... too long.

if you read

http://www.sharepointreviews.com/sharepoint-articles/104-sharepoint-workflows/480-how-long-is-a-sharepoint-project.html

i would say, too long. because i really do not have any statement of goal and expected improvements in the mentioned list.

last statement is at least strange:

If you add up the weeks in brackets you will see that it comes to 26 weeks which is six months. This is purely an estimate and project length really depends on the workload of the Project Team as well as the amount of data involved.

if only those two constrains are responsible for project length is do not expect any measurable outcome beside "making IT people and consultants happy"....

thats also a good example for "IT centric projects likely to fail"