Project Identification Technique
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Project Identification Technique
- 1. Project Identification techniques Name :Samreen Akhtar Roll No : 18DCS058
- 2. Project Identification • To identify the projects/solutions for a particular problem based on various factors is termed as project identification. • There could be number of possible solutions for a single problem , so having idea of that solution or identifying those various solutions is project identification
- 3. Project Identification Objective Strength Weakness Opportunity Threat Alternative Project Possibility
- 4. Objective • To increase profit • To increase threat to losses • To become more competitive • To provide help after disaster • To train people in new area
- 5. Strength • Experience and expertise • Financial position • Capital raising capability • Industrial contacts • foreign collaboration
- 6. Weakness • New unfamiliar technologies • Inability to raise huge investments • Lack of experience • Lack of trained personals • Inability to forecast market trends
- 7. Opportunity • Emerging new technologies • New products with new market • New processes with better features • Special financing schemes • Government and other incentives
- 8. Threats • Competitors • Poor state of economy • Outdated technology • Unprofessional management skills • New products and services