Projects are often implemented as a means of achieving an organization's strategic plan. Operations and projects differ primarily in that operation are ongoing and repetitive while projects are temporary and unique. A project can thus be defined in terms of its distinctive characteristics a project is a temporary endeavor undertaken to create a unique product or service. Temporary means that every project has a definite beginning and a definite end. Unique means that the product or services. For many organizations, projects are a means to respond to those requests that cannot be addressed within the organization's normal operational limits. Projects are undertaken at all levels of the organization. They may involve a single person or many thousands. Their duration ranges from a few weeks to more than five years. Projects may involve a single unit of one organization or may cross organizational boundaries, as in joint ventures and partnering. Projects are critical to the realization of the performing organization's business strategy because projects are a means by which strategy is implemented. Temporary means that every project has a definite beginning and a definite end. The end is reached when the project's objectives have been achieved, or when it becomes clear that the project objectives will not or cannot be met, or the need for the project no longer exists and the project is terminated. Temporary does not necessarily mean short in duration; many projects last for several years. In every case, however, the duration of a project is finite; projects are not ongoing efforts. In addition, Temporary does not generally apply to the product or service created by the project. Projects may often have intended and unintended social, economic, and environmental impacts that far outlast the projects themselves. Most project are undertaken to create a lasting result. For example, a project to erect a national monument will create a result expected to last centuries. A series of projects and/or complementary projects in parallel may be required to achieve a strategic objective.
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Projects are often implemented as a means of achieving an organization's strategic plan. Operations and projects differ primarily in that operation are ongoing and repetitive while projects are temporary and unique. A project can thus be defined in terms of its distinctive characteristics a project is a temporary endeavor undertaken to create a unique product or service. Temporary means that every project has a definite beginning and a definite end. Unique means that the product or services. For many organizations, projects are a means to respond to those requests that cannot be addressed within the organization's normal operational limits. Projects are undertaken at all levels of the organization. They may involve a single person or many thousands. Their duration ranges from a few weeks to more than five years. Projects may involve a single unit of one organization or may cross organizational boundaries, as in joint ventures and partnering. Projects are critical to the realization of the performing organization's business strategy because projects are a means by which strategy is implemented. Temporary means that every project has a definite beginning and a definite end. The end is reached when the project's objectives have been achieved, or when it becomes clear that the project objectives will not or cannot be met, or the need for the project no longer exists and the project is terminated. Temporary does not necessarily mean short in duration; many projects last for several years. In every case, however, the duration of a project is finite; projects are not ongoing efforts. In addition, Temporary does not generally apply to the product or service created by the project. Projects may often have intended and unintended social, economic, and environmental impacts that far outlast the projects themselves. Most project are undertaken to create a lasting result. For example, a project to erect a national monument will create a result expected to last centuries. A series of projects and/or complementary projects in parallel may be required to achieve a strategic objective.