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==Formal definition in the project-management realm== A project consists of a concrete and organized effort motivated by a perceived opportunity when facing a problem, a need, a desire or a source of discomfort (e.g., lack of proper ventilation in a building). It seeks the realization of a unique and innovative [[deliverable]], such as a [[Product (business)|product]], a [[Service (economics)|service]], a process, or in some cases, a scientific research. Each project has a beginning and an end,{{sfn|Mesley|2016}}{{rp|53}}{{sfn|Project Management Institute|2021}}{{rp|loc=Section 1.2}} and as such is considered{{by whom|date=June 2019}} a closed dynamic system.{{citation needed|date=June 2019}} It is developed along the 4 Ps of project management: Plan, Processes, People, and Power (e.g. line of authority).{{citation needed|date=June 2019}} It is bound by the triple constraints that are calendar, costs and norms of quality,{{sfn|Mesley|2016}}{{rp|53}} each of which can be determined and measured objectively along the project lifecycle.{{citation needed|date=June 2019}} Some projects produce some level of formal documentation, the deliverable(s), and some impacts, which can be positive and/or negative.{{sfn|Mesley|2016}}{{rp|52}}
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