Projects are initiated in response to a problem or to take advantage of an opportunity. They are defined as a temporary endeavor that consumes resources, incurs cost and produce deliverables over a finite period of time to achieve a specific goal. Projects come in all shapes and sizes. They can vary in length or complexity, but the above mentioned definition of a project holds true for all of them.
Listed here are examples of projects:
-Organizational Process Re-Engineering
-Relocation Of Facilities & Equipment
-Designing A Web Enabled Systems
-Developing New or Enhancing Existing Products
-Migration from mainframe to a windows-based distributed client-server system
Project management is the art and science of planning, controlling and tracking of activities and resources to achieve the organization’s strategic and business objectives.