Cost-benefit analysis in a project

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”

How to monitor and cut business costs with Twproject

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”

Expense report: how to manage it in complex projects

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”

How to use the cost center to simplify large projects

The cost center is a valuable tool for simplifying the financial management of projects. Accurate and detailed cost management is critical to ensure sustainability and growth in any company. Elements such as raw material, unit cost, and other economic factors are essential to the success of any business. But how can all these elements be … Continue reading “How to use the cost center to simplify large projects”

Revenue management with Twproject: an excellent solution

By reading this article, you will discover how advantageous revenue management with Twproject is, and some tricks to put it into practice in the best possible way. The detailed and constant analysis of a company’s financial flows is the main tool for not making losses, and in general for not running into unpleasant events that … Continue reading “Revenue management with Twproject: an excellent solution”

Earned Schedule

The Earned Schedule (ES) is a rather recent methodology. It was first introduced in 2003 and it is a method of analysis that extends and completes the benefits of the Earned Value Management. Currently, the Earned Schedule method is used globally in projects of any type and size. This method is taught in academics, is … Continue reading “Earned Schedule”

The Most Effective Strategy to Estimate Projects

Estimate projects correctly is a difficult task that every project manager has to face. It doesn’t matter if you estimate in order to evaluate resource work load (time/effort estimation) or just to create customers’ offer (cost estimation), the problem is just the same. How can I predict exceptions, delay, bottle necks and create an estimate … Continue reading “The Most Effective Strategy to Estimate Projects”

Twproject 6.0.60017: Mobile Receipt Upload

Things are a little bit messy right now at Twproject because we are developing a brand new mobile app and we are totally over excited with all the new great features we are developing. Waiting for this new amazing release, we are still improving our beautiful application, even the mobile one, today in fact I introduce you the … Continue reading “Twproject 6.0.60017: Mobile Receipt Upload”

Simplistic cost/benefit evaluations of organizational tools adoption

I’ve recently received yet another request of a cost-benefit analysis given by the adoption of Teamwork, in general, of project and groupware management software. Not always in those exact terms, but we do periodically receive such requests. One may rephrase the question as “what is the exact economical gain given by adopting Teamwork”? Very superficially, … Continue reading “Simplistic cost/benefit evaluations of organizational tools adoption”