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What are the characteristics of a major project?

I want a list of all the characteristics defining a major project. Are these characteristics standard (or static), or do they depend on the company's size and industry?

For example, wouldn't a major project for a small sized software company be considered a small or medium project by the standards of a large construction company?

Another thing: are major projects the same as mega projects? Or are the latter even bigger?
asked 8 years ago by anonymous

1 Answer

It depends on the organization and the type of projects it does. Could also be a function of the organization.

For example the value (cost) of a small project in the Oil & Gas industry could be much bigger than a major IT project or marketing project.

A small project for major organization could be a large project for a small organization.

So basically size is relevant with an organizational context and cannot be generic across all industries and companies.

It is also possible that some organizations use complexity factor instead of size or dollar value to define the size of a project.
answered 8 years ago by anonymous

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