Classification Of Projects

The principles of project management can be applied to any type of project and to any industry. However, the relative degree of importance of these principles can vary from project to project and industry to industry. Table 1-4 shows a brief comparison of certain industries/projects.

For those industries that are project-driven, such as aerospace and large construction, the high dollar value of the projects mandates a much more rigorous project management approach. For non-project-driven industries, projects may be managed more informally than formally, especially if no immediate profit is involved.

TABLE 1-4. CLASSIFICATION OF PROJECTS/CHARACTERISTICS

Type of Project/Industry

In-house Small Large Aerospace/

R&D Construction Construction Defense MIS Engineering

In-house Small Large Aerospace/

R&D Construction Construction Defense MIS Engineering

Need for interpersonal skills

Low

Low

High

High

High

Low

Importance of organizational

Low

Low

Low

Low

High

Low

structure

Project Management Made Easy

Project Management Made Easy

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.

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