project
The German word 'Projekt' is used similarly to the English word 'project'. It refers to a planned undertaking, especially one that requires effort, organization, and the coordination of resources. In a business context, a 'Projekt' could refer to a specific task or set of tasks that a team is working on, often with a defined start and end date.
This project is very important for our company.
This statement is commonly used in a business context. A project (Projekt) is being referred to as being very important (sehr wichtig) for the company (unser Unternehmen).
He is working on a new project.
This sentence describes a person (er), presumably a colleague or a friend, who is engaged in a work (arbeitet) related to a new project (einem neuen Projekt). This new project is presumably not yet known to the listener.
The project must be completed by next month.
This statement is setting a deadline (nächsten Monat) for the completion (abgeschlossen sein) of a project (das Projekt). In a work setting, the project must be finished by a certain time, in this case, it’s the next month.