Project Management 101

Friday, March 17, 2006

What is a Project?

A unique and temporary undertaking which results in a unique product.

Every project has a definite beginning and an end. The start of a project may be somewhat unclear on many projects, but often initiated with a kickoff and a project manager being sassigned. At least the end date is clearly defined and agreed by all stakeholders, so that the project can be officially deemed closed or terminated.

Every project has a unique product. This could be in the form of services or a tangible product such as a prototype car, a bridge, a building etc...

Projects are many these days, and they are found in our lives, our offices, our governments, small and big corporations.

However do not confuse projects with on-going operations.

Stay tuned for our next article on what is an on-going operation in Project Management 101.

Labels: , ,


Post a Comment

<< Home