What Is A Project?

In its sixth edition, A Guide to the Project Management Body of Knowledge (PMBOK® Guide, Project Management Institute Inc., 2017) defines a project as “a temporary endeavor undertaken to create a unique product, service, or result” (p.582). In this definition, we should consider some essential points. The word “temporary” shows that project must have a defined start and end. And the purpose of a project is to “create a unique product, service, or result” which means a project is carried out to achieve a particular goal. 

Every project must contain the following components:
-    Goal: What are you trying to accomplish?
-    Timeline: When are you going to achieve it?
-    Budget: How much will it cost?
-    Stakeholders: Who are the major players in this project?
-    Project manager: Who is going to ensure everything gets completed?

Lastly, a project is conducted with a definitive start and end to achieve a specific goal. Therefore, a project is more than just a routine, or day-to-day operation.

IMT-PM - Global PMI R.E.P. #4760 offers various courses for PMP® Exam Preparation and PMP®/PgMP®/PMI-ACP®/PMI-RMP® Renewal.
Our best sellers are:

  1. 60 PDU Bundlehttps://online.imt-pm.com/course/60-pdus-bundle-70
  2. 50 PDU Bundle: https://online.imt-pm.com/course/50-pdus-bundle-75
  3. 39 PDU Bundle: https://online.imt-pm.com/course/39-pdus-bundle-76
  4. PMP Exam Preparation 35 PDU: https://online.imt-pm.com/course/pmp®-exam-preparation-38
  5. PMP Exam Simulator: https://online.imt-pm.com/course/pmp®-exam-simulator-full-40
Chat attention grabber