Essay from the year 2022 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Boston University, language: English, abstract: This essay uses the development of the first fully electric vehicle as an example to analyze Porsche's project management.After starting the project to develop a fully electric vehicle in 2015, Porsche performed research and built different concept cars for three years. After another year of further optimization on the final car, they finished the project after four years by delivering the first fully electric car at the end of 2019. The name of the car is Porsche Taycan. While Porsche knew the scope of developing a car and already had contact to most stakeholders, this project still was different from their other operations.