Look up project in Wiktionary, the free dictionary.
A project is a type of assignment, typically involving research or design, that is carefully planned to achieve a specific objective.[1]
An alternative view sees a project managerially as a sequence of events: a "set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations".[2]
Open-source software "projects" or artists' musical "projects" (for example) may lack defined team-membership, precise planning and/or time-limited durations.
Overview
Based on the Project Management Institute's definition, a project can be defined as a "temporary endeavor" aimed to drive changes in teams, organizations, or societies. The output of a project is normally a unique product, service, or result.[3]:Section 1.2 Projects can be short-term or long-term.
Cancellation
Project cancellation is the termination of a project prior to its completion and generally includes the cessation of access to funding and other project resources. Project cancellation may result from cost overruns, schedule overruns, changes in budget, change or obviation of the goal of the project, political factors, or any combination of those and other factors. Contracts often stipulate the time and the manner in which a project may be cancelled.
Contracted projects typically have a specified end date, when the contract may or may not be renewed; nonrenewal often has the same effect as cancellation but carries different legal ramifications.
By measuring uncertainties in cost, schedule and expected benefits, including elements that are often viewed as intangible, project teams can detect the risk of overruns or shortfalls earlier in the lifecycle. Given that only a tiny fraction of projects, less than half of one percent are completed on time, on budget, and deliver their expected benefits, this measurable approach offers a way to improve forecasting accuracy, support informed decisions and reduce the likelihood of cancellation or value shortfall.[7]
Definitions
A project consists of a concrete and organized effort motivated by a perceived opportunity when facing a problem, a need, a desire or a source of discomfort (e.g., lack of proper ventilation in a building). It seeks the realization of a unique and innovative deliverable, such as a product, a service, a process, or in some cases, a scientific research. Each project has a beginning and an end,[8]:53[3]:Section 1.2 and as such is considered[by whom?] a closed dynamic system.[citation needed] It is developed along the 4 Ps of project management: Plan, Processes, People, and Power (e.g. line of authority).[citation needed] It is bound by the triple constraints that are calendar, costs and norms of quality,[8]:53 each of which can be determined and measured objectively along the project lifecycle.[citation needed] Some projects produce some level of formal documentation, the deliverable(s), and some impacts, which can be positive and/or negative.[8]:52
Some projects are designated as "major projects" because of their scale and significance, while extremely large-scale construction and investment projects may be referred to as "megaprojects". In Canada, the Major Projects Office's role focusses on projects designated by the government as "national interest projects", while the UK's Major Projects Authority, which existed before 2016, covered "around 200 major projects with a total whole life cost approaching £500 billion".[9]
Specific uses
School and university
At schools, educational institutes and universities, a project is a research assignment - given to a student or group of students - which generally requires a larger amount of effort and more independent work than that involved in a normal essay assignment. It requires students to undertake their fact-finding and analysis, either from library/internet research or from gathering data empirically. The written report will typically contain sections on the project's inception, analysis, findings and conclusions.[10]
In project management, a project consists of a temporary endeavor undertaken to create a unique product, service or result.[3]:Section 1.2 Another definition is a management environment that is created for the purpose of delivering one or more business products according to a specified business case.[11] Projects can also be seen as temporary organizations.[12]
Project objectives define target status at the end of the project, reaching of which is considered necessary for the achievement of planned benefits. They can be formulated as SMART criteria:[3]:Section 2.7.1.2[13] Projects are often guided by a steering group.
Specific
Measurable (or at least evaluable) achievement
Achievable (recently Agreed to or Acceptable are used[by whom?] regularly as well)
Realistic (given the current state of organizational resources)
Time terminated (bounded)
The evaluation (measurement) occurs at the project closure. However, a continuous guard on the project progress should be kept by monitoring and evaluating.
Civil and military construction and industry infrastructure
In civil, military and industry (e.g. oil and gas) infrastructure, capital projects refer to activities to construct and install equipment, facilities and buildings. As these activities are temporary endeavors with clear start and end dates, the term "project" is applied. Because the results of these activities are typically long-standing infrastructure, with a life measured in years or decades, these projects are typically accounted for in financial accounting as capital expenditures, and thus they are termed "capital projects".
It can be defined as "a set of state policies and/or agencies unified around a particular issue or oppression".[16] Therefore, these kinds of projects involve constant change and dynamism due to the social constructions that evolve among time. State projects have to adapt to the current moment. They are mostly community services based.
