1 - Phases of Project Management
1 - Phases of Project Management
Project Identification
Performance of existing industries
Availability of raw material
Availability of skilled labor
Import / export statistics
Price trend
Data from various sources
Consumption abroad
Plan outlays & govt. guidelines
Analysis of economic and social trends
Project Formulation
Pre Feasibility study
Functional studies- mkt study , raw material ,
project location, plant size, equipment
selection
Feasibility study
Technical Economic
Commercial Financial
Schedule of implementation
Project cost
Detailed Project Report
Means of financing project
Working capital requirements
Marketing and selling arrangements
Profitability and cash flow estimates
Mode of repayment of term loan
Govt approvals
Collateral security
Feasibility Report
Market Analysis
Consumption trends in the past and present consumption level.
Past and present supply position.
Production possibilities and constraints.
Imports and exports
Structure of competition
Cost structure
Elasticity of demand
Consumer behavior
Distribution channels and marketing policies
Administrative, technical and legal constraints
Financial Analysis
Investment outlay and cost of project
Means of financing
Cost of capital
Projected profitability
Break even point
Cash flows of the project
Investment worthwhileness
Projected financial position
Level of risk
Social Profitability Analysis
(Economic Analysis)
Economic cost and benefit of project
Impact of project on distribution of income in
society
Impact of project on the level of savings and
investment in the society
Contribution towards self-sufficiency,
employment and social order
Ecological Analysis
Environmental damage
Restoration measures
Criteria for selecting a particular
Project
Investment Size
Location
Technology
Equipment
Marketing
Importance of Project Identification
Economic Development
Employment and Income generation
Substantial Financial Outlays
Basic Infrastructure and Environment
Establishing the Project
Initiating
Planning
Organizing
Executing
Directing and Controlling
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