3.1 Differentiate Between Projects and BAU Flashcards
Are projects risk aware or averse ?
Aware
Is BAU is risk aware of averse ?
Averse
If BAU activities are generally low risk what about project ?
Projects carry more risk and may require extensive risk management
What are BAU activities in relation to risks ?
Generally low risk
Why would project require extensive risk management and how does this affect project in relation to risks ?
Because project are something new that have never been done before
Therefore they are open to new and unknown risks
Why is BAU generally aware of potential risks?
Because BAU work is a repetitive process where they are generally aware of potential risks.
Why do project carry a higher degree of uncertainty and complexity and how does this relate risk associated with projects ?
Because they are temporary endeavours
Risk associated with projects are more difficult to manage
What are types of risk associated with projects ?
Schedule or scope risks
What are the characteristics of risks associated with BAU ?
Predictable and manageable
Types of BAU risks ?
Compliance and operational risks
What are the differences between projects and BAU?
Risks
Timeframe
Teams
In relation to timeframe what do projects have ?
Projects have a specific start and end date and temporary
What is the aim of projects and within what ?
The aim to achieve particular objectives within a variable time frame
How long can a projects duration last and dependant on what ?
A project duration can last from a week to several years depending on the scope and complexity
What are BAU activities in relation to timescales ?
BAU activities are ongoing , continuous and do not have a fixed endpoint
When is comes to BAU what is not fixed ?
The endpoint
What does BAU form in an organisation and why is it necessary ?
BAU form the foundation of an organisation day to day operations and is necessary for stability and consistency.
What is BAU necessary for ?
Stability and consistency
When is a project time frame defined ?
A project timeframe is defined in the planning during the definition phase
What is a project time frame based on ?
Resource availability , the projects scopes and desired outcomes
Because BAU is a repetitive process what does it have and why is it designed like that ?
BAU is a repetitive process and has well established processes and procedures
Designed to ensure tasks are completed accurately and consistently
BAU processess and procedures are designed to ensure task are completed ?
Accurately and consistently
A project team is ?
Dynamic
what type of team does BAU have ?
Stable
Due to the unique nature of a project what would the project need to be and what is likely to happen ?
Multi-skilled and is likely to Increase and decrease as the projects tasks and schedule demands ensuring the project is being performed efficiently
What does increasing and decreasing a project teams as the projects tasks and schedule demands ensure?
That the project is being performed efficiently as possible
Why is it best that a stable team , skilled appropriately allocated to BAU tasks ?
Within the BAU environment the work is ongoing and repetitive.
Projects are risk ______ whilst BAU is risk ______. BAU activities are ________ low ______ whereas project Carry _____ ________ and may require _________ risk _______ this is because project are __________ that has never been _____________ therefore they are open to ________ and _________ risks, whereas BAU work is a ___________ where they are generally aware of ____________
Aware whilst BAU is risk averse
Generally low risks whereas project carry more risk and may require extensive risk management.
Projects are something new that has never been done before therefore they are open to new and I know risks whereas BAU work is a repetitive process Potential risks
Projects are temporary ________ and carry a high degree of ________ and ________ and the risks _______with projects are more ____________ such as ________ and ________ whereas risk associated with BAU are more __________ and ________ such as _____________
Endeavours and Carry a high degree of uncertainty and complexity and the risks associated with projects are more difficult to manage
Such as scope and schedule risks whereas risks associated with a BAU are more predictable and manageable such as compliance and operational risks
Project have a ______ start and end date and are ______with the aim of ___________ particular _______ within ______________. A project duration can last from a _________ to _______________ depending on the _______ and ________. BAU activities are __________ , ___________and do not have _____________. BAU forms the _____ of an _________ day to day ___________ and is necessary for ________ and _________.
Specific start and end date with the aim of achieving particular objectives within variable timeframes.
A projects duration can last from a week to Several years depending on the complexity and scope.
BAU activities are ongoing , continues and do not have a fixed endpoint. BAU forms the foundation of an organisations day to day operations and is necessary for stability and consistency
A project timeframe is defined in ______ during the ____________ and is based on _________, __________ and __________.
Where as BAU is a ____________ and has well _______ _______ and _______ designed to ensure _________ are being completed __________ and ________
Planning during the definition
Resource Availability , the projects scope and the desired outcomes and is designed to ensure tasks are being completed accurately and consistently
A projects team is ________ whereas BAU will have a _______. Due to the _______ nature of a project the project team will need to be ________ and it is likely
That the team would ________ and ________ as the projects _________ and _______ demands ensuring that the project is being ___________ as __________ as possible.
Dynamic whereas BAU will have a stable team.
Multi skilled and it is likely that the team would increase and decrease as the project takes and schedule demands
Performs as efficiently as possible
Within the BAU ___________ the work is _______ and ________ so it is best that a _______ , skilled ________ is allocated to these tasks ms
Environment ongoing and repetitive so it is what that a stable team , skilled appropriately is allocated to these tasks.
