Understanding Project Profiles Definition by Activity

A project profile consists of the activities that are required to complete a project. For example, the project profile for building a bicycle might include activities such as purchasing parts, assembling frames, building brake assemblies, and painting the assembled bicycle. These activities define the project profile.

Each activity can have numerous cost drivers. A cost driver is a measure of demand on activities or resources that influences costs or revenue. An example of a cost driver is the number of purchase order lines required to purchase the materials needed to complete an activity.