Question

In: Operations Management

2. Give several examples of projects found in our society (or from your experience).

2. Give several examples of projects found in our society (or from your experience).

Solutions

Expert Solution

Project- Project is an incredible open door for associations and people to accomplish their business and non-business targets all the more productively through actualizing change. Project assist us with rolling out wanted improvements in a sorted out way and with decreased likelihood of disappointment. Project vary from different sorts of work for example process, task, strategy. In the interim, in the broadest sense a venture is characterized as a particular, limited action that creates a noticeable and quantifiable outcome under certain preset necessities.

Characterstics of projects-

1- Not permanent- The project is not permanent it only there for certain period of time and after completion of the mission the project gets terminate.

2- Start for certain reason- Every project is start for certain reason such as providing products, services to their customers.

3- Dynamic eloboration- During the project various changes can be make to improve the upcoming part of the project.

The examples for projects are-

1- Developing new product and service- The project is started by coca cola company to launch their product in the market and target the audience.

2- Construction related work- The project is started by builder to make shopping complex and after completion of the work or shopping complex the project gets terminates.

3- Designing new car- The project is started to design new car to launch in the market and when the car got design the project got end or project got terminated.

4- Launching new business process- The company decided to launch its new business process so after the launch project gets terminated. This shows that project is not a permanent task it gets terminated after completion of the given task.


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