Project
A project must have the following characteristics:
- Temporary Endeavor
- Must produce a unique product, service, or result.
The temporary nature of project indicates a definite beginning and end. Often the term ‘temporary’ is related to the short duration. In Project Management, it does not mean short in duration. A project ends when its objective have been achieved or the project is terminated.
By definition, a Project is a temporary endeavor undertaken to create a unique, product, service, or result.
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You made some Good points there. I did a search on the topic and found most people will agree.