Business Operations Vs Project Management

While you are running maintenance of your shop you have undertaken a project that has a specific beginning and a specific end but when you are back to normal you run continuous operations of purchasing and selling goods in the shop.

Business operations vs project management. Business operations on the other hand are ongoing activities that produce long term repetitive outputs such as manufacturing products or supplying services. Project management project manager has accountability and authority stakeholders the business operations projects can have a flat hierarchy career paths for team members is not clear pm sets the priorities. Re engineering business processes developing or changing product and services and.

Operations management is responsible for overseeing directing and controlling business operations. They might put their knowledge of logistics to use as shift supervisors or workflow analysts. They share some characteristics and some differences as well.

Project managers work to plan and maintain the momentum of a company s newest endeavor including the creation of a new product or even launching a space station. A project is a temporary undertaking with a fixed start and end date to innovate a new outcome whereas an operation is outside the scope of a project according to the pmbok guide fixed and focused on efficiency. Therefore an operations manager s role is ongoing whereas a project manager s role in regards to a specific project is temporary in nature.

One more difference that is self evident between project management and operation management is that operations have permanence while projects are rather temporary in nature. Operations managers are concerned. Projects require project management whereas operations requires business process management or operations management.

Difficult to estimate time and budget. Operations management and project management are easily confused terms. When it comes to business development one of the biggest challenges professionals face is finding time to do it all.

To be honest i ve been spending the last 6 months working on a project that has been so demanding i ve found little time to do anything else let alone get. However projects and operations do meet at various points during the life cycle of a product or service. Operations management graduates are more likely to find jobs in companies that utilize shipping and manufacturing.