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Excel is a powerful tool, but it is not suitable for project management. This video clarifies that if you're seeking an interactive dashboard or project plan in Excel, it won't meet your needs. The main issue with Excel-based project management tools is their effectiveness is limited to a small number of tasks (10 to 20). In reality, even small projects with 10 to 15 team members can generate about 100 tasks per month. Most Excel tools rely on spreadsheets with raw data that soon become unmanageable. After reviewing various Excel project management tutorials, the presenter concluded that Excel is not a viable option for managing complex projects.