I would like to know what Microsoft product(s) would be could used for the
following results and what the price
of the recommended product would be:

 I work for a small company that would like to keep track of the following:
  1. the workload of each employee,
  2. how many hours are assigned to each each employee for a project,
  3. How many hours each employee have spent on each project,
  4. A way to tell if an employee is on track for meeting the project
deadlines,
  5. A way to tell an employee how many hours they should be working on each
project they are assigned  to.
  6. A way to set priorities on the workload  for each employee.
  7. A way to change the priotities of each employee dynamically.

 **I would consider products where I would need to do some setup and/or
programming on my side.

   Thanks!