What exactly is a project, and how is a project different from ongoing operations?
In Lesson 2 of our Project Management course, we explore one of the most fundamental concepts you need to understand for both real-world project management and the PMP® Exam.
In this lesson, you will learn:
• The key characteristics of a project
• Why projects are temporary
• Why “temporary” does not mean short-term
• When and why a project may end
• The difference between project duration and the life of its results
• Why every project has a unique context
• How projects create value beyond deliverables
• The relationship between deliverables, outcomes, benefits, and value
• The difference between projects and ongoing operations
• How projects and operations interact
• How these concepts may appear in PMP® scenario-based questions
A key concept to remember:
A project is temporary, but the deliverables, outcomes, benefits, and value it creates may continue long after the project itself has ended.
You will also learn an important distinction for the PMP Exam:
Projects create or enable change.
Operations sustain ongoing business activities.
At the end of the lesson, we apply these concepts to a PMP-style scenario involving the implementation and ongoing operation of an automated customer support system.
This lesson is part of the complete Project Management & PMP Exam Preparation course.
Next Lesson: What Is Project Management?
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