Project management: 6 things you need to know

Project management in the IT context includes the coordination, planning and implementation of IT projects. The goal is to plan and control them correctly, to limit risks and to take advantage of opportunities, as well as to achieve goals in terms of quality, deadline and costs.

Project management is often seen as a bureaucratic, resource-intensive, and cumbersome overhead, and its value contribution to project execution is questioned. However, studies by the Project Management Institute (PMI) show that projects carried out with professional project management achieve a significant value contribution through faster execution and non-exhaustion of the budget. Effective project management contributes significantly to increasing the success rate of projects. This is a crucial value contribution, as only about 40% of all projects are completed successfully.

Our white papers are free of charge!