Project management trends & insights.
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Streamline business operations with Twproject
Business operations represent the set of daily activities that enable an organization to function, grow, and create value. From managing raw materials to delivering finished products, every stage requires careful planning, coordination, and control. Thanks to its flexibility and process-oriented structure, Twproject can be the ideal tool to simplify and optimize every aspect of production…
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Gap Analysis: what it is and how to perform it correctly
Gap Analysis is one of the most powerful tools available to Project Managers and more. If used correctly, in fact, it can really help a company correct its course and avoid catastrophic mistakes. CONTENT What is a gap analysis? Benefits of performing a gap analysis Benefits of Gap Analysis: Product Portfolio Opportunities Benefits of Gap…
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Project activities: role and characteristics
In this article we will examine the project activities, their role and characteristics. CONTENT What defines a project? 1. Clarify project goals and scope 2. Develop a work breakdown structure 3. Deliver a realistic schedule 4. Create a project risk plan 5. Manage change requests Project activities: planning and development 1. Setting up project activities…
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Engaging the Project Team
Knowing how to engage your project team is certainly one of the key drivers for running a successful business. CONTENT What is project team engagement? How do you measure Team members’ engagement? How to engage the project team Engaging the Project Team: Bottom Line A project manager wants their employees to feel proud of what…
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Product life cycle and its relevance in business strategies
A product’s life cycle (which should not be mistaken with a project’s life cycle) bears a strategic relevance for the company that produces it. CONTENT What is product life cycle management? The four phases of a product’s life cycle and related business strategies 1. Introduction 2. Growth 3. Maturity 4. Decline Product life cycle: bottom…
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Project quality control: which parameters should be monitored
Project quality is a major factor in achieving client satisfaction, which in turn is a key component in project success. Therefore, nothing about quality should be taken lightly, but more importantly, quality control should not be something improvised or done afterwards. CONTENT Planning and identification of parameters to be monitored for quality Parameters to monitor…
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Corporate governance vs management
CONTENT Corporate governance role Corporate governance: 7 questions to understand it Governance duties and responsibilities Management’s role Corporate governance vs management: Conclusions Corporate governance and management are not the same thing, although some people might think so. Actually, they are two very different things. Let’s make it clear in this article where we will look…
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Top-down and bottom-up projects
Top-down and bottom-up management are two of the most popular approaches in the Project Management world. What you need to know is that before beginning to work on a project, it is very important to have a management approach in place and to be consistent with it. CONTENT What is top-down management? Pros and cons…
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Negative Feedback: 7 things to do when…
Receiving a negative feedback is never a pleasant experience. You work hard to create a quality product and seeing your actions judged negatively can lead to anger and frustration. These are negative reactions that later can also compromise our performance. CONTENT How to face a negative feedback Facing negative feedback: Better safe than sorry Facing…
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Scrum Master, an ever more important role
The Scrum Master might sound like some role-playing game character, but it is actually a leadership figure that is becoming more and more important. Many organizations today work using an Agile methodology, mainly Scrum. CONTENT What is a Scrum Master? 5 Scrum master responsibilities 1. Team members coach 2. Moderate daily meetings 3. Assist the…
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Product Manager: role importance
The Product Manager is a core figure for a business. He ensures the company’s position in the market, drives the product roadmap to meet deadlines and focuses on long-term success. How does a product manager perform this important task? We will discuss the subject in this article. CONTENT What does a product manager do? Why…
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Project standard deviation
Standard deviation is an abstract construct based on observation rather than computation or experimentation. The standard deviation, also represented by the Greek letter sigma σ, is a metric used to express the amount of variation or dispersion in a group of data. In other words, it defines how much the members of a data group…
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Risk Register: how to compile it
The Risk Register is a valuable working tool, often underestimated. Projects sometimes involve huge work demands and significant amounts of money to be completed successfully. Ensuring that they are completed is an extremely delicate yet complex task. How can you achieve this? Simple: with a risk assessment and, thus, the compilation of a risk register,…