Project Management
The aim of project management is to lead projects to success. It includes the entirety of management tasks, management organization, management techniques and resources for the initiation, definition, planning, control and completion of projects.
Project management (PM) is the initiation, planning, control, monitoring and completion of projects. Many terms and procedures in project management are established and standardized.
When planning and controlling the project, the project manager moves between the following dimensions:
- Time (project duration and deadlines),
- Costs,
- Content (scope and quality of the project results).
These three dimensions form the so-called magic triangle and are in competition with each other.
Project management as a success factor
Professional management is seen as a key criterion for the success of projects. In particular,
- the project boundaries and project goals must be adequately defined,
- project plans must be developed and subjected to periodic controlling,
- projects must be structured in a process-oriented manner,
- the project organization and project culture.
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