Business projects are intended to achieve defined business objectives and are aligned with a company's business strategy. Business projects can be called many different names, such as internal projects, administrative projects, or functional projects.

A project is a set of tasks. In business planning speak that's just another way of saying it's a process or system. However, unlike most business systems one of its key characteristics is that it has a specific beginning and end. A project, on the other hand, is conceived as a temporary endeavor.