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Project Types by Origin

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How does each of the following impact project development: problem-driven projects, opportunity-driven projects, and mandate-driven projects?

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Solution Summary

This solution provides a distinction of projects according to how they started - whether they were brought into being because of a problem to be addressed, an opportunity to be taken advantage of, or a mandate to be complied with.

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Project Development

An online source defines a project as an activity or a group of activities with a defined scope, execution timeframe and an established budget. As such, a project must have a desired outcome, start and finish dates/completion dates.

(http://files.asme.org/Divisions/Management/15917.pdf).

How does each of the following project types impact project development?

Problem-driven project

These projects are conceptualized and implemented as solutions to needs. Hence, in the development of the project, priority is more on addressing an issue, not necessarily on adding value to the organization. Company resources may ...

Solution provided by:
Elisa Valdez, PhD
Education
  • Bachelor of Science in Business Administration, University of the Philippines
  • Master in Business Administration, Saint Mary's University
  • Doctor of Philosophy in Education, University of the Philippines
  • Doctor in Business Adminstration (IP), Polytechnic University of the Philippines
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