What is a Project ?

A Project is a “Set of TIME-BOUND Activities with constraints such as COST , SCOPE and TIME” that means you have a specific start time and a specific end time, Of course we have certain boundaries and constraints to do this activities they might be cost , scope, time and  other aspects
 

PMBOK Definition , 

“A temporary endeavor undertaken to create a unique product, service or result.”

First of all it has a specific goal which should be measurable, Challenging, specific and scheduled. The end date of a project which is a part of the goal leads to the first restriction: a lack of time. All projects are characterized by a lack of time

The biggest problem faced by Project Managers are TCS means time, cost and scope.

Secondly most project managers don’t receive sufficient resources like personal staff. A project would not be a project if you had more time, resources, cost and scope to achieve your goals. Exactly the opposite is the project reality.

Every project is always a deadline based which is called a constraint in project for Example : Mr. Narendra Modi AD campaign at the time of 2014 election, TATA Nano Car Launch ,Delhi Metro , New Delhi Airport all of these are project but certain specific deadlines were given to them, could you recognize one thing in common they are not operations , Once project is finished it would be operated by operations department

A project manager has to tackle changes towards T.C.S therefore he uses professional project management tools which can help him to stay abreast and not to lose focus.

Project can be of many types

• Business & Organization Change Projects :- Internal   Software Development project

• Complex Projects :- Indira Gandhi International Airport

• Constructions Projects :- A Large construction project may be like DLF

• Disaster recovery projects

• Events Projects :- Oscar Awards or as an Event

Professional Project Management follows universal rules. This mean it doesn’t matter for which of the reasons described above a project is started. The project manager will always have to deal with restrictions of money, personal staff and time. 

For the moment it is enough to have an impression of what a project is and why should you use professional management tools in order to realize your personal challenges more effectively.

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Project Versus Operations
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Project Statement of Work Versus Business Case
Assumptions Versus Constraints
Corrective Actions Versus Preventive Actions Versus Defect Repair