The Project X in the movie was based on a real story to some extent. While the movie added a lot of fictional elements for entertainment purposes, such as the over - the - top parties and some of the extreme characters, the core idea of the project, like a group of kids trying to pull off something big and unexpected, was drawn from real - life happenings.
Yes. In the movie industry, there could be a movie named 'Project X' which is based on a real story. Maybe it's about a real - life scientific experiment or a historical event that was given the code name 'Project X' for the purpose of the movie plot.
Yes. The movie 'Project X' was loosely based on real - life high - school parties that often get out of hand. It took those real experiences of wild parties and amplified them for the sake of entertainment in the movie.