Projects of very different natures are continuously changing the world in which we live. Project management offers the right instruments to solve the multitude of problems that arise during the life of a project from its beginning to its completion. No space satellite could be designed, no computer program developed, no skyscraper built, and no company organized efficiently without PM. In honor of the 65th birthday of R.W. Gutsch, 29 authors from 16 countries have contributed to this publication. It covers the fundamentals of project management as well as the PM techniques and software, PM organization and human factors and applications in effectively managing projects. The contributions demonstrate the enormous progress that has taken place in PM within the past years in a language and style which is understandable for project managers in both industrialized and developing countries.