noun

• (usually in the plural, US) An urban, low-income housing building.
  "Projects like Pruitt-Igoe were considered irreparably dangerous and demolished."
• (dated) An idle scheme; an impracticable design.
  "a man given to projects"
• (US, sports) A raw recruit who the team hopes will improve greatly with coaching; a long shot, diamond in the rough.
  "Sakho was seen as no-frills, whereas Maiga was a project who could develop into the next big thing."
• (obsolete) A projectile.

verb

• (intransitive) To extend beyond a surface.
• (transitive) To cast (an image or shadow) upon a surface; to throw or cast forward; to shoot forth.
  "Before his feet her selfe she did proiect"
• (transitive) To extend (a protrusion or appendage) outward.
• (transitive) To make plans for; to forecast.
  "The CEO is projecting the completion of the acquisition by April 2007."