Why hybrid projects fail - Development of a retrospective assessment method for hybrid projects

Abstract

Globalization of and the need for constant change in business causes a demand for innovation, and this can be successfully introduced in the form of projects. Today we no longer speak of management of individual projects and related methods and techniques projects are a form of management and there are project-oriented businesses. Where previously the preferred method was one granting transparent development of individual projects, the recent years have seen project management become the very means of realizing business management strategy.With the increase of importance of project management in businesses, their demand for professional management of individual projects and project portfolios is on the rise. This has lead the managers of businesses and organisations alike to ask several questions: what is the quality of project management in our company/organisation? what internationally recognized project management standards do we apply? do our project managers and teams have corresponding education from internationally recognized professional higher education programmes? are our teams certified? do our project managers and teams receive support suitable for the situation? are we using the best project management models for our type of business? These questions are the subject of the research done by our conference participants. The reports submitted to our conference discuss issues topical to professionalization of project management.The reports to be presented during the plenary session and three sections of the conference, and which are published in this edition, represent a valuable investment into the further development and professionalization of project management.On behalf of the conference organizers, I would like to thank all the authors who have contributed to these conference proceedings (7 th International Scientific Conference on Project Management in the Baltic Countries) and wish them many new ideas and their successful application.Prof. (emer.) Dr. oec. Žaneta Ilmete Chairman of the board of the Professional Association of Project Managers The University of Latvia, Riga Project Management Development -Practice and Perspectives