It may seem unnecessary to discuss the basics of projects, but you would be surprised to know how elusive an understanding of them can be. Accordingly, I offer the following ‘primer’ in the hope that it will help you to embed an understanding of projects across your organization.
There are many definitions for the term project. I prefer the following:
A project is a temporary endeavour undertaken to create a unique product or service.
The words ‘temporary’ and ‘unique’ are the important ones.
Projects are temporary because, unlike operational activities, they finish and do not start again.
For example, your organization, like any organization, will have bills to pay. But your accounts payable ...