What is a “Project”

Is Temporary

Definite Start

1

Is Temporary

Definite End

Has a Specific Objective2

3 Has a “Customer” and Stakeholders

3 StakeholdersInternal Stakeholders

Employees

Manager

Owners

External Stakeholders

Suppliers

Society

Government

Creditors

Customers

ANYONE with an Interest in the Project

Has Constraints

Time Cost

Scope

4

Has Constraints

Time Cost

Scope

4

Has metrics for Success5

0 Week 1 Week 2 Week 3 Week 4 Week 5 Week 6$0.00

$1,250.00

$2,500.00

$3,750.00

$5,000.00 PV AC EV

SV= -$507CV= -$933

$3000

SPI = 0.80

$2574 $2,067

CPI = 0.69

BAC (Project Total PV) = $4,134

0.69

5

6