Features - 1

Projects:

• Are building blocks in the execution of corporate strategy

  • And likely to be a one-time program
  • And requiring multiple resources, often scarce
• Are the vehicle for creating new products and services

  • Or for the implementation of organizational change
• Are ad hoc endeavors with a definitive life span

  • Each with separate budgets
• Require forward-looking management in an environment of uncertainty for successful completion
• Have a work scope that can be broken down

  • Into groups of tasks performed to meet specific objectives

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