n IMFO : Official Journal of the Institute of Municipal Finance Officers - Project management : can it be of use to financial officers?




Extracted from text ... IMFO ? Fall 2006 IMFO ? Fall 2006 3939 By: Alan Townsend ACMA ACIS What is a project? The Project Management Institute provides the following definition: "It is a temporary endeavour undertaken to create a unique product or service." This definition has evolved over the years. Work is either operations or projects and in local government we understand this perfectly, although our work is usually referred to as operating and capital. The two areas may overlap but the main elements of a project are: ? a project has a definite beginning and a definite end. ? projects are worked on ..


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