The point of the diploma thesis is to define what a development project is, to identify its different phases. The next point of the thesis is to identify the financial and personal management in development projects. The practical part of this thesis has to cover on one specific development project in Slovakia the variant solutions from the point of profit.

There are definitely many reasons for choosing off-grid wind power systems. Few key ones involve the positive enhancement of societies, economies and natural environments. From a project developers’ perspective these systems provide a large potential market, which can cover a wide range of applications with relatively reasonable costs.  In spite of this, many challenges may interfere with the diffusion and the success of such systems. In the report we discuss the various factors affecting  the implementation of off-grid wind power systems and demonstrate some of the challenges project developers may be facing during the planning stage. Some of these include the acceptance of stakeholders (local inhabitants in particular) and the securing of the financing of the projects.  Another noted challenge lying outside the control of project developers was found to be the absence of encouraging policies and incentives. As a conclusion the thesis provides a set of self-interpreted recommendations along with a flow chart. The concluded summary indicates some key factors that project developers should be aware of and careful when dealing with, these which include: The choice of the site, verification of projects’ economics along with the securing of a convenient finance. The recommendations also point out the great advantage in having local developers as these tend to be more capable in building relations with the local citizens and politicians.

The theoretical part of this master’s thesis is focused on explaining the related concepts of the development activities. In the practical section analyzes the development activities of Lettenmayer & Partner Company.

The subject of the thes is is the development project AZ Tower, implemented by Brno developer PROPERITY Ltd. The thesis describes the process of construction, manager's work and management risks of the project. It also describes organizational structure of the company and project management process. The work also includes an analysis of the developer market in Brno, focusing mainly on logistics, office and residential development. The thesis tracks construction of new flats and property market development as well.

The thesis discusses the theme “Financing development projects”. The first part deals with theoretical terms related to the issue. It also describes the process of activities related to the developer’s business. The second part is focused on a specific development project - Jundrovská administrative building, where the whole process of financing with own developer’s resources is explained and described. The third part is focused on proposal of other financing alternatives. This part specifies a bank loan as another possible form of financing a development project. The conclusion evaluates diversity of the development project process depending on the form of financing.