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Regional Competitiveness And Project Management Essay

1884 Words8 Pages

Today we are surrounded by projects that affect many areas of our lives. Large infrastructural investments – subway, bridge, railway and highway construction, building residential communities - are completed as projects. Large enterprises start projects to develop new products, services and to introduce them to the market. “Project” is also one of the most often used terms regarding the planning, organizing and hosting of international sporting and cultural events. The culture of projects has not only spread rapidly in the last few years among small- and medium-sized enterprises and the public sector in the member states of the European Union, but project management methods, techniques, and related knowledge used during these projects are also of extreme importance.
These projects have become part of organizational and regional development strategies. The purpose of projects is to contribute to the realization of organizational and regional development strategies and goals. The realization of organizational strategic goals affects the …show more content…

Basic categories measure the regional competitiveness and include income created in the region, labour productivity and the rate of employment. The development factors of regional competitiveness have a direct, meanwhile the success determinants an indirect impact on these basic categories.
Figure 2 introduces the relationship between regional competitiveness and the successful realization of development projects of organizations operating in a region. Projects related to factors like R&D, human capital or large infrastructural development have a direct affect on regional competitiveness. Projects contributing to social, economic or environmental improvements through the realization of organizational strategies can have an impact on the basic categories in the long

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