Nature of project and types

Question

Accepted Answer

Projects can be categorized based on their nature and type.

Projects can be classified as construction, software development, event planning, marketing, research, etc.
Projects can also be categorized based on their type such as internal, external, government, non-profit, etc.
The nature and type of project determine the project management approach and methodology to be used.
For example, a construction project would require a different approach than a software development project.
Similarly, an internal project would have different requirements than a government project.