Define a project. What are five characteristics that help differentiate projects from other functions carried out in the daily operations of the organization?

1.     Define a project. What are five characteristics that help differentiate projects from other functions carried out in the daily operations of the organization?

A project is a complex, no routine, off-time effort limited by time, budget, resources, and performance specifications designed to meet customer needs
•         An established objective
•         A defined life span with a beginning and an end
•         Involvement of several departments
•         Doing something unique
•         Time, cost , and performance requirements
•         To serve customers needs

2.      Compression of the product life cycle, Global competition, Knowledge explosion, corporate downsizing, increased customer focus, and small projects represent big problems are all environmental factors.

3.      It is important to strategic planning and the project manager because with a project there is so much going on between so many different people so the manager has to be able to implement a plan and have people follow it. This is the only way a project can run smoothly and with the least amount of problems. If the manager is able to get the best success with good project implementation.