An idea • Driven by a need, • A desire for innovation and creativity • An addition to a school of thought or a body of knowledge Project’s Defined as
• A project is a temporary endeavor undertaken
to create a unique product, service or a result. Temporary • That every project has a definite beginning and a definite end. • The teams are temporary as well….. • It ends when objectives achieved/ they are no more achievable/ valid Can you think of an example………. Temporary
• Temporary does not apply to the
outcome………… • That’s why they have social, economic, and environmental impacts…….. Unique product, services or results • A product that is quantifiable/tangible……. For example
• A capability to perform a service……
For example
• A result like outcomes or documents……..
For example Uniqueness • An important characteristic of project deliverables…….. For example…
The presence of repetitive elements does not
change the fundamental uniqueness of the project work. Project vs Operational Work Organizations achieve their objectives either through projects or operations. They share the following • Performed by people • Constrained by limited resources • Planned, executed and controlled Project vs Operational Work • The primary difference is that, Operations (ongoing and repetitive) They are there to sustain the business and once the objectives are met, they adopt a new set of objectives and the work continues Whereas, Project vs Operational Work Projects (temporary and unique) They are concluded once the objectives are achieved. which of the following are projects • 1. Launch a new product. Project/Functional • 2. Manage a research unit. Project/Functional • 3. Conduct an appraisal. Project/Functional • 4. Raise £50,000 in sponsorship. Project/Functional • 5. Sell Company services. Project/Functional • 6. Review existing procedures. Project/Functional • 7. Administrate Theatre Company. Project/Functional • 8. Supervise the office Project/Functional • 9. Build a house. Project/Functional • 10. Write a book. Project/Functional Solution
• 1. Launch a new product. Project
• 2. Manage a research unit. Functional • 3. Conduct an appraisal. Functional • 4. Raise £50,000 in sponsorship. Project • 5. Sell Company services. Functional • 6. Review existing procedures. Project • 7. Administrate Theatre Company. Functional • 8. Supervise the office. Functional • 9. Build a house. Project • 10. Write a book. Project Projects Triple Constraints • Project Scope