redesign vs project

redesign is not a noun while project is a noun.

Word	Noun	Adjective	Verb	Adverb
redesign	No	No	Yes	No
project	Yes	No	Yes	No

As verbs, project is a hypernym of redesign; that is, project is a word with a broader meaning than redesign:

Other hypernyms of redesign include contrive, design, plan.

redesign (noun)	project (noun)
	any piece of work that is undertaken or attempted
	a planned undertaking

redesign (verb)	project (verb)
design anew, make a new design for	present for consideration, examination, criticism, etc.
	regard as objective
	communicate vividly
	throw, send, or cast forward
	transfer (ideas or principles) from one domain into another
	imagine; conceive of; see in one's mind
	make or work out a plan for; devise
	put or send forth
	draw a projection of
	cause to be heard
	project on a screen
	extend out or project in space