- TEMORARY WITH A BEGINNING AND END
- PERFORMED BY PEOPLE
- CONSTRAINED BY LIMITED RESOURCES
- PLANNED, EXECUTED AND CONTROLLED
- CREATES UNIQUE PRODUCT
- DONE FOR A PURPOSE
- HAS INTERRELATED ACTIVITIES
- IS PROGRESSIVELY ELABORATE
Examples of projects
- Developing a new product or service.
- Effecting a change in structure, staffing, or style of an organization.
- Designing a new transportation vehicle.
- Developing or acquiring a new or modified information system.
- Constructing a building or facility.
- Building a water system for a community in a developing country.
- Running a campaign for political office.
- Implementing a new business procedure or process.