Project management

Which methodology between Waterfall vs. Agile to choose? Every project comes with its own set of unique challenges, and this decision—whether to adopt a waterfall approach or embrace agile development—comes up in every scenario. Now, more than ever, it is crucial to ensure that the development methodologies used by an organization are tailored to the … Continue reading "Waterfall vs Agile: Which methodology to choose for project management?"

Obtaining project budget approval is not an easy task. Every project comes with costs, and generally, the larger and more complex the project, the more difficult it will be to get approval. CONTENT Obtaining budget approval: What to consider when making a project budget 1. Cost estimates 2. Budget contingency 3. The bottom-up approach 4. … Continue reading "Obtaining project budget approval: 5 key tips"

Project Management and Program Management are related and often interconnected disciplines. Projects are like trains managed by a project manager who helps drive a team’s work to achieve goals and produce a finished product or service. A program, in contrast, is like a set of trains running on different tracks but headed for the same … Continue reading "Differences between Project Management and Program Management: Full Guide"

The Scope Management of a project is the set of processes necessary to ensure that the scope of a project is precisely defined and mapped. Project scope management techniques enable project managers to assign the right amount of work required in order to successfully complete a project, particularly by controlling what is and what is … Continue reading "Scope Management: managing the project scope"

What is a project management plan? You probably already know it, but if this is not the case, or if you still have doubts, read this article and we will try to explain it. Contracts have been signed, handshakes have taken place and a new project is officially on its way. TABLE OF CONTENTS What … Continue reading "The Project Management Plan as a project compass"

The project scorecard is a key document that provides insight into the effectiveness of a project. A well-defined evaluation framework helps analyze successes and failures, enabling informed decision-making regarding future initiatives. A consistent evaluation method enables companies to improve accountability and transparency, promoting a culture of constant improvement. CONTENT What is project evaluation? What is … Continue reading "Project scorecard: what it is and how to use it"

Distinguishing between data returned by Net Present Value (NPV) and Internal Rate of Return (IRR) (two project selection methods), when analyzing a project, is important because these methods can yield contradictory results. The resulting difference could be due to a difference in cash flow between the two projects. Net Present Value (NPV) and Internal Rate … Continue reading "Net Present Value (NPV) and Internal Rate of Return (IRR): Project selection methods"

Pursuing sustainable projects has become an important focus for companies in many industries. In fact, the global community is increasingly recognizing the importance of environmental and social sustainability, and companies are beginning to understand the need to adopt sustainable practices in their operations. Embracing greener initiatives not only helps to preserve our planet better but … Continue reading "How to develop effective sustainable projects"

As a project manager, possessing analytical skills for successful projects is the absolute core of required skills. Analytical thinking can help you explore complex problems, make decisions and find solutions effectively. CONTENT What are analytical skills? The analytical thought process Why are analytical skills important? Analytical skills examples How to improve analytical skills How a … Continue reading "Analytical skills for successful projects"

When things get tough, abandoning a project can become a quick solution. Still, a project does not deteriorate overnight; it goes through a transition period, a transitional phase that should be used to regain control. This is an extremely challenging task that requires specific care, management, leadership, and, most importantly, good project management software to … Continue reading "Abandoning a project? Twproject helps you get clarity"

Projects require many different activities, therefore the organizational structure should not be rigid, but efficient, flexible and possibly innovative. Every organization is structured in some way and this structure is determined by the goals of the organization. The way an organization is structured provides a standard for operating processes and routines. Furthermore, it determines who … Continue reading "Matrix organization and PM"

Project cost management is an evergreen feature in all projects: big or small, from IT to construction. In fact, all projects require the purchase of any type of material or service. Regardless of the scope or the program, projects need funds to complete the work. Technically, even projects that use only manpower needfunds. Someone in … Continue reading "Project cost management: what is it and how to implement it"

Organizing and planning project management tasks are critical, and if not executed properly, they can lead to project failure. Being flexible and open to change will help keep the project on track and overcome obstacles. In this article, let’s see how to assign project management activities properly to ensure efficient project planning. CONTENT The importance … Continue reading "How to assign project management tasks"

Are you looking for software to help you managing and tracking your team’s working time? Here is a list for you. Time tracking is the main strategic resource in any project management. However, time management is never an easy challenge, neither in everyday life nor in the business environment. For project managers and team leaders, … Continue reading "The best time tracking software of 2025"

Corrective and preventive actions are processes used to identify, record, and address defects, deficiencies, and nonconformities. CONTENT What is the CAPA? Why is it essential to the quality of the project? What does corrective action mean? Corrective Process Steps What is preventive action? Popular – yet wrong – ideas about CAPA These are also called … Continue reading "Preventive and corrective actions in project quality"