Project Management 2.0 discusses whether new web-based collaboration tools represent innovation or hype for project managers. It reviews several popular tools like SharePoint, OneHub, Basecamp and Team Headquarters that provide shared workspaces for communication and document sharing. While these tools promise benefits like decentralized control and open team communication, concerns include potential information fragmentation and lack of integration with desktop tools. The presentation considers whether software-as-a-service is right for an organization based on factors like cost, control, security and reliability.