SCMI - Project Management
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Project Definition
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A project is defined by three elements: Objectives. Scope. Overall strategy. Objectives. Most projects can be defined by the relative importance of three objectives. These are cost – keeping the overall project to its original budget, time – finishing the project by the scheduled finish time, and quality – ensuring that the project outcome is as was originally specified. Clearly specifying the objectives is an important but time consuming act. Scope. The project scope defines it work content and outcomes. Just as important, it should define what is not included in the project. Scope “creep” is one of the key reasons projects fail to meet their objectives. Strategy. The project strategy describes the general way in which the project is going to meet its objectives, including significant project milestones and governance issues such as stage gates.