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Prepared by:
Jaypal Chavda
Nikit Rajani
Jay Raval
Dept. of Business Admin., Bhavnagar University,
Bhavnagar.
Guided by:
Madhuri Ma’am
SUBMITTED TO:
Project Management Process
Element Of Project Management
Classification Of Project
Project
Management
Process
Project management
• Project
Project is a group of unique,
interrelated activities that are planned
and executed in a certain sequence
create a unique product and services,
within in a specific time frame.
• According to PMI,
A guide to the project
management body of knowledge , a
project is define as, “a temporary
endeavor undertaken to create a
unique product or services.”
Project management
A Project management is the
discipline of planning, organizing and
managing resources to bring abut the
completion of specific project goals
and objectives.
Definition of Project
management
According to PMI, “Project
management is the application of
knowledge, skills, techniques to
project activities in order to meet or
exceed stakeholder needs and
expectations.”
Project management process
Process of Project
management1. Initiation process
2. Planning process
• Core process
• Facilitating process
3. Implementation process
A. Core process
B. Facilitating process
• Quality assurance
• Team development
• Information distribution
• Solicitation
• Vendor selection
• Contract administration
4. Controlling process
5. Closing process
A good project team can be the
key to a successful project!
Elements of project management
1. Identification project
2. Technical & financial appraisal of the project
3. Economic or socio-economic appraisal of the
project.
• Prepare cost/benefits analysis
• Prepare report
4. Proper formulation of project
5. Plan for implementation of the project
6. Monitoring the implementation
7. Feedback and revision of objectives
8. Control action
9. Government regulation
Elements of project management
10.Manage staff
11.Manage client relationship
12.Evaluation
Elements of project management
CLASSIFICATION
OF
PROJECT
National project
It just as Indian companies or Govt. invite
collaboration from foreign country
companies to step up plan in India.
International Project
 The project set up by large industrial
houses or government undertaking in
other countries are known as
international projects.
• Solar project
• Educational project
• Irrigation project
Non Industrial Project
Industrial Project
Wind farm project by
Suzlon
Project based on technology
• High technology
• Conventional technology
• Low technology
Project based on high technology
Project based on conventional
technology
Project based on low technology
Project based on size
• Large scale project
• Medium scale project
• Small scale project
LARGE
PROJECT
LOW
PROJECT
MEDIUM
PROJECT
Project Based On Ownership
• Public Sector
• Private sector project
• Joint Sector Project
Public Sector
Project
Private Sector
Project
Joint Sector
Project
Ghogha-Dahej roll-on roll-off
(RoRo) ferry service project
Infrastructure project
Need based projects
• Modernization project
• Expansion project
• Replacement project
• Diversification project
• Plant relocation project
It is undertaken with the
objective of improvement
in plant process by new
techniques.
To remain competitive and
produce at reasonable
price, the company can not
afford to continue with
obsolete technology
Modernization project
Expansion project
Konaseema
Gas
Power plans
Replacement project
Oil and Natural Gas Corporation
Diversification project
Plant relocation project
Jay Raval
• Thankur’s MBA 2nd semester edition about
project management
• http://en.wikipedia.org/wiki/Project_managemen
t_process
• http://www.moneycontrol.com/stocksmarketsind
ia/
Bibliography

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Project management