Described herein are systems and methods for dynamic project management and capacity management. Specifically, the systems and method include a management tool for performing project management, capacity management, and time and cost creation across systems and departments for the lowest levels of data. The management tool include a computer readable storage medium including a set of instructions that are executable by a processor, the set of instructions being operable to store projected time information and projected cost information for a project, store actual time information and actual cost information for the project, and display a correlation between i) the projected time information and actual time information, and ii) the projected cost information and the actual cost information.