Project identification involves determining possible solutions to problems based on factors like objectives, strengths, weaknesses, opportunities, and threats. The objectives of projects may include increasing profits, competitiveness, or providing disaster relief. Strengths can comprise experience, funding, and contacts, while weaknesses may be unfamiliar technologies, limited funding, or untrained staff. Opportunities exist through new technologies, markets, and incentives, but threats include competitors, economic conditions, outdated tools, and evolving offerings. Project identification analyzes these elements to uncover alternative project possibilities.

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• Outdated technology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