Assume that you are the owner of a house construction company. Your company has just received a contract to build 100 identical houses. Your company has never built this type of house before. Which of the following would be true? Question 1 options

1. Only the first house would be considered to be a 'project'; after that, the remaining 99 houses would be part of the company's regular operations.

2. All 100 houses would be considered to be their own separate 'projects'.

3. None of the houses would be considered to be a 'project', because building houses is part of the company's normal operations

4. All 100 houses would be considered to be the 'project', and only when all 100 houses have been built would the project then be considered to be complete.