The type of software designed specifically for managing project timelines is known as project management software. This software helps teams plan, execute, and track projects more efficiently. Key features often include Gantt charts, task assignments, deadline tracking, and resource allocation tools. By facilitating collaboration and communication among team members, project management software enhances productivity and accountability. Popular examples include Trello, Asana, and Microsoft Project, which allow for easier monitoring of progress and ensuring project goals are met.