1. You are in a meeting with your vice president. Someone keeps referring to an upcoming critical company effort as a project, a program, and as an operation. Your VP turns to you and asks you if there are differences between the three and, if so, what are they? Explain the differences to the group, emphasizing why there is a difference between projects and programs and/or operations. In doing this, define a project. What are four characteristics that help differentiate projects from other functions carried out in the daily operations of the organization? 2.Review the project management framework in table 3-1 of the PMBOK in chapter 1. There An upcoming critical company effort are several knowledge areas associated with planning. Take 3 of these knowledge areas and explain the benefits of planning activities under the planning process group and how they can contribute to project success?
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Difference Between Projects, Programs and Routine Operations
Projects, programs and routine operations are essential components of a business, an organization or a company. In many occasions, many people use these terms interchangeably, but in real sense these terms are different(Kerzner, 2013). A project is described as temporary short-term or long-term undertaking aimed at improving or creating unique brand, product or service. The temporary nature of the project determines the definite start and the closing of the undertaking. On the other hand, a program is defined as conglomeration of related projects running concurrently in a coordinated manner with the key objective of obtaining benefits and control which could have been challenging to manage them separately as individuals. As oppose to project which operates within its defined scope, a program can include elements that are outside the scope(Meredith & Mantel Jr, 2011). This means that the program will always have projects but a project can or cannot be part of the program. Routine operations are defined as organizational function performing
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