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Introduction to Project Management

The introduction of project management is a crucial step for companies to plan, manage, and complete projects effectively and efficiently. Various aspects such as methods, techniques, and tools play a role. In this glossary entry, you will learn how to successfully implement project management in your company and what factors to consider.

Definition: Project Management

Project management is the planning, execution, control, and completion of projects. Various methods, techniques, and tools are used to achieve project goals and optimally utilize available resources. Project management is an interdisciplinary field that requires both technical and social competencies.

Goals of Introducing Project Management

The introduction of project management in companies pursues various goals:

  • Increasing the effectiveness and efficiency of projects
  • Optimizing the use of resources
  • Improving the quality of project outcomes
  • Increasing customer satisfaction
  • Reducing project risks

Methods and Techniques in Project Management

There are various methods and techniques that can be used in project management. These include:

  • Traditional project management (e.g., Waterfall model, V-Model)
  • Agile project management (e.g., Scrum, Kanban)
  • Hybrid project management (combination of traditional and agile methods)

The selection of the appropriate method depends on various factors such as the complexity of the project, the requirements of stakeholders, and the available resources.

Tools in Project Management

There are various tools available to support project management that can be used in the planning, management, and monitoring of projects. These include:

  • Project management software (e.g., MS Project, Trello, Asana)
  • Risk management tools (e.g., RiskyProject, Risk Register)
  • Time tracking systems (e.g., TimeTac, TimeCamp)
  • Communication tools (e.g., Slack, Microsoft Teams)

Project Management Competencies

A successful project management requires, in addition to the application of methods and tools, certain competencies. These include:

  • Professional competence (e.g., technical knowledge, industry knowledge)
  • Methodological competence (e.g., knowledge in project management, analytical skills)
  • Social competence (e.g., communication skills, teamwork, conflict resolution)
  • Personal competence (e.g., self-management, resilience, flexibility)

Success Factors for the Introduction of Project Management

The successful introduction of project management in a company depends on various factors. These include:

  • Support from top management
  • Clear goals and strategy
  • Sufficient resources (e.g., budget, personnel, time)
  • Adequate training and further education of employees
  • Effective communication and collaboration within the project team
  • Continuous monitoring and controlling of projects


The introduction of project management can support companies in planning, managing, and completing projects more effectively and efficiently. Various aspects such as methods, techniques, tools, and competencies play an important role. To make the introduction of project management successful, companies should focus on clear goals, sufficient resources, and the continuous development of employees and processes.