Project management: foreign and domestic experience of application

The formation of modern economic system entails an increase in competition between companies operating in a constantly dynamic environment. As a consequence, more and more organizations form their activities around project management. It thereby empowers them to be more flexible, to set clear goals and achieve them, and it increases the involvement of project participants in the process because everyone has a stake in the successful completion of the project. More and more organizations are realizing the value of project management. There are many factors in any business that can make a good project relevant to different industries. Obviously, project management is ideal for activities that require speed, flexibility, and professionalism.