Has an end-date
Goes on forever
Things need to be done to create that something
Always takes a long time
Management Products - products used to manage the project, eg. Project Plan
Specialist Products - outputs specific to each project.
Business Products - outputs specific to each organization.
Justification for the project based on the costs of development and operation to achieve specific measurable benefits against the risks.
Justification for the project based on efforts to achieve as many measurable benefits as possible.
Justification for the project based on the business plan.
Projects will involve different functions within an organization from financing to the delivery only.
Projects will involve different functions within an organization from the financing to the delivery. Some projects will also involve 3rd party suppliers to delivery specific specialist products.
Projects will involve 3rd party suppliers to deliver specific specialist products only.
New or changed legislation
Mergers and acquisitions
Business opportunity or threat
Scope - The boundaries of the projects activities
Size - The size of the benefits
Time - Timeframe for the project
Cost - Budgets including Risk and Change
Quality - The fitness for purpose of project products
Quantity - The number of deliverables
Risk - Things we know we don‟t know and things we don‟t know we don‟t know. Uncertainties, in other words.
Benefit - Business improvements from having implemented the projects outputs.
Customer Products - the number of new products produced.