Operations Management is an ongoing organisational function that performs activities to produce products or supply services. For instance, production operations, manufacturing, IT service management, and accounting operations.
Furthermore, operations are permanent endeavours that produce repetitive outputs. Resources are assigned to do the same tasks according to operating procedures and policy.
In contrast, projects are temporary and help the business to meet organisational goals, and to respond quickly and easily to the external environment. Organisations use projects to change operations, products and services to meet business need, gain competitive advantage and respond to new markets.