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BSBPMG522 Undertake Project Work

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  • Course Code: BSBPMG522
  • University: George Brown College
  • Country: Canada

Question:

What is a project?

A project is usually defined as a set of distinct processes and tasks and runs for a set period of time, and delivers academic, business or technical objectives. According to the Project Management Institute, “a project is a temporary endeavour undertaken to create a unique product, service, or result” Therefore, a key feature of projects, as opposed to operations, is that they have distinct beginnings and ends.

Why do businesses conduct projects?  Some of the reasons include:

  • Market demand for a quality product or service (New product Research and Development)
  • Technological advances (Use latest software or systems)
  • Solving a business need (Office reallocation or seasons big recruitment)
  • Request from a customer (Reduce processing time)
  • Ensure new laws and regulations can be complied with (Update or revise organizational policies and procedures)
  • Response to competition (New promotional campaign)
 
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