What is a Project? It is often stated that Value Management can only be applied to projects, therefore, knowledge of what constitute a project is fundamentally important. A construction project is an example of one the larger(financially and physically) projects which an organisation or person will undertake. This discussion addresses the following questions:
1. What is the definition of a project?
2. Is the guy in Pizza Hut making pizzas engaged in projects?
3. What about the guy restoring a classic car?
4. Or finally the guy emptying parking meters of money?
Do you agree that Value Management can only be applied once we have defined a project?
What is the difference between strategy, programmes and projects?