What is a student project

Project

1. Term: Temporary, relatively innovative and risky task of considerable complexity, which due to its difficulty and importance usually requires a separate project management (PM).

2. Regulation: Project management, project management and the associated terms are regulated in the DIN 69900 and 69901 standards.

3. Features: a) Project subject: Product, construction, organizational, IT, renovation projects, etc.

b) Internal or external client: Internal projects are initiated by in-house clients and processed using the company's own resources (human and material potential). In the case of external projects, the order is placed by an external client; this determines the subject of the project on the basis of a contract to be concluded; The contractor is the company carrying out the project.

c) Complexity: The diversity of relationships between the components involved in the project determine the degree of complexity; can be of a technical or organizational nature.

d) Degree of innovation: Is determined by the development or use of new technologies.

e) Project size: Can be measured by the project costs, the duration of the project and the number of project elements and the density of relationships between them.

4. Examples: Creation of turnkey manufacturing plants, development of new types of products, conversion of production to new technology, reorganization.

5. Since several organizational units regularly have to work together to implement a project, there is often a special one Project organization expedient.

See also international project.