Project

prə.ˈǰekt / Project

Definition

A project is a short-term endeavor with specific objectives, defined as an output, outcome, or benefit.

It differs from business-as-usual activities. Unlike a routine operation, it consists of a set of tasks created to accomplish a goal.

A project has a set budget and timeframe. It needs a team of individuals to collaborate within the given schedule and spend within the budget. Once it achieves the objectives based on its accepted standards, it's considered a success.

For example, a project is a sponsored post campaign on Facebook that intends to generate awareness in a month, with a $500 budget. It can be considered a success once it hits the target number of reach within the budget and timeframe.

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