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For a project to be carried out, it must be possible to cover all necessary resources financially/monetary. Therefore, project management must ensure that the costs of e.g., operations, work packages, or projects are covered and that sufficient liquid financial resources are available.
Project management tools offer numerous overviews and real-time KPIs for this purpose:
71 words • 1 minute
Unclear distribution of roles, lack of communication, late involvement of stakeholders, and insufficient integration into the process and line organization can cause (not only) major projects to fail. With these 10 theses, you can avoid the biggest pitfalls and successfully manage tasks of this scale.
Everyone knows the feeling of standing in front of a task that is so big that you do not know where to start. The secret of successfully completing such a large task is to "break” that task “down" into smaller, easier-to-handle sub-tasks.