A project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or service. a. True b. False

Question

Business

Amorcita

11 November, 13:31

A project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or service. a. True b. False

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Answers (2)

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Matthias Schmidt · Answer 1

a. True

Explanation:

In addition to the definition above, most project goals and plans usually are more specific in the early stage of work even until it is completed.

Kamora Reynolds · Answer 2

TRUE

Explanation:

It is a true assertion that a project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or service.

There are 3 things that define a project - Scope, Cost and Time.

Scope: Every project has an aim to achieve and involves the achievement of specific goals, deliverables, features and functions.

Cost: The project must have a specified budget which represents the cost to achieve the goal (s) of the project

Time: Every project must be delivered within a specified time.

Therefore the definition offered above is an appropriate definition of a project