Twproject Blog

The analysis of the costs (and benefits) of a project, is crucial in project management and is often the most critical element for a project manager. Let us take a closer look at this essential process. When managing a project, it is necessary to make many important decisions, such as implementing project monitoring and control … Continue reading “Analysis of the costs of a project”

The choice of an iterative project management method is mandatory for keeping pace with the ever-changing market demand. CONTENT What does “iterative method” mean within projects? Iterative method process: how does it work? Iterative model advantages Intrinsic version check Quick trend inversion Great for agile organizations Early risk identification and response Experimentation Iterative Model Drawbacks … Continue reading “The iterative method within projects: an opportunity to seize”

Measuring costs and benefits of a project isn’t something that can be left to the feelings of the Project Manager. We are talking about the essence of the company’s business and therefore we need certain elements on which to make assessments. When managing a project, in fact, you need to make many key decisions, taking … Continue reading “Cost-benefit analysis in a project”

Time management is one of the most important aspects in managing a project. In order to estimate the time accurately, it is necessary to have a correct understanding of the two concepts of effort and duration. CONTENT INDEX What is effort The concept of Schedule Padding Techniques to avoid Schedule Padding Advice for a correct … Continue reading “Effort and duration: key differences in the estimate of project”

In the project management world, keeping business costs under control is critical to any project’s success. As projects become more complex and the pressure to keep costs to a minimum grows, project management tools such as Twproject become indispensable. Here in this article, we will explore how to monitor business costs effectively. INDICE DEI CONTENUTI … Continue reading “How to monitor and cut business costs with Twproject”

Building a cross-functional team in your company is key to business success. In a modern, competitive work environment, businesses must be able to adapt quickly and respond to challenges that arise. But how can you build a cross-functional team? What value does it bring to the company? Let’s find out. CONTENTS Why it is crucial … Continue reading “How to build a cross-functional team in your business”

Flowchart is very important in project management – perhaps fundamental – because it improves work flow efficiency and makes the project transparent. CONTENT What is a flowchart? Why use a project management process flowchart? How to draw a flowchart How to benefit by using software Lack of transparency is one of the main causes of … Continue reading “Flowchart: what is it and why it is important in a project”

When comparing Scrum vs. Agile, many professionals are left debating which framework is better suited to optimize their processes and maximize project efficiency. In the project management world, these terms often go hand in hand. But what do they mean, and how can they impact your projects’ success? This article will explore the nuances of … Continue reading “Scrum vs Agile: which framework is best for your needs?”

What is a Gantt Chart? Why it can be useful to manage your project? If you have never heard of it, it’s important to know that Gantt diagram is a very versatile tool to visualize and track the timing and progress of a task. CONTENT What is the purpose of the Gantt chart? 4 reasons … Continue reading “Project Management Basics: 4 Reasons to Use Gantt Charts”

The Critical Path Method (CPM) is an essential algorithm in project management, used to plan a set of project activities. Its purpose is to highlight the steps involved in the longest path that determines the project end date. CONTENT How to implement the Critical Path Method Critical Path Method: a practical example Critical Path Method: … Continue reading “Critical Path in Project Management – How to”

Expense report management is one of companies’ most sensitive and tricky tasks, especially for large projects. The expense report is a core document that accounts for costs incurred by an employee during a trip or as part of a specific project. Managing it can be challenging due to the variety of expenses involved and the … Continue reading “Expense report: how to manage it in complex projects”

In a company there are shareholders and stakeholders. Both have invested something, however, they are separate entities. Although they have similar names, their investment and role in an organization is fairly different and it is critical to not confuse them. CONTENTS Definition of shareholder Definition of stakeholder Key differences between stakeholders and shareholders Conclusion Shareholders … Continue reading “Shareholder vs. Stakeholder: in what they are different and why it is important to not confuse them”