Tuesday, February 5, 2008

What is a Project?

Definition: A project is a temporary endeavor undertaken to crate a unique product or service.

Attributes that define a project: 
  1. A project has a unique objective. 
  2. A project is temporary.
  3. A project requires resources (
    • people, 
    • hardware, 
    • software, 
    • asset).
  4. A project have sponsor (person from the Client side which normally:
    •  have budget or 
    • have budget control). 
  5. A project have uncertainty (difficulty in defining:
    • scope, 
    • clear objectives, 
    • project durations, and 
    • project cost). 

3 main project constrains are: 
  1. Scope - what are the tasks to achieve project objectives?
  2. Time - estimation to complete a task.
  3. Cost - what will be the project cost, risk of additional/hidden cost?

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