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Project Management & Agile  Module 1 – Foundations: projects, approaches and frameworks

What a project is and what project leads do

How a project differs from operations, programmes and portfolios, who leads one in plan-driven and Scrum teams, and why its success means delivered value.

  • Beginner
  • 10 minutes
  • Examples run with Python 3.14.8
  • By MySmartCoPilot
Free lesson, Pro answers: 10 minutes
Free: the whole lesson. With a pass: the model answer to its interview question.

What you will learn

  • Distinguish a project, a programme, a portfolio decision and operations in real examples
  • Describe what a project manager, a Product Owner, a Scrum Master and the Developers are each accountable for
  • Evaluate a finished project's success by the value it delivered, not only by scope, time and cost
  • Work out what India's official project-monitoring figures say about the size of project work
What you’ll learn

What you will learn

  • Distinguish a project, a programme, a portfolio decision and operations in real examples
  • Describe what a project manager, a Product Owner, a Scrum Master and the Developers are each accountable for
  • Evaluate a finished project's success by the value it delivered, not only by scope, time and cost
  • Work out what India's official project-monitoring figures say about the size of project work
On this page

Paying the staff every month and running this year’s college tech fest both need people, money and a plan, yet only one of them is a project. The difference decides who leads the work, how it is funded and when it is finished, and it matters at scale: India’s central government alone monitors 1,981 ongoing infrastructure projects, each with its own budget, team and end.

Below you will sort twelve pieces of work into projects, operations, programmes and portfolio decisions with a program that shows its reasons, see who is accountable for what in a plan-driven team and in a Scrum team, and judge a finished project the way the profession now does: by the value it delivered, not only by its date and its bill.

A project has an end and a unique context; operations repeat

The tech fest starts when the organising committee forms and ends when the last stall is packed away. It has never happened in exactly this way before: this year’s theme, venue, sponsors and volunteers are its own. Payroll is the opposite. It runs every month in the same way, and the organisation would stop working if it ended.

PMI’s PMBOK Guide, as its PMP Examination Content Outline quotes it, defines a project: Temporary work in a unique context, undertaken to create value: it has a planned start and end and makes a result that has not been made in exactly this way before. as “a temporary initiative in a unique context undertaken to create value”. Temporary means the work has a beginning and an end; unique context means its own goals, conditions, approach and people. Work that repeats to keep the organisation running is operations: The work that repeats to keep an organisation running, such as payroll, support or backups. It has no planned end; finished projects usually hand their results over to it.: payroll, the helpdesk, the nightly backups.

The program below puts four questions to twelve invented pieces of work, in a fixed order, and the first yes decides. Read its rules in the first lines, then the reason it prints for each item:

Twelve pieces of work, sorted with a reason each Python · classify.py
"""Sorts twelve invented pieces of work into project, operations, programme or portfolio decision.

Each item answers four questions with yes or no, and the first rule that applies decides:
  1. Does it choose which work to fund, against the organisation's strategy?   -> portfolio decision
  2. Does it run several related projects together for a benefit none gives alone? -> programme
  3. Is it the same work, done again and again?                                  -> operations
  4. Does it have a planned end and a result that has not been made before?     -> project
"""

from collections import Counter

# (work, chooses what to fund, groups related projects, repeats, has an end and a new result)
ITEMS = [
    ("Run this year's college tech fest", False, False, False, True),
    ("Pay the staff every month", False, False, True, False),
    ("Add UPI AutoPay to a food app", False, False, False, True),
    ("Upgrade the hostel Wi-Fi", False, False, False, True),
    ("City metro plan: 3 lines and a depot", False, True, False, True),
    ("Yearly budget round for new work", True, False, True, False),
    ("Answer helpdesk tickets", False, False, True, False),
    ("Move a data centre to a new site", False, False, False, True),
    ("Bank's new app, branches and call centre", False, True, False, True),
    ("Stop two projects, start one", True, False, False, False),
    ("Back up the servers every night", False, False, True, False),
    ("Write the first run of a new course", False, False, False, True),
]


def classify(funds, groups, repeats, new_result):
    """Returns the kind of work and the rule that decided it."""
    if funds:
        return "portfolio decision", "chooses what to fund"
    if groups:
        return "programme", "related projects, one benefit"
    if repeats:
        return "operations", "the same work again"
    if new_result:
        return "project", "an end and a new result"
    return "unclear", "answer the questions again"


counts = Counter()
print(f"{'Work':<42} {'Kind':<19} Why")
for work, funds, groups, repeats, new_result in ITEMS:
    kind, why = classify(funds, groups, repeats, new_result)
    counts[kind] += 1
    print(f"{work:<42} {kind:<19} {why}")

print()
for kind in ("project", "operations", "programme", "portfolio decision"):
    print(f"{kind}: {counts[kind]}")

