The work we do can be classified into two categories, projects and operations.
- Projects deliver unique products or services as outputs
- Projects are temporary in nature. At the end of the project the team is dispersed.
- Projects are progressively elaborated. When we start a project we have very less information about the project. As the project progresses we gain more insights about the project. The following points explains this;
- Every project starts as an idea
- During pre-initiation phase of the project, this idea gets elaborated into a high level scope document
- During planning this high level scope gets elaborated further into detailed scope
- During detailed planning and execution of the project we gain more insights about the project
- Projects are constrained by the limited resources of time, cost and scope.
- Projects are managed by project managers.
- Projects are considered as successful when they;
- Are completed on time
- Completed within budget
- Met the business case of the project which was forecasted before the start of the project
- Operations are ongoing in nature
- Operations deliver standard outputs
- Operations are also constrained by the limited resources of time, cost and scope
- Operations are managed by operations Managers / Functional managers
Designing a new car is a project where as manufacturing a particular model of a car shift after shift is operations.
- Manufacturing a car – Is it a project or Operation?
- What are the key differences between projects and operations?
- What are the similarities between projects and operations?