A project has several key attributes that distinguish it from regular day-to-day work: it is temporary in nature with a defined start and end date, it is unique and aims to create a new product or service, and it focuses on achieving specific goals. In contrast, regular operations are ongoing and repetitive without a clear end. Projects require planning, organizing, and allocating dedicated resources to accomplish their goals by a set deadline, while ensuring quality and managing risks. They involve coordinating a team using a structured approach to balance time, resources, results, and customer satisfaction.