Classification of Projects IT projects are classified as Small, Medium, Large, or as Super Projects.

Small Projects (1-3 weeks) Medium Projects (3-6 weeks) Large Projects (6-12 weeks) Super Projects (13 weeks or more)

Labour-intensive [or] Capital-intensive production. It is important to distinguish between capital-intensive and labour-intensive methods of production. Capital-intensive Capital refers to the equipment, machinery, vehicles and so on that a business uses to make its product or service. Capital-intensive processes are those that require a relatively high level of capital investment compared to the labour cost. These processes are more likely to be highly automated and to be used to produce on a large scale. Capital-intensive production is more likely to be associated with flow production (see below) but any kind of production might require expensive equipment. Capital is a long-term investment for most businesses, and the costs of financing, maintaining and depreciating this equipment represents a substantial overhead. In order to maximise efficiency, firms want their capital investment to be fully utilised (see notes on capacity utilisation). In a capital-intensive process, it can be costly and time-consuming to increase or decrease the scale of production. Labour-intensive Labour refers to the people required to carry out a process in a business. Labour-intensive processes are those that require a relatively high level of labour compared to capital investment. These processes are more likely to be used to produce individual or personalised products, or to produce on a small scale The costs of labour are: wages and other benefits, recruitment, training and so on. Some flexibility in capacity may be available by use of overtime and temporary staff, or by laying-off workers. Long-term growth depends on being able to recruit sufficient suitable staff. Labour intensive processes are more likely to be seen in Job production and in smaller-scale enterprises.

BASED ON FUNDING SOURCE: Indigenous project: the project which is operated with a country's own tradition, vision, thought and style is called indigenous project. It is totally local or home country project. Indigenous project helps to protect tradition and culture of the country. Joint venture project: the project established with the joint effort and investment of two or more persons, firms or countries is joint venture project. So joint venture project may be indigenous or foreign. Bilateral Project: the project which is operated with special agreement between two counties is called bilateral project. Bilateral project helps to build bilateral relationship in between two different countries and accelerates economic growth of the country.

Multilateral project: the project which is operated with special agreement between two or more countries is called multilateral project. Group of developed countries operate such projects in developing countries for the development of health , education communication , irrigation and so on example: UNDP, WHO,UNICEF etc

BASED ON ORIENTATION: Product based company develops the applications for Global clients i.e. there is no specific clients. Here requirements are gathered from market and analyzed with experts. Process / Project based company develops the applications for the specific client. The requirements are gathered from the client and analyzed with the client.