This pdf document is generated by the NoteBook Free version.

(to remove this line, purchase a NoteBook Pro version)

1
Project and Project management

Define project and project management and explain characteristics of project

A project is a temporary endeavor that has a defined beginning and end, with a specific goal or
objective to be achieved. Projects are often unique and require a coordinated effort among a team
of people with diverse skills and expertise. Examples of projects include building a new software
application, constructing a building, or launching a marketing campaign.

Project management is the process of planning, organizing, and coordinating resources (such as
people, materials, and time) to achieve the goals and objectives of a project. It involves
identifying project requirements, creating a project plan, managing resources, monitoring
progress, and making adjustments as needed to ensure successful project completion.

The following are some characteristics of a project:

Unique: Every project is different and has its own set of objectives, deliverables, and constraints.

Temporary: A project has a defined start and end date, and once the project is complete, the team
disbands.

Specific goal: A project has a specific goal or objective to be achieved, and it is the responsibility
of the project team to ensure that this goal is met.

Cross-functional: Projects often involve people from different departments or areas of expertise,
who work together to achieve the project’s objectives.

Risk: Projects involve uncertainty and risk, which need to be managed effectively to minimize
their impact on the project.
This pdf document is generated by the NoteBook Free version.(to remove this line, purchase a NoteBook Pro version)

2
Project and Project management

Progressive elaboration: Projects often require additional planning and refinement as new
information becomes available or as the project progresses.

Resource constraints: Projects have limited resources, such as time, money, and personnel, which
need to be managed effectively to ensure project success.

Deliverables: Projects have specific deliverables that are expected at the end of the project, which
should be measurable and aligned with the project goals.