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This lecture is part of lecture series on subject of Project Management at Tezpur University Gate. Instructor name is Rajkumari Vishaka. It includes: Generation, Screening, Project, Ideas, Environment, Corporate, Appraisal, Preliminary, Sources, Entrepreneur
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Stimulating the flow of ideas SWOT analysis Clear articulation of objectives Cost reduction Productivity improvement Increase in capacity utilization Improve in contribution margin Expansion into promising fields Fostering a conducive work environment
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Marketing and distribution Production and Operations Research and development Corporate resources and personnel Financing and accounting
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Five basic competitive forces Threat of new entrants Rivalry among existing firms Pressure from substitute products Bargaining power of buyers Bargaining power of sellers
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Analyze the performance of existing industries Examine the inputs and outputs of various industries Review imports and exports Study plan outlays and government guidelines Look at suggestions of financial institutions and development agencies Investigate local materials and resources Analyze economic and social trends
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Study new technological developments Draw clues from consumption/trends abroad Explore the possibility of reviving sick units Identify unfulfilled psychological needs Attend trade fairs Stimulate creativity for generating new product ideas Hope that the chance factor will favor you
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Construction of a Rating Index Identify factors relevant for project rating Assign weights to these factors Rate the project proposal on various factors (using a 5 or 7- point scale) For each factor, multiply the factor rating with the factor weight to get the factor score Add all the factor scores to get the overall project rating index
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Economies of scale Product differentiation Cost advantage Marketing reach Technological edge Government policy
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Willingness to make sacrifices Leadership Decisiveness Confidence in the project Marketing orientation Strong ego
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