Output

Work                                       Kind                Why
Run this year's college tech fest          project             an end and a new result
Pay the staff every month                  operations          the same work again
Add UPI AutoPay to a food app              project             an end and a new result
Upgrade the hostel Wi-Fi                   project             an end and a new result
City metro plan: 3 lines and a depot       programme           related projects, one benefit
Yearly budget round for new work           portfolio decision  chooses what to fund
Answer helpdesk tickets                    operations          the same work again
Move a data centre to a new site           project             an end and a new result
Bank's new app, branches and call centre   programme           related projects, one benefit
Stop two projects, start one               portfolio decision  chooses what to fund
Back up the servers every night            operations          the same work again
Write the first run of a new course        project             an end and a new result

project: 5
operations: 3
programme: 2
portfolio decision: 2

Recorded with Python 3.14.8 on macOS 26 arm64. To run it yourself: mise exec python@3.14.8 -- python3 classify.py

Five of the twelve are projects and three are operations. Two items need the earlier questions. The yearly budget round repeats, yet it is not operations, because what it does is choose which work to fund; and the city’s metro plan has an end, yet it is more than one project, because it runs several projects together. The next section names both.

Calling only big work a project

Wrong: “a project is a large, expensive job”. Right: a project is temporary and unique, whatever its size. A one-weekend Wi-Fi upgrade in a hostel is a project; running a railway every day is operations, however large. Size changes how much planning a project needs, never whether it is one.

Programmes and portfolios group work for benefits and strategy

A city that builds one metro line has a project. A city that builds three lines, a depot and a fare-card system, and needs all of them working together before people ride in large numbers, has a programme: Related projects and other work managed together for a benefit that none of them would deliver alone, such as a city's metro lines, depot and fare system.: related projects managed together for a benefit that none of them would deliver alone. The outline adds that projects can be stand-alone efforts or part of a portfolio or a programme.

A portfolio: All the programmes, projects and operations an organisation chooses to fund for its strategy; portfolio decisions start, pause and stop work. sits above both. It is all the work an organisation chooses to fund for its strategy: programmes, stand-alone projects and the operations they hand over to. A portfolio decision chooses, starts, pauses or stops work, which is why the yearly budget round and “stop two projects, start one” were sorted as portfolio decisions. Step through one organisation’s work, from the choice at the top to the projects at the bottom:

Interactive · step by step Where projects sit among programmes, portfolios and operations Step through one organisation's work, from the choice of what to fund down to the projects, then see where operations fit.
Where projects sit among programmes, portfolios and operations, step 6 of 6. Showing Portfolio (chooses what to fund), Operations (payroll, helpdesk), Programme: metro plan, Project: tech fest, Project: metro line 1 (handed over), Project: depot. In focus: Project: metro line 1, Operations.fundsfundsPortfoliochooses what to fundOperationspayroll, helpdeskProgramme: metro planProject: tech festProject: metro line 1handed overProject: depotruns line 1 from now on

The drawing shows the whole scene; its 6 steps are listed below.

Every step as text
  1. The portfolio chooses. The portfolio is all the work an organisation chooses to fund for its strategy. Its decisions start, pause and stop work, so the yearly budget round belongs here even though it repeats.
  2. A programme for one benefit. One choice funds the city's metro plan. It is a programme because its benefit, people riding the metro, needs several pieces of work to succeed together.
  3. Related projects inside it. The programme runs related projects, a line and a depot. Each one is temporary and makes something new, and each has its own end, while the programme keeps them pointed at the shared benefit.
  4. A project on its own. Not every project sits in a programme. The tech fest is a project the portfolio funds directly, because no other work shares its benefit.
  5. Operations beside it all. Payroll, the helpdesk and the nightly backups are operations. They repeat to keep the organisation running and have no planned end.
  6. A finished project hands over. When metro line 1 is finished, running it every day becomes operations. The project has ended, but the benefit it was funded for only begins once it is in daily use.

The last step shows the hand-over that links the levels. A finished project becomes operations, and the benefit the portfolio paid for starts only once that operation runs. The governance module of this track returns to portfolios and programmes with the tools organisations use to choose between them.

