Tuesday, 8 March 2016

Project Versus Operation

Work completed by a performing organization can be considered either operations or projects. As PMP exams test your practical knowledge of project management, the difference between projects and operations should be recognized.

Project Versus Operations


PROJECTS

PMI PMBOK Guide defines Project as "A temporary endeavor undertaken to create a unique product, service, or result"

Using that definition a project is 
  • A temporary endeavor undertaken to create a unique product, service or result  
  • Definite beginning and a definite end  
  • Does not mean short duration
  • Produce a product or artifact, quantifiable, an end item or a component item
  • A capability to perform a service, such as BPO
  • A result, may be a research results or documents 
  • An improvement in an existing product or service 

Operations
Operations are basically performing a routine execution of activities in organization primary business. 

Routine activities like issuing pay checks to employees at the end of the month, Follow up of payments from debtors, Maintenance of Hardware are example of operations

 There are similar characteristics between project and operations


  • Both are performed by individuals
  • Constrained by limited resources such as time, money, people and equipment
  • Both are planned, executed and controlled 
I hope with this article you have a clear understanding about project vs operations

You may also like :-
What is a Project ?
What is Progressive Elaboration ?
Project Life Cycle Versus Product Life Cycle
Enterprise Environmental Factors Versus Organizational Process Assets
Project Statement of Work Versus Business Case
Assumptions Versus Constraints
Corrective Actions Versus Preventive Actions Versus Defect Repair

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