INTBUS 6 Lecture 11:
23 Oct 2020
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Document Summary
Lo15-1 explain the difference between projects and other more. A project is a one-time or infrequently occurring set of activities that creates outputs within pre-specified time and cost schedules. Project management is the combination of planning, directing, and controlling resources (people, equipment, information, material) in a project to meet technical objectives within budget and schedule constraints. Specific characteristics of projects that make them challenging to manage: most projects are multidisciplinary, involving many functional specialists who. Lo15-2 manage the social and technical factors that are critical. A successful project meets the following objectives: completed within budget, completed on time, deliverables meet the expectations of customers, project team members, and other stakeholders. In practice, there are many technological factors that make projects more or less successful. Technological factors: systems, equipment, and processes that define how project work is done. Sometimes operations managers tend to focus on these technical factors.
