Project

A time-limited effort carried out to produce a distinct product, service, or outcome.

Key Points

  • Has a defined beginning and end; it is not ongoing operations.
  • Creates a unique deliverable (product, service, or result), not a repetitive process.
  • Managed within constraints such as scope, schedule, cost, quality, resources, and risk.
  • Closes when objectives are met, funding ends, or it is terminated early.

Example

A company runs a 9-month effort to implement a cloud-based CRM: gather requirements, configure the system, migrate data, train users, and go live. After acceptance and handover to support, the project is formally closed.

PMP Example Question

Which situation best represents a project rather than ongoing operations?

  1. Running monthly payroll for all employees
  2. Building a new branch office to enter a new market
  3. Monitoring server uptime and applying routine patches
  4. Answering daily customer service calls

Correct Answer: B — Building a new branch office

Explanation: It is a temporary effort with a defined start and end that delivers a unique outcome.

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