Unfortunately, PipelineDeals is great at pre-sales deal tracking. Once a project moves from contract to actual engagement, it does fall a little short for managing project tasks.

You could set up a series of action items that would be associated w/ that “deal.” The options include: Milestone, To Do, Call, Email, Appointment and Fax.

PipelineDeals.com also allows you to set up “To Do Templates” with pre-arranged tasks if your project tasks can be template-ized.

But it’s not a full blown project management tool like MS Project, AceProject or even Basecamp, so little things like assigning a task to someone else isn’t available; neither is time tracking or Gannt Charts. For me as an independent, Pipeline works well and covers most of the bases–though not all.

You may also want to look at Highrise (from 37signals, the same makers of Basecamp). It’s better at tracking all of the conversations & tasks related to a contact, but not so great at tracking revenue opportunities and funnel management.