Abstract: A method and apparatus for effectively using software tools employed in a software development project are disclosed. In one embodiment, a method, implemented in a computing device, for effectively using software tools for a software development project includes displaying a tools plan view for a software development project having a plurality of tools categories associated with the software development project on a display of the computing device, wherein the plurality of tools categories are assigned with their respective weightages and natures. The method also includes generating a planned tools effective usage index (TEUI) on the display in response to a receipt of tools plan data and tools review data associated with the software development project. The method further includes generating an actual TEUI on the display in response to a receipt of tools usage data and tools assessment data associated with the software development project.