This depends on the project and what has to be done on it… one of my projects I have been working on for 2 years now and it is nearing the end. Other projects might take maybe 6-9 months while others might take many years.. there is always more that could be done so sometimes it is hard to decide when to finish up with a project. That is at least what I find in my area of work!
Projects have an starting date and a finishing date. Most of them are 2 years projects, but there are also shorter projects and longer ones. Once I worked in a 6 years project. It really depends on what are you researching on.
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