Attributes of a Project Flashcards
What is the attributes of a project?
Objective Independent Activities Resources Specific time frame or finite life span Unique or one-time endeavor Sponsor/customer Degree of uncertainty
Establishes what is to be accomplished. It is the tangible end product that the project team must produce and deliver. The project objective is usually defined in terms of end product or deliverable, schedule, and budget.
May also include a statement of the expected benefits or outcomes that will be achieved from implementing the project. It is why the project is being done.
Objective
Referred to as tasks. number of nonrepetitive activities that need to be accomplished in a certain sequence in order to achieve the project objective.
Independent Activities
Project utilizes various resources to carry out the activities. Such resources can include different people, organizations, equipment, materials, and facilities.
Resources
Has a start time and a date by which the objective must be accomplished.
Specific time frame or finite life span
Designing and building a space station, are unique because they have never been attempted before. Other projects, such as developing a new product, building a house, or planning a wedding, are unique because of the customization they require.
Unique or one-time endeavor
Entity that provides the funds necessary to accomplish the project. It can be a person, an organization, or a partnership of two or more people or organizations.
Sponsor/customer
Plan is prepared based on certain assumptions and estimates. influence the development of the project work scope, schedule, and budget.
Degree of uncertainty