Infrastructure code
In the context of infrastructure code, a project is a collection of code used to build a discrete component of the system. There is no rule on how much a single project or its component can include.[17]
Types
Some analyses of project-oriented activity distinguish - using military-style terminology - between grandiose strategic projects and more trivial or component operational projects: tactical projects.[18][19]:208,Chapter 15: Dealing with 'Unprojects'
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Compare: "definition of project in English from the Oxford dictionary". English. Oxford Dictionaries. 2016. Archived from the original on 30 July 2012. Retrieved 6 September 2016. Definition of project project in English: [...] An individual or collaborative enterprise that is carefully planned to achieve a particular aim [...]
↑"What is a project? definition and meaning". BusinessDictionary.com. Retrieved 10 June 2018. project [:] [...] Planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations.
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Compare the somewhat circular definition:
Manning, Stephan (2008). "Embedding projects in multiple contexts – a structuration perspective". International Journal of Project Management. 26: 35. doi:10.1016/j.ijproman.2007.08.012. S2CID111365140. Retrieved 6 September 2016. Two theoretical propositions have been made: First, projects as temporary systems are characterized by certain structural properties, in particular task specifications, time constraints and team relations, that guide project activities.
↑Hubbard, Douglas W.; Budzier, Alexander; Leed, Andreas Bang (2026). How to measure anything in project management. Hoboken, New Jersey: Wiley. ISBN978-1-394-23982-5.
↑Thomas, G: How to do your research project. Sage Publications Inc, 2009....
↑R. Max Wideman (2004), A Management Framework: For Project, Program and Portfolio Integration. p. 30
↑Turner, J. Rodney, and Ralf Müller. "On the nature of the project as a temporary organization." International journal of project management 21.1 (2003): 1-8.
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Banks, Linda (2017). "What Is a Strategic Project?". Small Business. Houston Chronicle. Hearst Newspapers, LLC. Retrieved 9 February 2017. Organizations can be good at tactical projects, such as moving to a new building or introducing a new product. These are projects that have one operational goal, which probably does not entail contributions by most employees within the organization. In these projects, meeting a tactical goal on time and within budget are key considerations. A strategic project, on the other hand, has a primary goal of gaining the competitive advantage by focusing on the organization's overall direction.
Deric., Shannon (1 January 2011). Political sociology: oppression, resistance, and the state. Pine Forge Press. ISBN9781412980401. OCLC746832550.
Hundhausen, Richard (2006). Working with Microsoft Visual Studio 2005 Team System. Developer Reference Series (2ed.). Microsoft Press. p.108. ISBN9780735621855. Retrieved 10 February 2017. After a design has been validated the Application Designer will generate a skeleton implementation with projects, code, and configuration files that precisely match the design.
Mesly, Olivier (2016). Project Feasibility: Tools for Uncovering Points of Vulnerability. Systems Innovation Book Series. New York: CRC Press (published 2017). p.53. ISBN9781315295237. Retrieved 17 June 2019. For the purpose of a feasibility analysis, a project is a concrete and organized effort that leads to the realization of a unique and innovative deliverable, which can be a product, service or process, or even a science research initiative, which is conceived based on a perceived opportunity. The project has a beginning and an end, which can sometimes serve as a new bedrock for a different project. It involves a plan, some processes, people and a line of authority; it contains inherent challenges and problems.
Mittal, Prashant (December 2009). "Programme Management: An Introduction". Programme Management: Managing Multiple Projects Successfully. New Delhi: Global India Publications (published 2009). p.1. ISBN9789380228204. Retrieved 13 June 2021. Programme Management is the process of managing multiple independent projects [...]. [...] Projects deliver outputs; programmes create outcomes. [...] Programme management is concerned with doing the right projects, whereas project management is about doing projects right.
Project Management Institute (2021). A guide to the project management body of knowledge (PMBOK guide) (7thed.). Newtown Square, PA: Project Management Institute. ISBN978-1-62825-664-2.
Williams, Todd C.; Kendrick, Tom (2011). "15: Dealing with 'Unprojects'". Rescue the Problem Project: A Complete Guide to Identifying, Preventing, and Recovering from Project Failure. AMACOM Division: American Management Association. p.208. ISBN9780814416839. Retrieved 9 February 2017. The strategic project has a long-term goal to satisfy needs not included in the funding project. [...] a strategic project usually has scope as its most critical issue, while a tactical project has schedule, cost, or a different set of scope as the primary constraint.{{cite book}}: CS1 maint: publisher location (link)
