What is a Project?
A Project is a set of objectives to be embarked upon. There are examples of projects which are Financial Project, Educational Project, etc.
A project is accomplished by performing a set of objectives. The construction of a house is a project. House construction consists of many activities such as;
- Digging of foundation pits.
- Construction of foundation
- Construction of walls
- Construction of roofs
- Fixing of doors and windows
- Wiring, etc
The World Bank defines a project as a set of interrelated expenditures, actions and policies designed to achieve a country’s specific objectives for economic and social development within a specific time period.
Little and Mirrless defines a project as any scheme or part of a scheme for investing resources which can be easily reasonably be analysed or evaluated as independent units.