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Dr Zain Yusufzai What is a Project Chapter # 4 (page )

Definition Project: A project is a sequence of unique, complex


and connected activities having one goal or purpose and that
must be completed by a specific time, within budget and
according to the specification.

Analysis of Definition:
 Sequence of Activities
 Unique Activities
 Complex Activities
 Connected Activities
 One Goal
 Specified Time
 Within Budget
 According to Specification

Programme:
A programme is a collection of projects. The project must be
completed in a specified order for the programme to be
considered completed. Programme comprise multiple projects,
they are larger in scope than a single project.

Project Parameter:
Five constraints operate on every project:
1. Scope (Boundaries of the project)
2. Quality (Product Quality and Process Quality)
3. Cost (Dollar cost of doing a project)
4. Time (Time frame or deadline date within which the project
must be completed)
5. Resources (Assets such as people, equipment, physical
facilities, or inventory that have limited availabilities can be
scheduled, or can be leased from an outside organization)
Set of five parameters form a system that must remain in
balance for the project to be in balance.

Effective Project Management 1


Dr Zain Yusufzai What is a Project Chapter # 4 (page )

Scope Triangle: Time, Cost, and Resource Availability:

Time Cost

Scope
and
Quality

Resource Availability
Types of Creep

Scope Creep: Any change in the project that was not in the
original plan.

Hope Creep: The result of the project team members getting


behind schedule but reporting that he or she is on schedule and
hoping to get back on schedule at the next report date.

Effort Creep: Effort creep is the result of the team members


working but not making progress proportionate to work
expended. Always 95% achievement

Feature Creep: Results when the team members arbitrarily adds


feature and functions to the deliverable that they think that the
customer would want to have.

Project Classifications:
Classification is based on following characteristics:
 Risk
 Business Value
 Length
 Complexity
 Cost

Types of Project:
 Type A Projects
 Type B Projects

Effective Project Management 2


Dr Zain Yusufzai What is a Project Chapter # 4 (page )

 Type C Projects
 Type D Project

Effective Project Management 3

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