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=== Project management === {{main|Project management}} In project management, a project consists of a temporary endeavor undertaken to create a unique [[Product (business)|product]], [[Service (economics)|service]] or result.{{sfn|Project Management Institute|2021}}{{rp|loc=Section 1.2}} Another definition is a [[management]] environment that is created for the purpose of delivering one or more [[Product (business)|business product]]s according to a specified [[business case]].<ref>R. Max Wideman (2004), ''A Management Framework: For Project, Program and Portfolio Integration.'' p. 30</ref> Projects can also be seen as temporary organizations.<ref>[[Rodney Turner|Turner, J. Rodney]], and Ralf Müller. "On the nature of the project as a temporary organization." ''International journal of project management'' 21.1 (2003): 1-8.</ref> Project [[goal|objectives]] define target status at the end of the project, reaching of which is considered necessary for the achievement of planned benefits. They can be formulated as [[SMART criteria]]:{{sfn|Project Management Institute|2021}}{{rp|loc=Section 2.7.1.2}}<ref name="PMH">Carr, David, [http://www.pmhut.com/make-sure-your-project-goals-are-smart Make Sure Your Project Goals are SMART], PM Hut. Accessed 18. Oct 2009.</ref> Projects are often guided by a [[steering group]]. * Specific * Measurable (or at least evaluable) achievement * Achievable (recently Agreed to or Acceptable are used{{by whom|date=February 2017}} regularly as well) * Realistic (given the current state of organizational resources) * Time terminated (bounded) The evaluation (measurement) occurs at the project closure. However, a continuous guard on the project progress should be kept by monitoring and evaluating.
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