A project is a finite endeavor (having specific start and completion dates) undertaken to create a unique product or service which brings about beneficial change or added value. This finite characteristic of projects stands in contrast to processes, or operations, which are permanent or semi-permanent functional work to repetitively produce the same product or service (Dinsmore, eta al, 2005). It is also defined as, a sequence of unique, complex and connected activities having one goal or purpose and that must be completed by a specific time within budget and according to specification (Ucdavis, 2013). It is perhaps pertinent to point out here that myriads of definitions have been espoused on the subject and that this paper is not intended for a review of these varying concepts. However, every project has, within the definitional context, certain commonalities in character. Every project has a scope, budget and schedule. Moreover, project activities are time bound constrained by need for quality and performance. Other characteristics of a project include uniqueness in terms of its products and service.