Read the below excerpt from a conversation between two students in a Project Management class and select the correct option from the below choices. Ram: Last year, I completed a project to build a school building and handed it over to the client. This year, the same organisation approached me with another project with a fixed budget and time duration to build a similar school building. Shyam: Hold on. Don't call it a "project"! Since you are building many school buildings, one after the other, it would be an "operation", because you are performing the same tasks. Group of answer choices Ram is correct. Even though he is doing a similar type of project, this is not an operation. Being similar does not mean they can be categorised as operations, as the effort starts from scratch again with a fixed budget and time, and the output is unique every time. Shyam is correct. When a school was built for the first time, it was a "project". However, when it is done again and again, it becomes an "operation". Shyam is correct. Since it is the same organisation that has approached Ram for the second time, it should be an operation