Types of Projects in Project Management
Types of Projects in Project Management
Classification of Project
Types of Project Managers in Different Types of Projects
Types of Project Management
Types of Project Reports
o Status Reports
o Risk Reports
o Board/Executive Reports
o Resource Reports
Types of Meetings
o Kick-off Meetings
o Status Update Meetings
o Information Sharing Meetings
o Decision-Making Meetings
o Problem-Solving Meetings
o Innovation Meetings
TYPES OF PROJECTS IN PROJECT MANAGEMENT
CLASSIFICATION OF PROJECT
According to complexity:
Easy: A project is classified as easy when the relationships
between tasks are basic and detailed planning or organisations are
not required. A small work team and a few external stakeholders
and collaborators are common in this case. The tasks of the projects
can be undertaken by a small team.
Complicated: The project network is broad and complicated.
There are many task interdependencies. With these projects,
simplification where possible is everything. The task of executing
this type of project requires proper planning. Cloud-based apps such
as Sinnaps will immensely help to simplify complicated projects by
automatically calculating the project’s best work path and updating
any changes introduced through its use of different types of project
management tools. Here, the importance of project management and
how an effective tool could help you!
According to the source of capital:
Public: Financing comes from Governmental institutions.
Private: Financing comes from businesses or private incentives.
Mixed: Financing comes from a mixed source of both public and
private funding.
According to its objective:
Production: Oriented at the production of a product or service
taking into consideration a certain determined objective to be met by
an organization.
Social: Oriented at the improvement of the quality of life of
people. This can be in the form of rendering corporate social
responsibility (CSR) to the people.
Educational: Oriented at the education of others. This is always
done to make them better.
Community: Oriented at people too, however with their
involvement.
Research: Oriented at innovation and the gaining of knowledge to
enhance the operational efficiency of an organization.
If you would like to know more about types of projects and which
method is best for each one, we recommend this Online Free Project
Management Course!
What is a project manager? Now that we know what a project is, the
different types and its different classifications, we must consider the
person responsible for bringing the goals of a project from the beginning
to the end and that is the project manager. All types of projects in project
management need a project manager. Like projects, there are different
types of project managers. The burning question on everyone’s mind
is how best to grow your organisation and how best to execute a
project? Depending on the type of project a certain style of project
manager will be best suited to execute the project properly.
The Prophet: This type of project manager focuses on grand
opportunities. This manager relies on passionate team members that are
extremely determined to comply with the vision of the project. Prophets
are good for challenging an existing, possibly out-of-date strategy
and seeking out new opportunities for growth that previously may
have been overlooked.
The Gambler: This type of project manager actively pursues business
opportunities that exist within the existing strategic boundaries of the
business but are not being exploited to their full potential due to a lack
of trustworthy data. Essentially, this project manager takes bets on
growth opportunities. In a certain light, these managers can seem risky
as the likelihood of success cannot be predicted. However, they
are necessary to project management as they pursue certain
overlooked opportunities that have potential that can enhance the growth
of an organization.
The Expert: This type of project manager actively pursues business
opportunities that lie outside the existing strategic boundaries, but
contrary to the gambler and the prophet, opportunities for which there
exists trustworthy data that carves a solid case. They love solid
evidence that backs up their initiative to go with certain overlooked
business growth opportunities. Their main challenge is to explain their
vision and get everyone on the team on board while pursuing the goal.
The Executor: This project manager energetically pursues business
opportunities that lie within the existing strategic boundaries and have a
great case to be pursued. The sureness and confidence of this type of
project manager are what gains trust from the other team members and
followers of the project. Quantitative evidence is key for the executor
and helps back up the pursuit of an opportunity.
Risk, uncertainty, and challenge are null. They simply excel at
pinpointing opportunities that need to be sought after which are not
currently. It is the most certain path to success. However, the executor
lacks the ability to pinpoint more obscure and maybe riskier
opportunities that could potentially be exploited.
TYPES OF MEETINGS
KICK-OFF MEETINGS
Kick-off meetings are very important for every project. They are held at
the beginning of a project and include everyone involved in the project’s
execution. These meetings help to build trust and motivation among
team members and helps to ensure that everyone is on the same page and
aware of what needs to be done. It is an avenue for the project team to be
in the know of what is at stake in a project and have an understanding of
the project scope.
If you would like to know more about the Kick Off Meeting, we
recommend this Online Free Project Management Course!
DECISION-MAKING MEETINGS
Most business decisions are made during group meetings. Decision
making in general tends to be a part of every kind of meeting. The
bigger and more important decisions, however, have their dedicated
meeting where information sharing, gathering, brainstorming and
evaluating different solutions and voting are a common occurrence.
PROBLEM-SOLVING MEETINGS
This kind of meeting is generally known as the most complex type.
Scopes and priorities are defined as well as current and potential
problems that need resolution. Brainstorming is a common activity and
the aim is to reach an agreement on future steps to be taken by the team.
INNOVATION MEETINGS
These are creative meetings used to motivate team members to
brainstorm and come up with new innovative ideas for anything from
problem resolutions to new product and service ideas. Ranking and
evaluation of each idea then move on to creating a more short and
concise list from which eventually the best option will be chosen.
Overall, projects are a complex phenomenon needed by us to achieve
goals and objectives. They occur all the time around us, even if we don’t
consciously notice them. Projects are unavoidable, it doesn’t matter what
type of project is. Don’t forget about the different types and the
classification of projects in project management! For us here at Sinnaps
it is important to understand the various components of a project and
how to manage them efficiently and effectively in order to reach the
project’s aim.