
What is a project?
A project is a temporary endeavor aimed at creating a unique product, service, or result.
The temporary nature of projects indicates the presence of a specific start and end.
Projects are temporary, but their deliverables can exist even after the project is completed.
Projects are referred to as a “temporary enterprise.” What does this mean?
A project is concluded when:
- Its goal is achieved
- Its goal will not or cannot be achieved
- Project funding is exhausted and cannot be renewed
- The need for the project has disappeared
- Legislative changes have occurred
Tag:Project, Standard, Terminology