Question
In: Operations Management
Describe the three basic project characteristics in terms of a project you have worked on.
Describe the three basic project characteristics in terms of a project you have worked on.
Solutions
Expert Solution
The main characteristics of a project are
1. Scope: A project must have proper description and goal to be achieved. It must give a detail of what can be achieved clealry and must not have any loop holes. If the project has no scope no matter how well we plan the project it goes waste as the project does not clearly tell us what needs to be done.
2. Time: The project must have a specific time before which it can be completed. If the project lacks time it will keep on going for years and all the effort, investment and planning will get wasted which is a great loss.
3. Resources: Having all the resources required for the project is very important for the project to get implemented or even planned. Without resources any plan , manpower, leader or investment is a waste . Hence resouces are very important for a project to get executed or planned. We plan a project and if we do not have resources available , we will have to search for alternatives .
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