Among the professionals working in the public procurement field, a particular role is covered by project management for the Head Project Manager (RUP – Responsabile Unico del Procedimento, in Italian). But what is it all about? What are the specific tasks of this position? Let’s discuss it in this article. CONTENT Who is the Head … Continue reading “Project management as Head Project Manager”

Executive summary, what is it? It’s a question every good project manager should be asking. Time Magazine reports that 55% of people read content for as little as 15 seconds, which is also true in the case of project management. Attention levels are at an all-time low, including those of potential investors and project stakeholders. … Continue reading “Executive summary: What it is and what it is for in project management”

Measuring project performance is an expectation that any business effort comes with. CONTENT Why is it important to measure project performance? Celebrate successes Find areas where improvement can be made Make organizational decisions Metrics for measuring project performance Cost calculation Meeting deadlines Return on investment Earned Value Earnings before interest, taxes, depreciation, and amortization (EBITDA) … Continue reading “How to measure project performance”

A solid cost estimate in project management is paramount to the success of a project. CONTENT What is cost estimation in project management? 4 project cost estimation techniques 1. Analogous estimating 2. Parametric estimating 3. Bottom-up estimating 4. Three-points estimating A poorly conceived budget leads to misallocation of resources, unrealistic expectations, and, eventually, failure. Also, … Continue reading “Cost estimating in project management”

In project management, we constantly ask what allows us to create value for stakeholders, which involves considering tangible benefits. CONTENT What are tangible benefits? Tangible benefits management process Tangible benefits definition Benefit organization Tangible benefits implementation and monitoring Benefit evaluation How to evaluate tangible benefits Not all financial benefits are the same, so it is … Continue reading “Tangible benefits: What are they? Do you know them all?”

When we refer to intangible benefits, it does not mean that these are not real. CONTENT What is an intangible benefit? What are the intangible benefits? Why is it important to consider intangible benefits in a project? Never lose sight of the intangible benefits How do intangible benefits are measured? The peculiarity is that, unlike … Continue reading “What are the intangible benefits of a project?”

The project management universe is broad, yet project management techniques, planning, and control are the common thread that links this discipline together. These strategies help make work easier and more effective and can be implemented on any project, no matter the field or industry. There are many project management techniques to choose from; so, let’s … Continue reading “Project management techniques, project planning and project controlling”

A quality project management app makes planning, executing, and monitoring project progress a piece of cake. By using the right software, you can create a transparent record so that everyone knows who is doing what and when and at what point in the project you are. Let’s take a look at what a project management … Continue reading “Project management app”

Risk analysis in project management becomes a very important aspect in the success of a project. Projects capitalize on resources and opportunities, and from these stem uncertainty, challenges, and risks; in fact, the thing that a project manager wants to deal with last is risk. Let’s define what risk analysis is in project management, why … Continue reading “Risk analysis in project management”

Which methodology between Waterfall vs. Agile to choose? Every project comes with its own set of unique challenges, and this one, specifically, occurs in every scenario. Now, more than ever, it is crucial to ensure that the development methodologies used by an organization are tailored to the specific circumstances. In fact, each option affects the … Continue reading “Waterfall vs Agile: Which methodology to choose for project management?”

With no adequate project management plan, your business will be vulnerable to chaotic management, vague objectives, inadequate resources, and frustrated employees. As a matter of fact, unrealistic planning results in high risks that produce poor quality results from high costs. This is why it is so important to make a comprehensive project management plan before … Continue reading “Project management plan: what it is for and how to make it”

A successful project must not only be on time, but also on your budget. In this article we will see how Twproject manages project costs. The overall cost of a project depends mainly on the scope of application; the list of items contributing to the total will be very different between a consultancy project, a … Continue reading “Project costs: everything under control”