A project is a unique, transient endeavor, undertaken to achieve planned objectives, which could be defined in terms of outputs, outcomes or benefits. A project is usually deemed to be a success if it achieves the objectives according to their acceptance criteria, within an agreed timescale and budget. Time, cost and quality are the building blocks of every project.
Projects are separate from business-as-usual activities and occur when the university wants to deliver a solution to set requirements within an agreed budget and time frame. Projects require a team of people to come together temporarily to focus on specific project objectives.