Project Development and Operations

DEVELOPING A PROGRESSIVE LIFE

Project definition Specific temporary activity that produces observable and measurable results under certain preset requirements It is about doing something right as opposed to just doing (laboring in vain)

Characteristics It Has a purpose. It should address a problem or need analyzed before it is started. Has unique results It is time bound (it is important to note that a logical project has a certain lifecycle. It has a start and end date)

Requirements A project requires significant time of planning A clear outline of objectives in order to be sure of the expected outputs, outcomes and benefits

Project development It involves Scoping the requirements Looking at outputs, outcomes and benefits Working out a time/ cost estimate

Output, outcome and benefit Output : any of the product s specialized product Outcome : result of the change derived from using the project s outputs Benefits :measurable improvement resulting from an outcome, that is perceived as an advantage

Project effectiveness Effectiveness of a project is measured by evaluating Product quality Timeliness Cost efficiency

Operational/ Routine work Permanent initiatives (fruits from projects), that produce repetitive results with resources assigned to do the same set of tasks and produce a standard profitable output They are necessary to maintain and sustain the system Operations are permanent in nature and their only constraint is to make profit

Smart work Smart work is basically achieving your goals while saving both time and energy. Smart work and hard work go hand in hand and cannot be substituted with one another. So do your hard work smartly and watch your dreams come true. It means hard work in the right direction

Hard Work vs. Smart WORK

Hard Work Smart Work More input more output. Less input more output. More physical efforts, less brain usage More brain usage, less physical efforts. Utilizing all the available sources to complete the work in a specified time. Utilizing few sources to complete the work in less time. Hard work means just working for some thing without knowing the technique involved in it. In Smart work, a simple logic which can solve all the problems In hard work the person only think about the completion of given work it doesn't mean how much time it takes. But in Smart work, one finds easiest as well as most convenient way to complete a work as early as possible. One who doesn't have more knowledge about his task does hard work. Can be done only with complete knowledge about the task. Doing things without using brain and takes long time and more physical stress to complete the things. Doing the things by using brain in a short span of time with less effort.

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