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Scientific Research An Academic Publisher.
- Project Planning a Step by Step Guide
- UNIT – I PROJECT PLANNING, ANALYSIS & MANAGEMENT
- ISBN 13: 9789339214043
Project Planning a Step by Step Guide
The book discusses key principles and techniques for evaluating capital expenditure proposals, as well as strategic, qualitative and organisational considerations impacting capital budgeting decisions. Further, it suggests ways of improving project appraisal and capital budgeting practices, and also describes and evaluates business practices in various areas. Written by a renowned finance educator Prasanna Chandra, the book in its eighth edition, has acquired vast readership among students and practitioners over a period of almost three and a half decades. He has about four decades of teaching experience in postgraduate and executive education programmes. He has been a consultant to many organizations.
Project management is the process of leading the work of a team to achieve goals and meet success criteria at a specified time. The primary challenge of project management is to achieve all of the project goals within the given constraints. The primary constraints are scope , time, budget. The objective of project management is to produce a complete project which complies with the client's objectives. In many cases the objective of project management is also to shape or reform the client's brief to feasibly address the client's objectives. Ill-defined or too tightly prescribed project management objectives are detrimental to decision making. A project is a temporary endeavor designed to produce a unique product, service, or result with a defined beginning and end usually time-constrained, and often constrained by funding or staffing undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.
UNIT – I PROJECT PLANNING, ANALYSIS & MANAGEMENT
Problems arise in every organization. These problems and their alternative solutions establish some elements of change around which the organization must adapt. Projects are generally established to carry out these changes and someone is always responsible for each project's successful completion. Every project is unique in terms of the problems that arise, the priorities and resources assigned it, the environment in which it operates, and the project manager's attitude and style used to guide and control project activities. Therefore, the organizational structure for the project must be designed to fit within that project's operating constraints. The organizational structure implemented may not be the same structure used throughout the life cycle of the project due to changes in priorities, available resource, project personnel, laws, and other contingencies. Regardless of the project management structure chosen, management must realize that a dynamic state of equilibrium between limited personnel and financial resources and the objectives of the project will be necessary if project management is to be successful in their particular organization.
ISBN 13: 9789339214043
He has nearly fi ve decades of teaching experience in postgraduate and executive education programmes. He was a professor of fi nance at Indian Institute of Management, Bangalore for nearly two decades. He has been a consultant to many organizations. Account Options Sign in. Top charts.
Language : English. This book covers the entire subject of capital budgeting, taking in all the various techniques and methods used.
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The key to a successful project is in the planning. Creating a project plan is the first thing you should do when undertaking any project. Often project planning is ignored in favour of getting on with the work. However, many people fail to realise the value of a project plan for saving time, money and many problems.
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