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Esbm 3

This document discusses various aspects of project planning, including defining a project, project characteristics, factors to consider for project selection, project lifecycles, classifications, and management. It notes that project planning is important for optimizing resources, meeting budgets and desired benefits. Key aspects of project planning include business strategy, competition, vision, involvement, and financial analysis of investment outlay, financing, profitability, cash flows, and investment worthiness.

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Hareesh Kumar Jain
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159 views14 pages

Esbm 3

This document discusses various aspects of project planning, including defining a project, project characteristics, factors to consider for project selection, project lifecycles, classifications, and management. It notes that project planning is important for optimizing resources, meeting budgets and desired benefits. Key aspects of project planning include business strategy, competition, vision, involvement, and financial analysis of investment outlay, financing, profitability, cash flows, and investment worthiness.

Uploaded by

Hareesh Kumar Jain
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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PROJECT

PLANNING  
PROJECT
 A project deals with three dimensions i.e..
Innovation, Vision and Risk. So, it is
something to be done in a viable
framework.
 According to Encyclopedia of
Management. "A project is an organized
unit dedicated to the attainment of a
goal”.
Characteristics of Project
 Investment Pattern
 Expected Return

 Time Limit

 Location
Factors to be considered for Project Selection

 Size of Investment
 Location

 Technology

 Equipments

 Marketing
Project Life Cycle

 Pre- investment Phase


 Construction Phase

 Normalization Phase
Project Classification
1.Quantifiable v/s Non-Quantifiable Projects
2. Sectorial Projects
 Agriculture and Allied Sector, Irrigation and Power

Sector, Industry and Mining Sector, Transport and


Communication Sector, Social Services Sector
3. Techno-Economic Projects
 Factor Intensity Oriented, Causation Oriented,
Magnitude Oriented
Project management
 Project management is the discipline of
planning, organizing and managing resources to
bring about the successful completion of specific
project goals and objectives. A project is a finite
endeavor undertaken to create a unique product
or service which brings about beneficial change
or added value.
Phases of Project Management
 1. Identification
 2. Formulation

 3. Appraisal

 4. Selection

 5. Implementation

 6.Management
Project planning
 Project planning is the most important aspect
of project preparation, it is all about thinking
deeply through a problem, examining all the
logical paths and writing down in a proper
logical sequence and time order, initially, the
project scope is defined and the appropriate
methods for completing the project are
determined.
The planning of a project should centralize
on:

 Optimizing the use of scarce resources.


 Optimization and better utilization of the

existing resources.
 It should be within the budgetary provision

of a financing institution.
 It should result in the desired benefits.
Important Factors for Project planning

 Business strategy
 Competition

 Realistic Vision

 Involvement of people in creating the

project plan
 Factual and brief project plan
Financial Analysis
 The objective of financial analysis is to
ascertain whether the proposed project
will be financially viable in the sense of
being able to meet the burden of servicing
debt, and whether the proposed project
will satisfy the return expectations of
those who provide the capital.
While conducting a financial appraisal certain
aspects has to be looked into like :

 Investment outlay and cost of project


 Means of financing

 Projected profitability

 Break-even point

 Cash flows of the project

 Investment worthiness judged in terms of

various criteria of merit


 Projected financial position.
 The commonly used methods for evaluating
and ranking the financial investment
proposals are as follows:-

 1. Urgency Method
 2. Pay-Back Period Method

 3. Rate of Return Method

 4. The Present Value Method

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