This project report has been writen by four international students studying at the university of Vitus Bering Denmark. Its purpose is to provide a closer view on the establishment of a new company, producing software applications, in particular SAP applications. We started our work from a problem, that was finding a new way to manage projects and for this reason our focus has been on a particular kind of program, enabling the companies and the workers to control their projects and the hours spent by each employee on each project.