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Definitions play an extremely crucial role in all areas of the project management field. Throughout a project's initiation and planning phases, new definitions will need to be created; however, in addition to some innovative concepts, project managers will be required to have a firm grasp over some basic definitions as well. A project can be defined as a group of sequentially placed activities carried out to produce deliverables that will ultimately lead to a final product or service. This may seem like a very vague description, and the truth is in many ways, the definition of a project is required to be just as vague. For one, projects can have a wide range of purposes, scopes, and ultimate deliverables.
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