Project Management with SAP R/3

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Which kind of structuring is used depends on the focus of the project. Objects orientation is
often used, if the main part of the project is a physical object like a power plant. Functional
organisation is preferred, if many different parts of an organisation or many organisations are
involved.
In practice, all three kinds of structuring are used within one WBS.
Project Management can be defined as planning, directing, and controlling resources
(people, equipment, material) to meet the technical, cost and time constraints of the
project.5
The primary reason why projects fail is insufficient effort in the planning phase.

Project Management thus is considered as very important.