Abstract

The ability of project implementation is considered an important part of corporate reality. The current situation shows that project management is used not only in technology-oriented companies but has also found its place in other areas, mainly because of the effective implementation of the necessary corporate innovations. This article intends to analyze the use of project tools in various types of companies, including public institutions in the Slovak Republic. For the verification of the use of these tools, a random selection of 154 companies implementing projects in the Slovak Republic was used. In the research, we performed a cluster analysis and multivariate regression analysis. The results show the differential use of individual instruments not only in terms of the size of companies but also in terms of realized types of projects. The most important project management procedures are related to team communication, but also to clients and external experts. The results also show that the effective use of tools, especially in the project implementation phase and completion, significantly improves the success of projects.

Highlights

  • Projects and innovations are ubiquitous in our professional and private life - we live in the project company (Lundin et al, 2015) and in innovative companies (Rammert et al, 2015)

  • This part is focused on the presentation of research results on the use of project management in Slovakia

  • 26% of enterprises use the tools in this phase at a high level. 40% of tool enterprises do not use enough and do not use some at all. This survey deals with project management with the aim to find out how to promote the implementation of innovations and changes in Slovak enterprises

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Summary

Introduction

Projects and innovations are ubiquitous in our professional and private life - we live in the project company (Lundin et al, 2015) and in innovative companies (Rammert et al, 2015). Project management is undoubtedly one of the main topics within most organizations. It is increasingly used in various fields of business, and in a variety of subjects from start-ups and small businesses to multinational corporations. It is necessary to evaluate the real use of project management tools. As shown by a recent global survey of the use of project management is still a big part of the project does not meet its objectives (APM, 2015 PMI, 2018 Standish Group, 2018). The use of project tools is gradually improving (KPMG, 2017, PMI, 2018), there is still a clear gap and disproportion between use across sectors

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