There are two types of work performed by organizations: operations and projects. An operation is a series of tasks that are routine, repetitive, and ongoing throughout the life of the organization. Operations are typically necessary to sustain the business. Examples of operations are accounts receivable, employee performance reviews, and shipping and receiving. Employee performance reviews might take place every six months, for example, and although the names and circumstances of employees and supervisors might change, the process of preparing and conducting employee reviews is always the same. In addition, it's expected that there will continue to be employee reviews throughout the life of the organization.
On the other hand, projects are not routine or ongoing. That is, projects are unique and temporary and are often implemented to fulfill a strategic goal of the organization. A project is a series of tasks that will culminate in the creation or completion of some new initiative, product, c or activity by a specific end date. Some project examples include an office move, a new product p launch, the construction of a building, and a political campaign. It is never the same project
® twice—for example, this year's product launch is different from last year's product launch.
10 There's a specific end date in mind for the launch, after which the project will be considered complete. After the project is complete, a new and unique product will be on the market.
Projects come in all sizes. One project might consist of 100 tasks; another, 10,000. One project might be implemented by a single resource; another by 500. One project might take two months to complete; another might take 10 years. There can be projects within projects, linked together with a master project consolidating them all. These subprojects, however, are all unique and temporary, and all have a specific outcome and end date.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.