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Project Management
1
1W
HAT
 
IS
 
A
P
ROJECT
?
1.1A project is any sort of planned undertaking
All of us have been involved in projects, whether they be our personal projects or in businessand industry. Examples of typical projects are for example:
Personal projects:
obtain an MBA
write a report
 plan a wedding
 plant a garden
 build a house extension
Industrial projects:
construct a building
 provide a gas supply to an industrial estate
 build a motorway
design a new car 
Business projects:
develop a new course
develop a new course
develop a computer system
introduce a new product
 prepare an annual report
set up a new officeProjects can be of any size and duration. They can be simple, like planning a party, or complex like launching a space shuttle.Generally projects are made up of:
a defined beginning,
multiple activities which are performed to a plan,
a defined end.Therefore a project may be defined as a means of moving from a problem to a solution via aseries of planned activities.
A project is a means of moving from a problem to a solution via a series of plannedactivities.
A project has a definite beginning and end.
Projects consist of several activities.Two essential features are present in every project no matter how simple or complicated theyare. In the first place, all projects must be
 planned 
out in advance if they are to besuccessfully executed. Secondly, the execution of the project must be
controlled 
to ensurethat the desired results are achieved.
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Prepared by Tomas Sabol based on notes of John Marsh, University of Wolverhampton, UK.
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