What are some common types of projects?

There are three broad categories of projects to consider: Strategic Projects, Operational Projects, and Compliance Projects (Figure 1-1).

  • Strategic Projects involve creating something new and innovative. A new product, a new service, a new retail location, a new branch or division, or even a new factory might be a strategic project, because it will allow an organization to gain strategic advantage over its competitors.
  • Operational Projects improve current operations. These projects may not produce radical improvements, but they will reduce costs, get work done more efficiently, or produce a higher quality product.
  • Compliance Projects must be done in order to comply with an industry or governmental regulation or standard. Often there is no choice about whether to implement a project to meet a regulation, but there may be several project options to consider, any of which would result in meeting compliance requirements.
What are some common types of projects?
Figure 1‑1: Three broad categories of projects

Traditional Project Management

While project management can be traced back to the building of the Great Pyramids in Egypt, it was really in the post-WW2 industrial boom of the 1950s that project managers started to develop the tools and techniques used in modern project management. These tools were used to complete large industrial and military projects, where the scope of work (what we need to accomplish in a project) was well defined. For example, the scope of what we have to do can be planned out well when we are constructing an apartment building, making a nuclear submarine missile, or building an oil refinery.

These traditional techniques have been elaborated and standardized by organizations such as the Project Management Institute (PMI) in the US and The International Project Management Association (headquartered in Switzerland) and AXELOS (the organization behind the PRINCE2 certification used in Great Britain). These traditional techniques were also adapted to software development. Techniques such as waterfall (where phases are sequential) and function point analysis were advanced as effective ways to manage software development projects. However, as the world of software development changed—from large, time-consuming projects that were loaded on mainframe computers to fast-moving, fast changing, internet-based applications many programmers found waterfall and similar methods to be limiting. These techniques lacked flexibility and were inadequate to deal with a rapidly changing, competitive landscape. As a result, a “revolution” of sorts was mounted and out of that revolution came several so-called Agile project management methods.

Agile Project Management

Agile is broad term for project management techniques that are iterative in nature. Rather than trying to develop all aspects of a project or software application and then presenting that result to the customer after a long development cycle (6 to 24 months), Agile techniques use short development cycles in which features of high value are developed first and a working product/software can be reviewed and tested at the end of the cycle (20-40 days).

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What are some common types of projects?

1. Civil Engineering, Construction, Petrochemical, Mining, and Quarrying

Projects in this category are those which spring to mind most readily whenever industrial projects are mentioned. Once common feature is that the fulfilment phase must be conducted on a site that is exposed to the elements, and usually remote from the contractor's main office.

These projects incur special risks and problems of organisation. They often require massive capital investment, and they deserve (but do not always get) rigorous management of progress, finance, and quality.

For very large industrial projects the funding and resources needed are often too great for one contractor to risk or even find. The organisation and communications are therefore likely to be complicated by the participation of many different specialists and contractors, with the main players possibly acting together as a consortium or joint venture company.

2. Manufacturing Projects

Manufacturing projects aim to produce a piece of equipment or machinery, ship, aircraft, land vehicle or some other item of specially designed hardware. The finished product might be purpose-built for a single customer, or the project could be generated and funded from within a company for the design and development of a new product intended for subsequent manufacture and sale in quantity.

Manufacturing projects are usually conducted in a factory or other home-based environment, where the company should be able to exercise on-the-spot management and provide an optimum environment.

Of course, these ideal conditions do not always apply. Some manufacturing projects can involve work away from the home base, for example in installation, commissioning and start-up, initial customer training and subsequent service and maintenance. More difficult is the case of a complex product (such as an aircraft) that is developed and manufactured by a consortium of companies, very possibly overlapping international borders, with all the consequent problems of risk, contractual difficulties, communication, coordination, and control.

3. Management Projects

This class of projects proves the point that every company, whatever its size, can expect to need project management expertise at least once in its lifetime. These are the projects that arise when companies relocate their headquarters, develop and introduce a new computer system, launch a marketing campaign, prepare for a trade exhibition, produce feasibility or other study report, restructure the organisation, mount a stage show, or generally engage in any operation that involves the management and co-ordination of activities to produce an end result that is not identifiable principally as an item of hardware or construction.

Although management projects might not result in a visible, tangible creation, much often depends on their successful outcome. There are well-known cases, for instance, where failure to implement a new computer system correctly has caused serious operational breakdown and has exposed the managers responsible to public discredit. Effective project management is at least as important for these projects as it is for the largest construction or manufacturing project.

What are the four common types of projects?

Types of Projects:.
(1) Manufacturing Projects:.
(2) Construction Projects:.
(3) Management Projects:.
(4) Research Projects:.
A project usually has three objectives:.
(1) Function or Performance:.
(2) Containment of Expenditure within Budget:.
(3) Time Scale is the Third Factor:.

What are the 3 types of projects?

There are three broad categories of projects to consider: Strategic Projects, Operational Projects, and Compliance Projects (Figure 1-1).

What are the 5 classification of a project?

There are many ways to classify a project such as: By size (cost, duration, team, business value, number of departments affected, and so on) By type (new, maintenance, upgrade, strategic, tactical, operational) By application (software development, new product development, equipment installation, and so on)

Who described the 4 types of projects?

Obeng describes four types of projects: Walking in the fog. Making a movie..
Walking in the Fog. ... .
Making a Movie. ... .
Going On a Quest. ... .
Painting By Numbers..