Innovative Project Management Practices for Enhanced Business Performance: Case Insights

Abstract

We conducted the research as a case study in a selected company. The Slovenian company employs between 300 and 350 employees, of which 100 work in management. The first significant step in the Automotive industry occurred at the beginning of 2018 when the first important project was acquired, representing 1/3 of the annual turnover of EUR 30,000,000. Constant growth and, as a result, an ever-increasing number of new projects demanded the reorganisation of the company and the formation of a separate and independent project office for the needs of the Automotive industry. As part of the research, we explore the research problem: effective management of projects or project resources from the point of view of the company's business performance. Through systematic work and the vision of the company’s management, we showed the increase in efficiency of the project team's reduction of costs, which means better competitiveness in the global market for the future.