When selecting project management software, business leaders should look for features that align with their strategic goals: 1. Task Management: The ability to break down projects into smaller tasks and assign them to team members. 2. Resource Allocation: Tools for managing and optimizing the use of resources, including personnel and materials. 3. Collaboration Tools: Features like chat, file sharing, and commenting to facilitate team communication. 4. Reporting and Analytics: Dashboards and reports that provide insights into project performance and help in decision making. 5. Integration Capabilities: Compatibility with other tools and systems used by the organization.