In your business you have a number of projects that you need to accomplish, I was watching a webinar that broke out some details regarding “projects.  It got me thinking about mine in a slightly more organized fashion.

A “Project” is an individual or collaborative enterprise that is carefully planned to achieve a particular aim.

What makes a project:

  • Scope
  • Schedule
  • Resources

These components are balanced, a change in one will affect the others.

A project is also broken into phases:

  • Initiation
  • Planning
  • Execution
  • Closing

 

Spelling out that a process or a program are not projects.  I agree but initializing a process or a program starts with a project.  Once implemented they are no longer projects.

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