PMstudy - Leading Project Management Prep Company

PMstudy is a Project Management Institute (PMI)® Registered Education Provider (R.E.P.). Our  Project Management Professional (PMP)® and Certified Associate in Project Management (CAPM)® courses are based on A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) 5th Edition.

Definition - Project :

A project can be defined as a temporary endeavor undertaken to create a unique product or service***.

Projects are different from other ongoing operations in an organization, because unlike operations, projects have a definite beginning and an end - they have a limited duration.

Projects are critical to the realization of performing organization's business strategy because projects are a means by which the strategy of the company is implemented.

Projects also involve one or more elements that have not been done in the past, and are therefore unique. A product or service may be unique even if the category to which it belongs is large. For example, although several residential complexes have been built in the past, creation of a new house will be a project because each facility can have elements such as a unique - location, customized or adapted design, regionally available resources, and/or discrete owners.

*** As defined by PMI®


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