PROJECT
DEFINITION
PMI is Project Management Institute defines a project as any transitory undertaking having a specified beginning.
PMBOK Guide's Definitions, a project is a
short-term attempt performed to develop a one-of-a-kind product. service. or outcome.
ATTRIBUTES OF A PROJECT
Planned Organizational Change
Employee welfare measures, changes in the incentive system, introduction of new products and technologies, organizational restructuring, team building, enhancing employee communication as well as technical expertise fall under the category of Planned Change.
Time Frame
Defined as a span of times during which something might happen or occur.
Resources
It s one of the components required for a successful project implementation.
Risk & Assumptions
Something that you assume to be the case, even without proof. While there is a clear relationship between assumptions and risks
Interdependent Tasks
The extent to which team members work collectively, affect and are affected by others.
Ownership
The state or fact of legal possession and control over property
Roles
A group that includes individual such as the project manager, project sponsor, subject matter expert and technical expert.
Operate in Environments Larger Than the Project Itself
Project environment represents a connection, where the project is processed. It impacts the project and is, therefore, conditioned. Such an interaction is provided by numerous factors as operational, physical, ecological, social, cultural, economic, psychological, financial, organizational
Purpose
Those activities the purpose of which is for personal enjoyment, private gain or an outside endeavour not related to state business.