Value Management

What is a project? It is often stated that value management can only be applied to projects therefore knowledge of what constitutes a project is fundamentally important. A construction project is an example of one of the larger (financially and physically) projects which an organisation or a person will undertake. This discussion addresses the following questions:

1. What is the definition of a project? 2. Is the guy in Pizza Hut making pizzas engaged in projects? 3. What about the guy restoring a classic car? 4. Or finally the guy emptying parking meters of money?

Do you agree that value management can only be applied once we have defined a project?
What is the difference between strategy, programmes and projects?
Note: This as threads discussions.

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