The Project Definition:
A temporary endeavor was undertaken to create a unique product or service.
A series of activities designed to achieve a specific outcome within a set budget and timescale.
Project Management Definition:
The application of knowledge, skills tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project.
The application of knowledge, skills tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project.
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Risk Definitions:
Risk – an uncertain event or condition that, if it occurs, has a positive or negative effect on a project objective
A risk has a cause and, if it occurs, an effect. – PMBOK (Project Management Body of Knowledge)
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