Characteristics of projects that make them different from operations include each of the following except:
A)are unique undertakings
B)have a high degree of certainty with respect to costs and completion times
C)may compete and conflict with other business activities
D)involve a high risk of delay and failure,but has high profit potential or benefit

Question

Quizplus · Accepted Answer

Projects and operations differ in various aspects, including their objectives, duration, resources, and management approach. Projects are temporary, one-of-a-kind endeavors that aim to create a unique product, service, or result. They often involve high levels of complexity, uncertainty, and risk, both in terms of technical and organizational aspects. Projects may also require collaboration among different stakeholders, teams, and departments within and outside the organization. However, unlike operations, projects have a low degree of certainty concerning costs, schedules, and outcomes. Therefore, option B, which suggests that projects have a high degree of certainty with respect to costs and completion times, is incorrect in the context of project management.

Characteristics of Projects That Make Them Different from Operations Include