Project Management Project management is the science (and art) oforganizing the components of a project, whether theproject is development of a new product, the launch of a new service, a marketing campaign, or a wedding.
A project consists of three components namely, scope, cost and schedule. Scope Quality Cost Time
-:Basics:- No matter what the type of project, projectmanagement typically follows the same pattern: Definition Closure Planning Control Execution
-:Work Breakdown Structure:- Project Act A Act B Act A.1 Act A.2 Act B.1
-:Identifying and Managing Project Risk:- Risk Assessment Risk Control Risk Ranking Risk Mitigation
-:Project Life Cycle:- Project idea Project Evaluation IdentificationMonitoring Project and PreparationReporting Project ProjectImplementa appraisal tion Planning for Project implementati selection on Negotiation and Financing
-:Project Financing:-• A separate project entity is created that receives loans from lenders and equity from sponsors.• Component of debt is very high in project financing.• Debt services and repayments entirely depend on the projects cash flows.• Project assets used as collateral for loan repayments.• Project financing most appropriate for projects involving large amount of capital expenditure and involving high risk.
-:Project Financing Models:-Build Own Operate (BOO) ModelDesign Build Finance Operate (DBFO) ModelBuild Transfer Operate (BTO) ModelBuy Build Operate (BBO) ModelLease Own Operate (LOO) ModelDesign Bid Build (DBB) ModelBuild Develop Operate (BDO) Model