Project Management of Publicly Subsidized Projects

For companies, the public support of research & development projects by the federal ministries is associated with a substantial reduction of financial risk. The funding is tailored to fields of innovation & technology and directed towards companies through funding programs.

The investments in research & development projects are supported by funding programs at an average funding rate of 40%.

This, however, is also associated with administrative and project-specific requirements. Attention should be paid to a number of specifics starting from the project proposal to project controlling, all the way to project reporting. PEC is able to draw on its extensive experience gained from already executed projects.

Project Definition

Specification of research objective
Stakeholder analysis

Project Planning

Work package planning (determination of WP-head & description of work packages in coordination with the project members)
Type of cost planning and communication with the project sponsor
Generation & coordination of project structure plan & project organigram
Generation & coordination of project milestone planning
Rough and detailed planning of budget & capacity distribution per work package

Project Proposal

Creation of the formal project proposal
Project sponsor communication
Execution of the kick-off event

Project Execution and Controlling

Organization of project and sub-project discussions
Specification of the annual finance plans
Tracking budget, capacity per work package
Monthly reports on budget and capacity status in collaboration with sub-project heads and Subsidy Controlling.
Preparation of a change and reclassification proposal in the event of project changes
Generation of a semi-annual and annual report for the federal ministry

Project Conclusion

Formal:
- Final report as project documentation
- Final presentation for project discharge
Social:
- Project conclusion celebration with project team