ABSTRACT
Projects are instruments of change, to prepare or adapt organizations to developments in their competitive environment. New developments change the marketplace every day, whether resulting from technological progress, new regulations, globalizing economy or inventive competitors. Organizations must continuously react to these developments, or anticipate new ones, by introducing new products and services, improving business processes, changing resources, expanding their activities or terminating obsolete ones. Selecting the right changes and organizing and managing them in an effective and efficient way are for many organizations a critical success factor for business agility and sustainable success.
