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Understanding Project Definition and Characteristics

Projects are unique, temporary endeavors undertaken to create a product, service or result. They have start and finish dates, and are completed once objectives are met or if terminated. Projects are distinguished by their uniqueness, temporary nature with a clear start and end, and completion once goals are achieved or deemed no longer worthwhile. Key stakeholders should be identified for any temporary endeavor to determine if it is indeed a project.

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Czamille Rivera Gonzaga
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136 views1 page

Understanding Project Definition and Characteristics

Projects are unique, temporary endeavors undertaken to create a product, service or result. They have start and finish dates, and are completed once objectives are met or if terminated. Projects are distinguished by their uniqueness, temporary nature with a clear start and end, and completion once goals are achieved or deemed no longer worthwhile. Key stakeholders should be identified for any temporary endeavor to determine if it is indeed a project.

Uploaded by

Czamille Rivera Gonzaga
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Project Definition

- BS 6079-2:2000 Project Management


Vocabulary, states that a project is:

A unique process, consisting of a set of


coordinated and controlled activities with start
and finish dates, undertaken to achieve an
objectives conforming to specific requirements,
including constraints of time, cost and
resources.

- Project Management Institute (PMI) defines a


project as

A temporary endeavor undertaken to create a


unique product, service, or result. The
temporary nature of projects indicates a definite
beginning and end. The end is reached when
the project’s objectives have been achieved or
when the project is terminated because its
objectives will not or cannot be met, or when
the need for the project no longer exists.

Project Characteristics

Somethings to keep in mind. First, is it a project


or an ongoing operation? Second, if It is a
project, who are the stakeholders? And third,
what characteristics distinguish this endeavor
as a project?
Projects have several characteristics:
 Projects are unique.
 Projects are temporary in nature and
have a definite beginning and ending
date.
 Projects are completed when the
project goals are achieved or it’s
determined the project is no longer
valuable.

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