Checkpoint

Check: A project versus operations · Programmes and portfolios

  1. Question 1 of 2 Which of these pieces of work is a project?

    Choose one answer.

    Show the answer: Question 1 of 2

    Answer: Organising this year's college tech fest

    A project is temporary and works in a unique context. The fest ends when the last stall is packed away and is never the same twice; the other three repeat to keep the organisation running.

  2. Question 2 of 2 A university's finance committee meets every year to decide which new projects to fund. What kind of work is that meeting?

    Choose one answer.

    Show the answer: Question 2 of 2

    Answer: A portfolio decision

    Choosing, starting, pausing and stopping work for a strategy is a portfolio decision, even when the decision is taken on a fixed yearly cycle. The yearly budget round of the classification program was sorted the same way.

Who leads depends on the way the team works

In a plan-driven project, often called predictive, one The person an organisation makes accountable for leading a project to its objectives: the plan, the team's coordination, risks, reporting and the hand-over. is usually accountable for leading the work to its objectives. A sponsor, the senior person who wants the result and funds it, gives the project its authority and takes the big decisions; the project manager plans, coordinates, reports and raises what the sponsor must decide.

The 2020 Scrum Guide works differently. A Scrum Team is one Scrum Master, one Product Owner and Developers, typically ten or fewer people, with no sub-teams or hierarchies, and the Guide defines three accountabilities. The Product Owner is accountable for maximising the value of the product and for managing the Product Backlog, including its order. The Developers are accountable for their plan for each Sprint, for quality through a Definition of Done and for adapting their plan each day. The Scrum Master is accountable for establishing Scrum and for the team’s effectiveness. The Guide names no project manager at all.

Here is the same kind of feature, a new payment option, delivered by two invented teams: a vendor team in Pune working to a fixed plan and contract, and a Scrum team in Bengaluru.

Decision Vendor team in Pune, plan-driven Scrum team in Bengaluru
Which feature comes next The client’s sponsor, through the change process in the contract The Product Owner, by ordering the Product Backlog
Who does which task today The project manager’s plan assigns it The Developers decide among themselves
When the work counts as done The acceptance criteria in the contract, checked at a gate The Definition of Done the Developers keep to

The work of managing a project does not disappear in Scrum. Budgets, contracts, dependencies on other teams and reports to stakeholders still need someone; in a Scrum team they are shared between the accountabilities and the people around the team, and a job title such as “delivery lead” is whatever an organisation decides it is, not a role any standard defines.

Agile teams need no project management

Wrong: “we use Scrum, so nobody manages the project”. Right: the Guide gives the decisions about value, the plan and the way of working to named accountabilities, and leaves budgets and contracts to the organisation. Work that nobody is given is not done.

Success means value delivered, not only scope, time and cost

For decades a project counted as a success when it delivered its scope on time and within budget. In 1999 Roger Atkinson, writing in the International Journal of Project Management, called cost, time and quality “two best guesses and a phenomenon” and argued for other criteria. PMI’s 2026 outline now says the same in its own way: it reframes success from schedule, budget and scope to the value stakeholders receive and the outcomes they wanted, describing a project perceived to have delivered value “worth the effort and expense”.

Follow one invented feature from its idea to its benefit. Watch where the project ends and where its value is measured:

Timeline · 6 events in order One feature's life, from the idea to its benefit Walk through the phases in order and notice where the project ends and where its value is measured.
  1. Idea

    A need worth meeting before

    Customers of a food app reorder the same lunch every week and drop off when paying takes several steps. Someone proposes paying for repeat orders automatically with UPI AutoPay.

  2. Business case

    Is it worth doing? before

    The case sets the benefit the work is for, AutoPay on 20 % of repeat orders within three months of launch, and weighs it against the cost and the risks.

  3. Charter

    The project is authorised project

    The sponsor authorises the project in a charter that names its goal, its budget, its end and who leads it. From here the project exists, with a start and a planned end.

  4. Delivery

    The work of the project project

    The team builds, tests and launches the feature, with the payment partner's checks. Scope, schedule and budget are tracked here, and they are the project's own measures.

  5. Handover

    Go-live, and the project ends project

    The feature goes live on time and on budget, operations take it over and the project team moves on. The project is finished; the benefit has not been measured yet.

  6. Benefits

    Value arrives after the project after

    Three months later the owner named before handover measures AutoPay on 4 % of repeat orders against the 20 % target. On time and on budget, the work has not yet delivered the value it was funded for.

The timeline has 6 events, from Idea to Benefits.

