Using industry productivity tools and techniques for managing student projects I'm heading a group of engineering students (from different fields) which need to build a robot (which performs tasks autonomously) as part of their courses.

There are 10 students in this group and they are divided in three or four subgroups which work on different engineering aspects. As the time frame is pretty short (2.5 months) and the students have a lot of other things to tend to, I wanted to optimize their work a bit by using some tools for project management and communication.

As I have recently been around a lot of IT people, I got to know about some of the methods and tools they use in the organization of small to medium-ish  sized(startup) companies. So my question boils down to:

Is it advisable to manage short term - medium/high workload student projects using productivity and management tools(e.g. Slack?) and techniques, or could this actually be of little use to the project(especially if the supervisor has no experience using them)?
Yes, but don't overdo it. 

Using one or two services such as Slack (the one I have the most personal experience with) can be really helpful in the sense that it can facilitate and organize communication. It's easy to share files, and to collaborate and make progress even when everyone can't be in the same place at the same time (an issue with busy students). It's also good to have some kind of central communication system, where any and all meeting times and information are announced, such as goals, deadlines, progress reports, etc.

However, for it to work, everyone has to be fully aware of 1) what service(s) the team is using 2) how to sign up for and access the service (Does it have an app? Does it send alerts? Emails?) and 3) what is expected from them in terms of the service (How often are team members expected to check it? What are they supposed to report on?). Make sure that if you decide to use some service, that you have a meeting where every member of the team gets together, signs up for the service, configures anything necessary, and discusses expectations. If everyone isn't on the same page, then you're not really going to see any benefit from using it.

Also, limit yourself when choosing your tools. There's a lot of cool team management software, and organization tools out there, but for a 2.5 month project, you probably only need one or two that are most essential to the tasks at hand. Make sure that you have some tool for communication, because effective communication between busy team members is what will ultimately keep the project on track.

If you use a tool for a week and find that it's either hindering productivity or not increasing it, then either choose a different one to replace it or just scrap it totally. Don't persist in using something that isn't helping.