1. Specific Objectives: The three generic objectives of a project are
- Time-determined by the schedule of activities
- Cost-determined by the budget
- Quality-determined by the specification of customers
Projects should meet the requirements/specifications of the stakeholders. Stakeholders include:-beneficiaries, financiers, implementers, victims of the project. (For example Titanium in Kwale- if mining activities has to displace some people)
2. Limited Life Span i.e. it is temporal
3. Single Entity i.e. it is a stand-alone. It comes up to specific product.
4. Relies on Teamwork: Implemented by teams
5. Follows a Specific Life Cycle
6. Unique i.e. no two projects are the same. Even when undertaking a similar project, the achieve project provides a template.
7. Keep Changing i.e. projects keep changing depending on circumstances. Thus they must be adaptable.
8. Projects Are Made To Order: Unlike operations where one produces and then look 4 customers.
9. Have High Level of Risk and Uncertainty