The AutoPay project met its date and its budget, and three months after hand-over AutoPay carried 4 % of repeat orders against the 20 % its business case promised. On the old measures it succeeded; on the measure it was funded for, it has not yet. That is why the business case names the benefit and why someone, often the sponsor or the business owner, must be named before hand-over to measure it after the project team has gone.

Key idea

A project ends at hand-over, but its success is judged later, by whether it delivered the value it was funded for; scope, time and cost are the project’s own measures, not the whole verdict.

Checkpoint

Check: Who is accountable for what · Success as delivered value

  1. Question 1 of 2 In a team that follows the 2020 Scrum Guide, who is accountable for ordering the Product Backlog?

    Choose one answer.

    Show the answer: Question 1 of 2

    Answer: The Product Owner

    The Product Owner orders the Product Backlog, the Developers plan each Sprint and keep the Definition of Done, and the Scrum Master is accountable for establishing Scrum and the team's effectiveness. There is no project manager in the Guide.

  2. Question 2 of 2 The AutoPay feature went live on time and on budget. Three months later it carries 4 % of repeat orders against the 20 % its business case promised. How would PMI's 2026 outline judge it?

    Choose one answer.

    Show the answer: Question 2 of 2

    Answer: Not yet a success, because it has not delivered the value it was funded for

    On time and on budget, the feature has not yet delivered the 20 % its business case promised. Success is judged by the value delivered, which is measured after the project has ended by someone named before hand-over.

1,981 central projects show the scale of project work in India

One government’s own monitoring shows how much project work a country runs. The figures below come from India’s central monitoring, and the program after them checks what the published totals mean for a single project.

MoSPI's count of central projects

The Ministry of Statistics and Programme Implementation (MoSPI) monitors central government infrastructure projects of ₹150 crore and above on its PAIMANA portal. One month’s flash report, published as a press release, counted 1,981 ongoing projects across 17 ministries and departments, with a total revised cost of ₹42.78 lakh crore, of which ₹20.36 lakh crore had been spent. Mega projects, of ₹1,000 crore and above, were 814 of them.

The program works out the averages with exact decimal arithmetic, so its last digits can be trusted:

One month's central project figures, on average Python · paimana.py
"""What one month's MoSPI flash report on central infrastructure projects (Rs 150 crore and above) says on average.

The inputs are the figures of the press release the lesson cites: 1,981 ongoing projects with a total revised cost of
Rs 42.78 lakh crore, Rs 20.36 lakh crore spent so far, and 814 of the projects in the mega class (Rs 1,000 crore and
above). Money is worked in crore with the decimal module (1 lakh crore = 100,000 crore), and rounded half up.
"""

from decimal import ROUND_HALF_UP, Decimal

LAKH_CRORE = Decimal(100_000)  # crore in one lakh crore

projects = 1981
mega = 814
revised_cost = Decimal("42.78") * LAKH_CRORE  # crore
spent = Decimal("20.36") * LAKH_CRORE  # crore


def r(value, places="0.1"):
    return value.quantize(Decimal(places), rounding=ROUND_HALF_UP)


average = revised_cost / projects
print(f"Revised cost of all projects: {r(revised_cost, '1'):,} crore")
print(f"Average revised cost per project: {r(average, '1'):,} crore")
print(f"Share of the revised cost spent so far: {r(spent / revised_cost * 100, '0.01')} %")
print(f"Mega projects: {mega} of {projects:,} ({r(Decimal(mega) / projects * 100)} %)")
print(f"Major projects (Rs 150 to 1,000 crore): {projects - mega:,} ({r(Decimal(projects - mega) / projects * 100)} %)")

Output

Revised cost of all projects: 4,278,000 crore
Average revised cost per project: 2,160 crore
Share of the revised cost spent so far: 47.59 %
Mega projects: 814 of 1,981 (41.1 %)
Major projects (Rs 150 to 1,000 crore): 1,167 (58.9 %)

Recorded with Python 3.14.8 on macOS 26 arm64. To run it yourself: mise exec python@3.14.8 -- python3 paimana.py

Two in five of the projects, 41.1 %, are in the mega class, and 47.59 % of the revised cost had been spent, the same share the release itself gives, which is a quick check that the program read the figures correctly.

What the average says, and what the count leaves out

The average project has a revised cost of about ₹2,160 crore. PAIMANA covers central sector infrastructure above ₹150 crore only: state government projects, the work of IT services firms and global capability centres, start-ups’ product launches and every college fest are projects too, and no public register counts them.

