Operations management vs project management


Discussion:

Operations Management vs. Project Management

At one time, project management was viewed as only nice to have. However, recessionary times and increased competition forced organizations to reevaluate their business practices and streamline operations in order to survive. Companies began to recognize the value of project management to help them accomplish greater organizational performance and strategic objectives.

• What are the similarities and differences between operations management and project management?

• What is the relationship between business strategy and operations strategy?

• In what ways does project management contribute to business value?

• How can project management and operations management be used collectively to support operations strategy?

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Accounting Basics: Operations management vs project management
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