Latex allows to split the document into many small files that can easily be worked on by different people. You can even split them further, and also compile just parts into pdf documents (\include to the rescue!).
A good repository (git works well multiplatform) can merge (automerge is very good) so it's not a problem if people work on the same file at the same time, as long as it's not exactly in the same place.
There are pretty pdf output files (which can be made to look like the normal word documents if it is needed). Graphs and Figures are handled automatically. Sometimes they don't do what one wants, but there is very extensive documentation out there.
The repository also takes care of the revision history.
Problems that I could see is that it's similar to writing html. Some people don't like this and might not want to use it.
It's just a typesetting solution and will not do automatic time management (like checking that all is in the right order, or see what overlaps), but it is more powerful than Word.
(Seriously though, what is it with space agencies and Word? ESA/DLR sent us a mangled uncompilable latex template full of typos which said it came from "word-to-latex".)
One technique that I saw recommended recently (here, possibly!) that works really well for version-controlled LaTeX documents is to write each sentence on a separate line.
Single line breaks don't affect the finished product, but separating sentences means that a change to one sentence never affects others around it.
Latex allows to split the document into many small files that can easily be worked on by different people. You can even split them further, and also compile just parts into pdf documents (\include to the rescue!).
A good repository (git works well multiplatform) can merge (automerge is very good) so it's not a problem if people work on the same file at the same time, as long as it's not exactly in the same place.
There are pretty pdf output files (which can be made to look like the normal word documents if it is needed). Graphs and Figures are handled automatically. Sometimes they don't do what one wants, but there is very extensive documentation out there.
The repository also takes care of the revision history.
Problems that I could see is that it's similar to writing html. Some people don't like this and might not want to use it. It's just a typesetting solution and will not do automatic time management (like checking that all is in the right order, or see what overlaps), but it is more powerful than Word.
(Seriously though, what is it with space agencies and Word? ESA/DLR sent us a mangled uncompilable latex template full of typos which said it came from "word-to-latex".)