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Title: Basics of Project Management
Description: Basics of project management: project concept, types of projects, importance of projects in business, tasks of project management

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Basics of project management
Project term
Projects are often difficult to define as such, as there are numerous definitions of the term project
...
However, country-wide or
international standards such as DIN 69901 or ISO/TC 258 define the necessary characteristics of a project:
➢ Uniqueness of the conditions in their entirety
Each project is unique and is carried out in its own way for the first and last time
➢ Target
Every project has precise goals that need to be achieved
➢ Temporal, personnel, financial limitations
Each project has a specific deadline and limited usable resources
➢ Distinction from other projects
Each project is a self-contained project with its own project result
➢ Project-specific organization
Each project has its own specific organisational framework
In addition, the following features are considered characteristic of projects in business practice:
➢ Complexity
Each project takes into account numerous complex interrelationships
➢ Effort
Each project is extensive and requires many employees, as well as financial resources
➢ Interdisciplinary character
Each project involves experts with different fields of knowledge
➢ Teamwork
Every project requires the cooperation of all involved
These characteristics can be used to determine the extent to which a particular project is a project
...
As a rule,
a distinction is made according to three criteria:
1
...
The most common types of organizations are nonprofit organizations and business organizations:
Non-Profit Organizations (NPOs)
Non-profit organizations do not pursue a profit motive; possible profits are reinvested in the company's purpose
...
The
projects carried out by the organization thus usually serve the common good or the benefit of its members
...

Business projects
Business projects are carried out by companies with the intention of making a profit
...

2
...
The
commissioned commercial company, which usually specializes in the implementation of projects, pursues a
profit-making intention
...
Internal projects normally don‘t generate direct revenues and must
therefore be weighed against their benefits
...
Project scope
There are no regulated quantitative benchmarks for the scope of a project
...

This subdivision is particularly essential for the project implementation
...


Projects in the economy
In the international business world, projects are becoming more and more significant
...
Complex orders
Corporate assignments are becoming increasingly complex, and thus require specialists from different sectors
...

Accordingly, companies are resorting to project work
...
New environmental conditions
Communication habits have developed at an above-average rate within the last few years
...
Products can be ordered from home, delivery tracked and invoices
sent by e-mail
...

Another point of new environmental conditions are governmental requirements in the context of new political
concepts (e
...
emission reductions), which often have to be met within a given time frame
...

3
...

As a result of the merging European internal market and the global world market, national markets have to
assert themselves against foreign producers
...
g
...

At this point, projects can be beneficial by bringing about greater cost awareness and - at the same time - a more
focused and effective way of working
...
Often, a company's performance is only successful because of a time advantage over the competition
...
As a result, the way of working can be made more effective and on schedule
...
Projects set a clear
link between sales and manufacturing costs as well as quality
...


Tasks of the project management
The goal of project management is to successfully complete the project with the help of the systematic use of
management-instruments:
Project management = goal-oriented preparation, planning, controlling, documentation and monitoring of projects
with the help of specific instruments (methods, techniques, tools)
...

2
...

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Title: Basics of Project Management
Description: Basics of project management: project concept, types of projects, importance of projects in business, tasks of project management