Project Management ( Part 1 )

Project

What Is a Project?

Project Defined (according to PMI):

  • A temporary endeavor undertaken to create a unique product, service, or result.

Major Characteristics of a Project:

  • Has an established objective.
  • Has a defined lifespan with a beginning and an end.
  • Involves several departments and professionals.
  • Involves doing something never done before.
  • Has specific time, cost, and performance
    requirements.
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