Project Management During Times Of Economic Crisis: The Czech Experience
Abstract
The recent global economic crisis attracts analyses often from a macroeconomic perspective. There exists an evident gap in that the real consequences at the microeconomic level merit little attention. In today’s environment, Project Management remains the vehicle of choice for organisations and enterprises wishing to implement strategic and multidimensional programmes. This paper explores the results of research conducted over a three-year period (2007 – 2010) using a sample of companies operating in the Czech Republic. The quantitative and qualitative data obtained from an expert survey reveal significant changes in the management of projects subject to the economic crisis. In addition, the paper permits the reader a clearer understanding of the tangible impact of the crisis on Project Management for a given country.
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