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More specifically, what is a project? It's a temporary endeavor undertaken to create a unique product, service or result. A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources. And a project is unique in that it is not a routine operation, but a specific set of operations designed to accomplish a singular goal. Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Project management processesfall into five groups: 1. Initiating 2. Planning 3. Executing 4. Monitoring and Controlling 5. Closing


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