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Project

What is a project? Definition and meaning

The term “project” refers to a unique, time-limited endeavour. It brings together activities that must be carried out under certain constraints, such as time, resources and quality, and defines a goal to be achieved through them.

Characteristics of a project

The following characteristics define a project:

  • Time limitation
  • Uniqueness
  • Defined goal
  • Client

Internal and external projects

A project can be commissioned by internal or external clients. These projects are usually then handled by teams. These typically consist of employees from various specialist areas and a team leader.

To keep track of many projects (also known as multi-project management), a software tool for project management is advisable.

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Frequently asked questions

Which characteristics define a project?
A project is time-limited and unique, pursues a defined goal and is commissioned by a client. These four characteristics set it apart from ongoing routine tasks.
What distinguishes internal from external projects?
Internal projects are commissioned by your own organisation, external ones by an outside client. Both are usually handled by a team drawn from various specialist areas under the lead of a team leader.
Which software helps to steer many projects?
To keep the overview across many parallel projects, a software tool is advisable. Project management from projectfacts bundles time, resources and goals in one place.