The aim of this term paper is to explain project management and to discuss the structure and methods.
Projects are important operations, often with long-term effects. Their implementation causes considerable effort. Project management represents the potential to carry out these projects successfully, on time and economically. Due to the increasingly complex, often temporary tasks and the ever-shorter product life cycles, the importance of project management has steadily increased in recent years.
One possibility to use resources and costs flexibly, offer projects. They are temporally limited and therefore manageable for companies. Nevertheless, projects do not always go according to plan. Therefore, in the phase of project implementation, it is particularly important to get and use regular detailed information about the project.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Project management basics
- Definition "management"
- Definition "project"
- Definition "project management"
- Major tasks in project management
- Project planning
- Project organization
- Project objective
- Project controlling
- Project structure plan
- Milestone plan
- Magic triangle in project management
- Performance/ scope
- Measurement of project results
- Process of a project at "Deutsche Telekom Außendienst GmbH"
- Summary and conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This term paper aims to explain project management and discuss its structure and methods. The goal is to provide an understanding of the fundamentals of project management, emphasizing its importance in today's dynamic business environment.
- Definition and principles of project management
- Key tasks and phases of project management
- Importance of effective project planning and control
- The role of the "magic triangle" in project management
- Practical application of project management in a real-world context
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction emphasizes the growing significance of project management in an era marked by complex and temporary tasks. It highlights the need for efficient project management to ensure projects are successful, delivered on time, and within budget. The paper then delves into the core concepts of project management, defining key terms like "management," "project," and "project management." It further explores major tasks involved, including planning, organization, objectives, and control. The concept of the "magic triangle," which balances performance, time, and cost, is introduced, emphasizing the need for a balanced approach to project management.
Schlüsselwörter (Keywords)
Project management, project planning, project organization, project objectives, project controlling, magic triangle, performance, scope, time, cost, Deutsche Telekom Außendienst GmbH.
Frequently Asked Questions
What is the "Magic Triangle" in project management?
The magic triangle represents the balance between three key factors: Performance/Scope, Time, and Cost. A change in one factor inevitably affects the others.
What are the main tasks of project management?
The core tasks include project planning, organization, setting objectives, and project controlling (using tools like structure and milestone plans).
How is a "project" defined differently from daily operations?
A project is a temporary endeavor with a defined beginning and end, specific objectives, and often involves complex, non-routine tasks.
Why has project management become more important in recent years?
Due to increasingly complex tasks and shorter product life cycles, companies need flexible ways to manage resources and costs, which project management provides.
What is the purpose of a project structure plan?
It is a tool used in project controlling to break down the entire project into manageable sub-tasks, ensuring all parts of the scope are accounted for.
- Quote paper
- Cindy Russmann (Author), 2019, Project management. Basics, phases and practical application, Munich, GRIN Verlag, https://www.grin.com/document/535263
