PROJECT IDENTIFICATION

 Selection of Product
 Sources of Project Ideas
 Idea and Information Sources
 Books
 Periodicals and Technical Reports
 Directories
 Other Literature Sources
 People as Idea and Information Sources
 Colleagues
 Consultants
 Vendors
 Customers
 Friends/family
 Organizations as Idea and Information
Sources
 Government
 Non-profit laboratories and associations
 Professional Organizations
 Other Idea and Information Sources:
 Nature
 Patents
 Analogy
Phases of a Project Mgmt
Identification

Formulation

Appraisal

Selection

Implementation

Management
Factors to be considered for
Product Selection
 Performance of existing industries
 Availability of raw material
 Availability of skilled labor
 Import / export statistics
 Price trend
 Data from various sources
 Research laboratories
 Consumption abroad
 Plan outlays & govt. guidelines
 Analysis of economic and social trends
 Reviving sick units
Criteria for selecting a particular
Project
☀ Investment
☀ Size
☀ Location
☀ Technology
☀ Equipment
☀ Marketing
Identifying and Selecting
Projects
 Sources of Project Ideas
1. Management and business units
2. Managers who want to make a system
more efficient
3. Formal planning groups
Identifying and Selecting
Projects
1. Projects are identified by
 Top management
 Steering committee
 User departments
 Development group or senior staff
 Top-Down Identification
 Senior management or steering committee
 Focus is on global needs of organization
Identifying and Selecting
Projects
 Bottom-Up Identification
 Business unit or IS group
 Don’t reflect overall goals of the organization

2. Classify and rank the Projects

 Identifying and Selecting
Projects
3. Selecting projects
 Factors:
 Perceived needs of the organization
 Existing systems and ongoing projects
 Resources available
 Evaluation criteria
 Current business conditions
 Perspectives of the decision makers

3.12
3.13
Identifying and Selecting
Projects
 Deliverables and Outcomes
 Baseline Project Plan (BPP)
 Scope
 Benefits
 Costs
 Risks
 Resources
 Statement of Work (SOW)
 Describes deliverables
 Outlines work needed to be performed
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