Mar 11, 2011

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What is a Project?

  • Mar 11, 2011
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  • Project can be small or large. Project are involves a group of inter-related activities that are planned and then executed in a certain sequence to create a unique product or service within a specific timeframe, cost and quality constraint in order to achieve outcomes/benefits. Projects are often critical components of an organization’s business strategy, or relate directly to policies and initiatives of the Government.

    Projects can be different size and complexity. For example, they may:
    - It could involve changes to existing systems, policies, legislation and/or procedures
    - It involves an element of risk and entails organizational change
    - Involve a single person or many people
    - Involve a single unit of one Agency/organisation, or may cross Agency/organizational boundaries
    - Involve engagement and management of external resources
    - Achieve beneficial changes; improve an organization through implementation business change such as: cost anywhere from $10,000 to more than a $1 million
    - It has specific time, scope, and limited resources such as labors, equipment and facility to allocate to project in a life span.

    Note: Project is different from your everyday work, it’s not a routine task and not repetitive. Specially, it done only once, a new product or service exists when the project is complete.

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