WHAT IS A PROJECT?
Organizations perform work. Work generally involves either operations or projects, although the two may overlap. Operations and projects share many characteristics; for example, they are:
• Performed by people.
• Constrained by limited resources.
• Planned, executed, and controlled.
Operations and projects differ primarily in that operations are ongoing and repetitive while projects are temporary and unique. A project can thus be defined in terms of its distinctive characteristics—a project is a temporary endeavor undertaken to create a unique product or service. Temporary means that every project has a definite beginning and a definite end. Unique means that the product or service is different in some distinguishing way from all similar products or services.
Projects are undertaken at all levels of the organization. They may involve a single person or many thousands. They may require less than 100 hours to complete or over 10,000,000. Projects may involve a single unit of one organization or may cross organizational boundaries as in joint ventures and partnering. Projects are often critical components of the performing organization’s business strategy. Examples of projects include:
• Developing a new product or service.
• Effecting a change in structure, staffing, or style of an organization.
• Designing a new transportation vehicle.
• Developing or acquiring a new or modified information system.
• Constructing a building or facility.
• Running a campaign for political office.
• Implementing a new business procedure or process.
Organizations perform work. Work generally involves either operations or projects, although the two may overlap. Operations and projects share many characteristics; for example, they are:
• Performed by people.
• Constrained by limited resources.
• Planned, executed, and controlled.
Operations and projects differ primarily in that operations are ongoing and repetitive while projects are temporary and unique. A project can thus be defined in terms of its distinctive characteristics—a project is a temporary endeavor undertaken to create a unique product or service. Temporary means that every project has a definite beginning and a definite end. Unique means that the product or service is different in some distinguishing way from all similar products or services.
Projects are undertaken at all levels of the organization. They may involve a single person or many thousands. They may require less than 100 hours to complete or over 10,000,000. Projects may involve a single unit of one organization or may cross organizational boundaries as in joint ventures and partnering. Projects are often critical components of the performing organization’s business strategy. Examples of projects include:
• Developing a new product or service.
• Effecting a change in structure, staffing, or style of an organization.
• Designing a new transportation vehicle.
• Developing or acquiring a new or modified information system.
• Constructing a building or facility.
• Running a campaign for political office.
• Implementing a new business procedure or process.
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