Rohan Kumar Purbey

5164

A project is defined as a “temporary endeavor with a beginning and an end and it must be used to create a unique product, service or result”. Further, it is progressively elaborated It is a set of those activities that cannot go on indefinitely and must have definite purpose. A typical project has following characteristics: • Timeline: A project has a definite timeline with measurable starting and end point. • Resources: A project has limited resource of capital and manpower. • Tools: Special type of tools and techniques are used for project management (Gantt Charts, etc.) • Team: Project management requires diverse team stretching across departments and functions.