A Project Is....
- A group of tasks, performed in a definable time period, in order to meet a specific set of objectives.
- It is likely to be a one-time program.
- It has a life cycle, with a specific start and end.
- It has a work scope that can be categorized into definable tasks.
- It has a budget.
- It is likely to require the use of multiple resources. Many of these resources may be scarce and may have to be shared with others.
- It may require the establishment of a special organization, or the crossing of traditional organizational boundaries
Major components of project consists of
- Work of scope.
- Time.
- Resources.
- Costs.
- Quality.
- Communication.
- Risk.
- Contracts and Procurement.
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