what is a project
definition:
Defining a Project
A project is a sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by a specific time, within budget, and according to specification.A Business-focused Definition:
A project is a sequence of finite dependent activities whose successful completion results in the delivery of the expected business value that validated doing the project.the project landscape:
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| goal |
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Program:
A program is a collection of related projects that share a common goal or purpose.
Portfolio:
A portfolio is a collection of projects that share some common link to one another. For example:- Same business unit
- New product development projects
- R & D projects
- Maintenance projects
- Process improvement projects
- Staffed from the same resource pool
- Same budget
the Scope Triangle:
sides: time, cost, resourse availablility
The lengths of the three sides exactly bound scope and quality. Prioritizing the Scope Triangle: time > resourse availablility > quality > scope > cost (Flexible)Classification rules
A classification rule can help you choose that suitable approach.by Project Characteristics
- Risk
- Business Value
- Duration
- Complexity
- Technology used
- Number of departments affected
- Cost
by Project Application
- Installing software
- Recruiting and hiring
- Setting up a hardware system in a field office
- Soliciting, evaluating, and selecting vendors
- Updating a corporate procedure
- Developing application systems