What is a Project and how it differs from routine work?
Project is a one time effort to meet an objective or produce an intended result with a specific start and finish time. A project has limitations of budget, resource and performance specifications.
Project Management Institute (PMI) defines a Project as:
“A project is a temporary endeavor undertaken to create a unique product, service or result”
Some real life examples of projects
- Construction of a house or building
- Developing a software
- Developing a new version of Apple iPhone
Main features of projects
Main features are:
- Has an objective
- Has a beginning and end time
- Participation of team members from different departments
- Usually doing something not done earlier; Sometimes it can be an upgrade of some existing thing
- Time, cost and performance are specified
Difference between Projects and Routine work
Developing iPhone X was a project whereas routine manufacture of iPhone X is a repetitive work.
- Is different from repetitive, daily, routine work
- Is done only once
- A new product or service is the outcome of a successful project
Repetitive or routine work involves doing similar work again and again.
Difference between Project and Program
A program is a group of related projects to achieve a goal.
For example, completing a single course in computer science is a project whereas completing all courses for a graduate degree in computer science is a program.
Also Read: Operations Management