How should we categorize differenttypes of projects?Three words to define :1- typology2- taxonomy3- classificationThe project management profession needs aclassification system for different types ofprojects
Four basic ways for settingup a classification system :1- geographical location2- industrial sector3- stage of the project lifecycle4- product of the projectThe most important and the most usefulbreakdown is by type of product or deliverablethat the project is producing
Type of Project Product of Project(Examples)Administrative -installing a new accounting systemConstruction -a building or a roadComputer Software Development -a new computer programDesign of Plans -architectural or engineering plansEquipment or System Installation -a telephone system or a IT systemEvent or Relocation -Olympiads or a move into a newbuildingMaintenance of Process Industries -petro-chemical plant or electricgenerating stationNew Product Development -a new drug or aerospace/defense productResearch -a feasibility study orinvestigating a chemicalOther -?
Common characteristics of the major types of projects
Other variables common to alltypes of projects :•Size•Duration (Length of time)•Industrial sector•Geographical location•Number of workers involved•Cost (large, medium or small)•Complexity•Urgency•Organizational design