Project management trends & insights.
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The best tools for Financial Planning
Most of the time, bad financial planning leads to project failure or late delivery. Solving this issue is not easy, but in this article, we will provide tips on how to improve project financial management and the best tools for it. CONTENT What is project financial planning? Financial planning throughout the project life cycle Common … Continue reading “The best tools for Financial Planning”
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Design project phases and methods
Managing a project is no easy feat; design phases and methods are required steps regardless of the size and scope of a project. CONTENT The 4 project phases 1) Startup Phase 2) Definition and planning phase 3) Execution phase 4) Evaluation and closure phase Project characteristics A lot can go wrong, from planning minor details … Continue reading “Design project phases and methods”
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How to monitor operating costs in a project
Projects cost money and, therefore, require regular monitoring of their operating costs to ensure success. Indeed, being able to manage and track expenses is what keeps the project within a budget. It is unlikely that stakeholders will consider the project a success if it costs too much money. In this article, we will examine what … Continue reading “How to monitor operating costs in a project”
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Earned Value: How to evaluate the progress of a project
Earned Value is a popular method of monitoring a project’s progress with a quantifiable figure. This helps project managers to ensure they meet their project’s budget and finish on time. This article will explore how Earned Value works and how to make the most out of it. CONTENT What is Earned Value (EV) in project … Continue reading “Earned Value: How to evaluate the progress of a project”
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OKR methodology for startups: why it works and how to implement it
The OKR methodology is a framework that has stood the test of time and has proven fit for organizations of all sizes and scopes, including startups. All organizations set goals and engage their workforce based on their objectives. Yet the OKR methodology is beneficial not only for large, digital companies; it can help Startups be … Continue reading “OKR methodology for startups: why it works and how to implement it”
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Multiple corporate calendars for flexible workers
Corporate calendars are convenient tools for keeping track of meetings, deadlines, and milestones. They can help you visualize the schedules of various projects and remind you of important team events, such as colleagues’ leave periods. The problem is that far too often, multiple calendars are managed simultaneously and are not even integrated with each other. … Continue reading “Multiple corporate calendars for flexible workers”
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Project risk analysis
The project risk analysis or risk management, is the process of risk identification, analysis and response to any risk that occurs during the life cycle of a project. Analyzing the risks that may lie behind the execution of a project, predicting the possible obstacles and having a vision of the solutions in advance is certainly vital for any project. It … Continue reading “Project risk analysis”
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Why invest in warehouse management software
Using warehouse management software for efficient control is critical to a company’s success, regardless of size. Both small and large businesses face the daily challenge of optimizing their inventory, streamlining order fulfillment, and improving overall operational efficiency. Warehouse management software can streamline business operations by streamlining processes, improving efficiency, and reducing expenses. Let’s learn more … Continue reading “Why invest in warehouse management software”
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How to carry out a project: 10 tips to not go wrong
How to carry out a project? It can be a tough task to deal with. The quote “If you fail at planning you are planning for failure” when it comes to project management couldn’t be any truer. CONTENT How to carry out a project: 10 tips 1. Define your project scope 2. Define your timeline … Continue reading “How to carry out a project: 10 tips to not go wrong”
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Definition and description of a project’s purpose
How does a project originate? How can you tell what it should achieve? How can you tell what approach is required? How can you tell if it will be successful or not? CONTENT Project Purpose: Why does the project exist? So, how do you define a project’s purpose? Identify project needs Confirm project objectives Project … Continue reading “Definition and description of a project’s purpose”
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Making the most of your time: time planning strategies
Knowing the best time planning strategies is important to execute your work to the best of your ability. Time is not on your side when it comes to project management, when work piles up and deadlines approach quickly. Project time management involves planning, scheduling, monitoring, and controlling activities throughout the project life cycle. In this … Continue reading “Making the most of your time: time planning strategies”
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Project Life Cycle: phases and characteristics
The Project Life Cycle consists of four main phases in which the Project Manager and his team cooperate to achieve work together to achiev established objectives. The four phases that mark the life of the project are: conception / start, planning, execution / implementation and closure. Each project therefore has a beginning, a central period, a … Continue reading “Project Life Cycle: phases and characteristics”
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All you need to know about Portfolio Management with Twproject
Would you like to learn more about all the methods and tools that Twproject offers you for effective and profitable portfolio management? Here you will find lots of useful information and also some tips to put into practice. CONTENT Aims and Objectives of Portfolio Management Performing good Portfolio Management with Twproject Overview of any planning … Continue reading “All you need to know about Portfolio Management with Twproject”