The Genesis Declaration states that the management of intangible projects is about managing the Talent, Attitudes ,Skills and Knowledge(TASK) of individuals and the interplay of their interactions along with the processes and tools that they use. It aims to define the intangible project requirements precisely, transforming it into a set of inter connected objects and processes, that decompose into tasks , specifications and events, delivered in stages along with comprehensive documentation. It works to bring about meaningful customer collaboration that ensures transparency of project progress, tackling change while following a plan ever mindful of the contractual obligations that govern the delivery of all projects.