You are managing a complex project with a large, cross-functional team. Which of the following actions would be the BEST approach to ensure that project information is maintained accurately and is readily accessible to all stakeholders?
Distribute updated project documents to team members via email at the end of each week.
Implement a centralized, integrated project management tool with version history and access control features, and establish a routine for regular updates by team leads.
Keep paper-based documentation in a centralized office location for team members to access and make updates as needed.
Maintain updated project documents in a shared network folder and rely on team members to check this folder for the latest updates before starting their work.