlook: * Read and send your Office Live Mail/Windows Live Hotmail e-mail messages. * Manage your contacts in Windows Live Hotmail. * Use advanced options for blocking junk e-mail messages. * Manage multiple e-mail accounts in one place. * Manage, and synchronize multiple calendars, including shared calendars to Windows Live Calendar from Outlook. With Microsoft Office Outlook Connector, you can use Microsoft Office Outlook 2003 or Microsoft Office Outlook 2007 to access and manage your Microsoft Windows Live Hotmail or Microsoft Office Live Mail accounts, including e-mail messages, contacts and calendars for free! Outlook Connector enables you to use your Live Hotmail accounts within Outlook: ** Read and send your Office Live Mail/Windows Live Hotmail e-mail messages. ** Manage your contacts in Windows Live Hotmail. ** Use advanced options for blocking junk e-mail messages. ** Manage multiple e-mail accounts in one place. ** Manage, and synchronize multiple calendars, including shared calendars to Windows Live Calendar from Outlook.
Microsoft Access is a type of database management program. It offers a graphical user interfaces that one can use to create and manage databases.
Microsoft Dynamics CRM is a program designed to manage customer relations. Its main focus is on sales, marketing, and service tasks such as help desk.
Use Microsoft project or make a gantt chart perform a critical path analysis Click on the Related Questions for more help on management
One can learn how to manage projects by purchasing and reading business books or by reading online resources on websites such as Learning Tree or Karmoxie.