What is a Project?

Today I want to summarize the PM e-learning content. I'll write down them all here. This is the first article of study material.

What is a Project? 
A project is a temporary endeavor undertaken to create a unique product or service.

Temporary – All projects must have a definite beginning and a definite end. Projects are not ongoing activities. They are time bounded. 
A common mistake made in many organizations is that projects are often started which attempt to apply project management techniques to work that is not time and resource bounded. This becomes problematic for reasons that will become clearer throughout this course. Many “projects” flounder because they are not really projects. If you are having difficulty specifying a starting point an