Checkpoint

Check: The scale of project work in India

  1. One question The flash report gives a total revised cost of ₹42.78 lakh crore for 1,981 projects. What is the average revised cost of one project, in crore? (1 lakh crore = 100,000 crore.)

    Type a number.

    A hint

    Turn the total into crore first, then divide by the number of projects.

    Show the answer: One question

    Answer: 2160 crore (anything from 2159 to 2161 counts)

    ₹42.78 lakh crore is 42.78 × 100,000 = 4,278,000 crore, and 4,278,000 ÷ 1,981 is about 2,159.5, so about ₹2,160 crore a project, as the lesson's program prints.

Practise: sort, assign and judge

Sort, assign and judge a few more cases. Each answer is explained as soon as you check it, and the concepts you find hardest come back first:

Practice that adapts to you

Practise this lesson

11 questions about 5 ideas of this lesson. Each answer is explained at once, and what you get right is kept in this browser.

  1. Question 1 of 11 Which two ideas in the PMBOK Guide's definition separate a project from operations?

    Choose one answer.

    Show the answer: Question 1 of 11

    Answer: It is temporary, and its context is unique

    "A temporary initiative in a unique context undertaken to create value": temporary means a beginning and an end, and unique context means its own goals, conditions, approach and people.

  2. Question 2 of 11 A hostel warden sets aside one Saturday to replace the Wi-Fi routers in every block. It is small and cheap. Is it a project?

    Choose one answer.

    Show the answer: Question 2 of 11

    Answer: Yes, because it has an end and a new result, and size does not decide

    Size changes how much planning a project needs, never whether it is one. A one-day upgrade with a clear end and a new result is a project.

  3. Question 3 of 11 What does a portfolio decision decide?

    Choose one answer.

    Show the answer: Question 3 of 11

    Answer: Which programmes, projects and other work to fund, start, pause or stop for the strategy

    The portfolio sits above programmes and stand-alone projects and chooses between them for the strategy; a programme coordinates related projects; a project delivers one result.

  4. Question 4 of 11 A bank builds a new app, retrains its branch staff and changes its call centre, each with its own team. When does it make sense to run the three as one programme?

    Choose one answer.

    Show the answer: Question 4 of 11

    Answer: When the benefit, customers moving to digital banking, needs all three to work together

    Run related work as a programme when its benefit depends on the pieces working together: an app nobody is trained to recommend, or a call centre that cannot help app users, would hold back the benefit of the others.

  5. Question 5 of 11 What is the Scrum Master accountable for, according to the 2020 Scrum Guide?

    Choose one answer.

    Show the answer: Question 5 of 11

    Answer: Establishing Scrum as the Guide defines it, and the Scrum Team's effectiveness

    The Scrum Master is accountable for establishing Scrum and for the team's effectiveness; the Product Owner for the value of the product and the Product Backlog; the Developers for each Sprint's plan and the Definition of Done.

  6. Question 6 of 11 A new Developer joins the Bengaluru Scrum team and asks who will give her today's tasks. What is the answer under the Scrum Guide?

    Choose one answer.

    Show the answer: Question 6 of 11

    Answer: The Developers decide among themselves who does what

    In the lesson's table the same decision falls to the project manager's plan in the Pune team and to the Developers themselves in the Bengaluru team.

  7. Question 7 of 11 A Scrum team's organisation still needs a budget forecast and a vendor contract managed. Who does that work?

    Choose one answer.

    Show the answer: Question 7 of 11

    Answer: Whoever the organisation gives it to, inside or around the team, planned on purpose

    The work of managing a project does not disappear in Scrum. Budgets, contracts and reports to stakeholders are shared between the accountabilities and the people around the team, and someone must be given each of them.

  8. Question 8 of 11 What does PMI's 2026 outline add to schedule, budget and scope when it judges a project's success?

    Choose one answer.

    Show the answer: Question 8 of 11

    Answer: The value stakeholders receive and the outcomes they wanted

    Schedule, budget and scope stay the project's own measures. Success also asks whether the project delivered value worth the effort and expense.

  9. Question 9 of 11 The AutoPay feature has gone live and its project team has moved to other work. Who should measure whether AutoPay reaches 20 % of repeat orders?

    Choose one answer.

    Show the answer: Question 9 of 11

    Answer: An owner named before hand-over, such as the sponsor or the business owner

    Name the owner of each benefit before hand-over, with the measure and the date to check it, so that success can be judged after the project team has gone.

