Project: It is a temporary activity that takes place to generate
a unique product, a service or a result.
This activity has a definite beginning and end.
Examples are :
creating a new product
Designing the services
Resources used are :
Customers are one of the primary Stakeholders in the project.
Often, depending on the Scope of the project, a product or service
oriented towards the customer will be developed.
During the project life cycle there will be a research as well as a testing phase, in which certain criteria.
scope : The process of identifying and documenting specific project goals.
schedule :The listing of activities, deliverables, and milestones within a project.
Cost : The amount that is incurred during the project.
Phases of project life cycle
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