This presentation is design in education prospective so may b this would not applicable in other areas. Thank you

1. NUTS AND BOLTS OF PROJECT FORMULATION AND
IMPLEMENTATION:
SUBMITTED TO: Dr. M Zafar Iqbal
SUBMITTED BY: M Faisal Ishaq
NUTS AND BOLTS OF PROJECT FORMULATION AND IMPLEMENTATION:NUTS AND BOLTS OF PROJECT FORMULATION AND IMPLEMENTATION:

2. Nuts and Bolts of project Formulation
• Project policy
• Financial Planning
• Capital planning
• Programming
• Project Approval
• Design

3. Nuts and Bolts of project Formulation
• Project close out and Evaluation
• Project Operation

4. Project policy
• Translation of mission and goals of project
• Identification of needs
• Establishment of priorities
• Contact with stakeholders and staff of collaborative execution of project
•

5. Financial Planning
• It will be done in following prospective;
Operational budget cost:
Generate list of all operational budget and expenses including risk associated with line item
that are uncertain or could be change significantly.
Revenue projections:
it is very important to generate the list of potential revenue and also steam and
limitation on their use.

6. Financial Planning
Potential funding source:
List of all findings resources including donations, investments, customer facility
charges local grants etc.
Financial models:
Develop a well define financial model to asses and monitor the coming revenue
and expenditure as well.

7. Capital planning
• Capital planning done on following ways:
Existing condition survey:
Set a plan for monitoring current condition of project and also estimate the
need of change in project.
Facility need assessment:
Regularly assess facility needs with respect to maintenance and
improvements.

8. Capital planning
Life cycle cost analysis(LCCA):
It is use to asses total cost and operating cost of project.it help management
to compare alternative to net saving prospective and also determine higher
initial investment will pay off in lower operating cost.
Project definition standard:
Establish a define standard for project phase and milestones to be used in
developing budget estimates and project schedule.

9. Capital planning
Project worksheet:
Develop a draft scope, cost and schedule for preferred alternatives, also
develop well descriptive worksheet on project which consist of all information
about project.

10. Programming
• Analyze, evaluate and prioritize the project.
• Develop a full project draft
• Set role and responsibilities
• Set project rating criteria

11. Project Approval
• Project legal approval from;
• Government authorities
• Organizations
• Community

12. Project Design
• Following task are achieved here
• Stakeholder input
• Procure consultancy
• Management consultancy
• Quality control management
• Project management plan

13. Project Design
• Risk assessment and management
• Coordination
• Invoices
• Cash flow
• Progress monitoring and reporting

14. Project close out and Evaluation
• Closeout check list
• Punch list (item to be completed)
• Certificate of Occupancy (appropriate external stakeholder)
• Guarantees and Warrantees
• Contractor asses

15. Nuts And Bolts of Project Implementation
• Prepare the infrastructure:
• Building
• Envirment
• Physical facilities

16. Nuts And Bolts of Project Implementation
• Coordination with Organization:
• With clients
• With stakeholder
• With staff of collaborative execution

17. Nuts And Bolts of Project Implementation
• Implement training
• Staff training
• Community awareness training
• Informal coaching sessions
• Formal coaching sessions

18. Nuts And Bolts of Project Implementation
• Implement new processes and procedures.
• Modified process and procedure implementation
• Assessment of need of modification in actual process
• when once change should be implemented at the same time that the actual
solution is deployed.

19. Nuts And Bolts of Project Implementation
• Monitor the Solution:
• Daily base monitoring
• Assessment of problem
• Fixation of the problem

20. References:
• Airport Consultants Council/Federal Aviation administration Best Practices
Update Task Force, Improving the Quality of Airport Project ACC/FAA
Best Practices, Airport Council (ACC)/Federal Aviation Administration
(FAA) (2008) 20 pp.
• Gorden, Christopher M., “Choosing Appropriate Construction Constructing
Method.” Journal of construction Engineering vol. 120, No.1 (March 1994)
pp 196-210.

21. References:
• Nicol,Cindy,ACRP Synthesis 1: Innovative Finance and Alternative Sources
of revenue for Airport, Transportation Research Board of the National
Academies Washington D.C (2007) 51pp
• Touran, Ali et al., ACRP Report 21: A Guidebook for Selecting Airport
Capital project Delivery Method, Transportation Research Board of the
National Academies Washington D.C.

22. References:
• Kroll, P. and Kruchten, Ph. (2004). The Rational Unified Process Made Easy: A
practitioner’s Guide to the RUP. Boston: Addison Wesley.
• McConnell, S. (1996). Rapid Development: Taming Wild Software Schedules.
Redmond, Washington: Microsoft Press.
• Stapleton, J. (2002). DSDM Dynamic Systems Development Method: De methode
in de praktijk. Schoonhoven: Academic Service.

23. References:
• Wijnen, G., Renes, W. and Storm, P. (2004). Projectmatig werken. Utrecht:
Het Spectrum
• Internet sources
• [i] Spolsky, J. (2000). Painless Functional Specifications – Part 1: Why Bother?
Referred to 31 May, 2006
http://www.joelonsoftware.com/articles/fog0000000036.html

24. References:
• Chromatic and Diaz, T. Apandi (Ed.) (2003). Extreme Programming Pocket
Guide. Sebastopol, CA: O’Reilly & Associates.
• Goldratt, E.M. (2002). De zwakste schakel. Utrecht: Het Spectrum.
• Kor, R. and Wijnen, G. (2002). 50 checklisten voor project- en
programmamanagement. Deventer: Kluwer.