Management and Entrepreneurship for IT Industry

1. Module-4
Preparation of project

2. • Meaning of the project: there are various
definitions
• Characterstics of project:
There are four characterstics
-Investment
-Benefits or gains
-Time limits
-Location

3. Project classification:
• It can be classified into different ways
-Power generation
-Health &education
-Spectral project
i. agricultural & allied sector
ii. Irrigation & power sector
iii. Industry and monitoring sector
iv. Transport & communication sector
v. Social service sector
vi. Miscellious

4. • Techno-economic projects
-Factory intensity oriented
-Causation oriented
-Magnitude oriented
• Financial institution
-expansion projects
-modernisation
-diversification

5. • Service project
-welfare projects
-service projects
-research & development
-educational
• Project featyres
-Simplicity & clarity
-Attractive technology to promote the project

6. -Integration of basic product services specially
those of input supply, create , marketing and
extention
-Compatibility of the project within the existing
administrative mix.
• Phases of project management
-Identification
-Formulation

7. -Appraisl
-Selection
-Implementation
-Management
• Identification:
Project identification is concern with
collection, completion & analysis of economic
data for the actual purpose of locating
possible opportunities for investment & with
development of such opportunities.

8. • There are three kinds of opportunities:
1.Additive opportunities: which enable the
decision maker to better utilize the exsisting
resources without any way involving a change
in the character of business.
2.Complimintary opportunities: involves the
introduction of new ideas & as such to lead to
certain amount of change in existing structure.
3.Brakethrough opportunities: involves
fundamental changes invoke the structure &
character of business

9. •Criteria for selecting a particular project
-investment size
-location
-Technology
-Equipment
-Marketing
• Importance of project identification: the
following are the reasons:
-it acts as the catalytic agent for project
- initiates the process of development

10. -provides the frame work of future pattern of
activities & services of the enterprises
-initiates development of basic infrastructure 7
environment
-brings the necessary changes in the society in
course of time
-accelerates the process sociocultural
development

11. • Formulation: It is defined as taking first look
carefully critically at the project idea by an
enterprises to build up an all round beneficial
project after carefully arranging its various
components.
• Sequential stages of project formulation
-Feasibility analysis
-Techno economic
-Project design
-network analysis
-input analysis

12. -finiancial analysis
-cost & benefit analysis
-preinvestment analysis
• Planning commission guideliness for project
formulation:
-General information
-preliminary analysis of altrenatives
-project discription
-marketing plans
-capital requirement & cost
-operating requirement & cost
-financial analysis
-Economic analysis

13. • Need for network techniques
-PERT
-CPM
• Steps in PERT
-Advantages & limitations
-CPM advantages & limitations
-difference between PERT & CPM
• Project reprt
-Scope
i.Economic aspects
ii.Technical

14. iii.Financial
iv.Production
v.Managerial
• Contents of project report:
-objective & scope of report
-Market position & trends
-raw material
-manifracture
-plant&machinary
-land & building
-financial implication
-marketing channel
-personnel