Project management conventionally covers the organized completion of specific and concrete goals that serve a function or several functions. It can be business-related such as the construction of a manufacturing plant or non business-related such as a goat-dispersal project to provide sustainable food sources for a poor and starving community.
For simplicity, project management can be defined as a management action for a concrete goal done for the first time by or for a project owner. A project can be executed by the project owner himself or herself or contracted to a company doing business in a knowledge area requiring special skills.
On the other hand, operations management will be defined as a series of management actions that are done many times in the pursuit of an overall goal. This goal will usually be for profit. Moreover, since the activities are done repeatedly, the operations owner continuously builds expertise in such activities.
Business Project Management
As an introductory concept, business project management will be defined as management actions done for the first time during the course of running a business. Meanwhile, business operations management will be management actions done several times to ensure profits for a business.
Note that business project management goals will not always be about making a profit. Goals can be troubleshooting an oil spill; experimenting and building expertise in a new field or technology where initial losses are likely; or providing service to a community such as revitalizing a polluted river or building a cancer research facility as part of a business owner's corporate social responsibility.
Business Project Management Mode
For a better understanding of the concept, critically analyze the following business actions done for the first time. Some of these projects will be made by the business owner himself or herself, contracted to a specialist consulting team or projects company, or even by a new team formed by the business owner recruiting and hiring members who have prior experience in the specialized activity.
SOURCE:http://business-project-management.suite101.com/article.cfm/introduction-to-business-project-management
For simplicity, project management can be defined as a management action for a concrete goal done for the first time by or for a project owner. A project can be executed by the project owner himself or herself or contracted to a company doing business in a knowledge area requiring special skills.
On the other hand, operations management will be defined as a series of management actions that are done many times in the pursuit of an overall goal. This goal will usually be for profit. Moreover, since the activities are done repeatedly, the operations owner continuously builds expertise in such activities.
Business Project Management
As an introductory concept, business project management will be defined as management actions done for the first time during the course of running a business. Meanwhile, business operations management will be management actions done several times to ensure profits for a business.
Note that business project management goals will not always be about making a profit. Goals can be troubleshooting an oil spill; experimenting and building expertise in a new field or technology where initial losses are likely; or providing service to a community such as revitalizing a polluted river or building a cancer research facility as part of a business owner's corporate social responsibility.
Business Project Management Mode
For a better understanding of the concept, critically analyze the following business actions done for the first time. Some of these projects will be made by the business owner himself or herself, contracted to a specialist consulting team or projects company, or even by a new team formed by the business owner recruiting and hiring members who have prior experience in the specialized activity.
SOURCE:http://business-project-management.suite101.com/article.cfm/introduction-to-business-project-management
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