What is a project?

I guess that is where it all starts. So, it would be helpful to try to define exactly what a project is – what makes it different from other activities such as running a repair service or maintaining the shop floor – and the distinguishing attributes of a project.

1. A project is a one-time effort with specific objectives and deliverables.
   
2. A project requires a commitment of personnel, capital, and other resources over a period of time.
   
3. A project has a defined start and end date.
   
4. A project is executed by an organized team.
   
5. A project has a certain amount of complexity and is not business as usual (operations).

A strategic project is focused on expanding or changing your organization’s objectives, capabilities, or direction in order to achieve a higher level of success. (e.g., build a new facility; reengineer a business process or workflow.) A tactical project is designed to produce a specific deliverable (e.g., develop a new sales brochure; choose a replacement for an aging computer).