When one system does mechanical work on another, the work done (i.e. the amount of energy transferred) is equal to the product of the force acting and the displacement in the direction of the force. When the force acts on a boundary around a system at pressure $p$ and the volume of the system changes by $dV$ then the work done on that system is
$$
\delta W = - p dV
$$
where on the left I am using the $\delta$ symbol to refer to an improper differential (one which is not a change in a any function of state). Notice that it was not necessary to mention the conditions. This result can be applied to a flow process, for example, as I will show in a moment.
Next, the quantity $pV$ (the product of pressure and volume) is a perfectly well-defined physical quantity, and it has dimensions of energy, but it is not work. Do not call it "$W$" or you will confuse yourself or your readers. This is not to deny that there may be some situation in which the work done is equal to $pV$ (for example, one could imagine expanding a system from zero volume at constant pressure), but the quantity $pV$ is simply the product of pressure and volume and does not earn a name because it is not sufficiently important to earn a name.
The quantity $H = U + pV$ does earn a name. It is called enthalpy, and it is useful because for a closed simple mechanical system,
$$
dH = dU + d(pV) = dU + p dV + V dp = T dS + V dp.
$$
Because the right hand side has just two terms and they are independent, we have a useful quantity. It is useful in processes at constant pressure, for example.
Let's now consider a flow process in which work is done, often called "shaft work" because typically it would be causing a turbine to rotate. Take a fixed mass of fluid, and push it into one end of a turbine, at constant pressure. Let $V_i$ be the initial volume of the whole turbine, including all the fluid and pipes etc. Let $V_1$ be the volume of the mass of fluid which gets pushed into the turbine, let $p_1$ be the pressure on the input side of the turbine. Then the work you have to do $on$ the system, to push this fluid into it, is
$$
W_i = \int_{V_i}^{V_i - V_1} - p_1 dV = p_1 (V_i - (V_i - V_1)) = p_1 V_1 .
$$
Let $V_2$ be the volume occupied by this same mass of fluid as it arrives at the output side (it might have expanded or contracted, depending on what kind of device we have), and let $p_2$ be the output pressure. The work done $on$ the system by this part of the overall process is
$$
W_o = \int_{V_i}^{V_i + V_2} - p_2 dV = p_2 (V_i - (V_i + V_1)) = - p_2 V_2
$$
So the total amount of work done $on$ the system is
$$
W_i + W_o = p_1 V_1 - p_2 V_2 .
$$
We normally define the "shaft work" to be the work done $by$ the system; this is
$$
W_{\rm shaft} = p_2 V_2 - p_1 V_1.
$$
In the case of an incompressible fluid, one would have $V_2 = V_1$ and then
$$
W_{\rm shaft} = (p_2 - p_1) V_1
$$
which, for a small amount of work, could be written $V \Delta p$, but notice that the $\Delta p$ is not a differential; it is a finite change in pressure between input and output of a turbine. It could be (and usually is) a large quantity. But of course you can always also consider two close regions in a continuous gradient of pressure with an incompressible fluid, and then you would get $V dp$.
The main thing to notice in all the above is that the work done is always given by $-p dV$ in every case. You just have to understand how to apply that formula to various physical processes. Even in the final case where we got $V dp$, it really came from two instances of $-p dV$ in certain specific conditions (applied at two sides of a pressure gradient in the flow of an incompressible fluid).
vdp
? I was always under the impression that $$\delta W = d(pv) = p dv + vdp$$. Generaly for constant pressure processes we would neglect $$vdp$$... – dearN Jan 23 '13 at 20:08