Business As Usual - What is a Project?

In this video, director of Knowledge Train, Simon Buehring, answers the question, 'What is a Project?'
To help define a project, we will compare the characteristics of a project to those of the day-to-day work we might call 'Business As Usual' (BAU).
This question is important because business owners and project managers must quickly identify when a 'business as usual' task becomes a project. If we don't, there's a chance that time and resources might be wasted on a job that would have benefited from oversight and planning.
It's also important to identify when something isn't a project. Sometimes the best way of achieving a goal is to let staff 'get on with it' - without interference or micro-management from senior staff.
Some key features of a project are:
• Projects create a single product. BAU reproduces the same item. A project may introduce a new IT. BAU would be using the system after release.
• Projects are temporary. BAU continues indefinitely.
• Projects have bespoke plans created to meet the deliverables of the project. BAU follows general internal procedures that maintain the business.
• Projects are funded from the capital budget after the business case is accepted by stakeholders. BAU is funded from the operational budget.
• A project is fundamentally a change initiative, bring in something new that will benefit the organisation. BAU simply maintains the consistency of an organisation.
If you're interested in earning a recognized project management qualification, click the link below to see a selection of project management online courses:
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Take a moment to investigate this assortment of courses if project management training catches your eye:
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Take a step further in your understanding of PRINCE2 projects by clicking here for additional insights:
www.knowledgetrain.co.uk/proj...
www.knowledgetrain.co.uk/proj...
Knowledge Train helps organizations improve their capacity to manage projects through high-quality training solutions. We've helped tens of thousands of candidates learn to manage projects, programmes, portfolios, and change initiatives.
#businessasusual #bau #project #whatisaproject #projectdefinition #knowledgetrain

[@vijaykumar-yq7sf]

Thank you from the USA, & INDIA

[@sidcastilho1]

Very well explained. Thank you.

[@KnowledgeTrain]

Glad you liked it

[@abdusalammodhesh8965]

Thank you so much for your clarification

[@boneysebastian383]

Poliiii✋

[@medhatsabrytechstamina5426]

Interestingly enough, I've coined a term in my first book about leading software people that brings any software project as part of a changing and pressing world that I called "Business As Unusual". This became my slogan to drive forward software people and fight mediocrity in the software process. Thanks for the video. You can find a whole chapter on "Business As Unusual" concept on my website: www.techstamina.com

[@abomad.6961]

great

[@kathryncharltoncolbear-col465]

N8