project

What is Project? | Definition of Project with example – eQSystems

According to PRINCE2 definition a project is
“A temporary organization that is created for the purpose of delivering one or more business products according to an agreed upon Business Case”
According to PMP definition a project is
“It’s a temporary endeavor undertaken to create a unique product, service or result.”

For Example – James decided to own a house. He hired a construction company to realize his dream. The construction company has estimated the work with respect to time, cost, scope and quality based on James and his family requirements and confirmed a definitive start date and definitive end date for completing the house. It can’t happen indefinitely. The construction company engages skilled resources such as Architect, Structural Engineer, Mason, Plumber, Carpenter, Painter and Electrician with appropriate knowledge, tools and techniques to make James home complete and livable. It is a project

Happy home project

When the completed house is handed over to James and family, they start living in the house. James and family needs to maintain and support the house indefinitely. The house needs an ongoing maintenance such as cleaning, dusting and washing and support to repair any plumbing, electrical related issues that needs an expert fix. It is all business as usual also known as operations.

Project management

Project needs a unique and special skills that can be learnt from PRINCE2 or PMP training and Operations need unique and special skills that can be understood from ITIL Training.

For Better understanding watch the video given below

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