  10. Question 10 of 11 Which projects are in PAIMANA's count of 1,981?

    Choose one answer.

    Show the answer: Question 10 of 11

    Answer: Central government infrastructure projects of ₹150 crore and above

    The 1,981 are central sector infrastructure projects of ₹150 crore and above. Most of India's project work, from state projects to start-ups' launches, is outside the count.

  11. Question 11 of 11 Of the ₹42.78 lakh crore revised cost, ₹20.36 lakh crore had been spent. What share is that, in per cent, to two decimal places?

    Type a number.

    A hint

    Divide what was spent by the revised cost and multiply by 100.

    Show the answer: Question 11 of 11

    Answer: 47.59 % (anything from 47.58 to 47.6 counts)

    20.36 ÷ 42.78 = 0.47592…, so 47.59 %, the share the lesson's program prints and the release itself gives.

Interview questions

Warm-up (fresher to 2–5 years): what makes a piece of work a project rather than operations?

A project is temporary and works in a unique context: it has a planned start and end, and it makes something that has not been made in exactly this way before, such as a new feature, an event or a move to a new office. Operations are the work that repeats to keep the organisation running, such as payroll, support or backups, and they have no planned end. Size does not decide: a weekend upgrade is a project, and running a railway every day is operations. The two are linked, because a finished project usually hands its result over to operations, and the benefit it was funded for starts only when that operation runs. In an interview, give one example of each from your own work and say where one became the other.

Two harder questions follow, about judging a finished project and about leading without a project manager. Say your answer out loud first, then compare it with the first step:

Model answers open with any pass: ₹79 for 1 week ($2.99), one payment that never renews.

  1. Fresher to senior

    Your team delivered a new feature on time and within budget, but three months later almost nobody uses it. Your sponsor calls the project a success. Do you agree, and how would you make your case?

    Model answer, Pro. Model answers open with any pass; prices are in the notice on this page. First step and follow-ups

Flashcards · 5 cards

Recall it, then check

Say the answer to yourself before you look: recalling it is what makes it stick.

  1. What tells a project apart from operations?

    A project is temporary and works in a unique context, with a planned start and end and a result that has not been made in exactly this way before. Operations repeat to keep the organisation running, such as payroll or backups, and have no planned end. Size decides neither.

  2. How does a programme differ from a portfolio?

    A programme runs related projects together for a benefit that none would deliver alone; a portfolio is all the work an organisation chooses to fund for its strategy, and a portfolio decision starts, pauses or stops work.

  3. Who does the 2020 Scrum Guide make accountable in a Scrum Team, and does it name a project manager?

    It names three accountabilities and no project manager: the Product Owner (maximising product value and ordering the Product Backlog), the Developers (their plan for each Sprint and quality through a Definition of Done) and the Scrum Master (establishing Scrum and the team's effectiveness).

  4. On what does the 2026 PMI outline say a project's success is now judged?

    On what stakeholders receive in value and on the outcomes they were after, not only on scope, time and cost. A project ends at hand-over but is judged later, so someone must own measuring the benefit once the team has gone.

  5. What does India's PAIMANA portal count, and how big is the count?

    It monitors central government infrastructure projects of ₹150 crore and above. One month's flash report counted 1,981 ongoing projects across 17 ministries, with a revised cost of ₹42.78 lakh crore, of which about 47.59 % had been spent.

Key takeaways

  • A project is temporary and unique, with a planned end and a new result, while operations repeat to keep the organisation running; size decides neither.
  • A programme runs related projects together for a benefit none delivers alone, and a portfolio decides which work to fund, start or stop for the strategy.
  • Plan-driven projects usually have one accountable project manager, while the 2020 Scrum Guide names no project manager and gives its decisions to the Product Owner, the Developers and the Scrum Master.
  • A project ends at hand-over, but its success is judged by the value it delivered, so someone must own measuring the benefit afterwards.
  • India’s central monitoring alone counts 1,981 ongoing infrastructure projects, and a short program turns the published totals into an average for one project.

Terms in this lesson

operations
The work that repeats to keep an organisation running, such as payroll, support or backups. It has no planned end; finished projects usually hand their results over to it.
portfolio
All the programmes, projects and operations an organisation chooses to fund for its strategy; portfolio decisions start, pause and stop work.
programme
Related projects and other work managed together for a benefit that none of them would deliver alone, such as a city's metro lines, depot and fare system.
project
Temporary work in a unique context, undertaken to create value: it has a planned start and end and makes a result that has not been made in exactly this way before.

References

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