Definition
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.