Project :
A project can be defined as a combination of inter – related activities that must be executed in an order before the entire task can be completed within (i) a specified time (ii) at a specified cost and (iii) meeting the performance standards.
Examples of a project are :
(i)Â Â Â Â Â Introduction of a new product in the market.
(ii)Â Â Â Â Construction of a new bridge over a river or construction of a multi-storied building.
52 Comments