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Project Based Production System

Project
A project is a temporary endeavour involving a connected sequence of activities and a range of resources, which is designed to achieve a specific and unique outcome and which operates within time, cost and quality constraints and which is often used to introduce change.

Characteristic of a project
·         A unique, one-time operational activity or effort
·         Requires the completion of a large number of interrelated activities
·         Established to achieve specific objective
·         Resources, such as time and/or money, are limited
·         Typically has its own management structure
·         Need leadership 

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