Prof.

Parveen sultana

The smallest unit of investment activity to be considered in the case

of programming. WORLD BANK:- defined project as an approval for a capital investment to develop facilities to provide goods & service.

Project is an organized programme of activity carried out to reach a defined goal often of an non-recurring nature with a specified terminal point. It is a package of time bound , scheduled and assembled activities dedicated to the attainment of a specific objective of successful completion of a work on time and within the allotted budget.

Project is a one-shot , time tested goal directed major undertaking requiring the commitment of varied skills & resources. A project is a combination of human and non- human resource pulled together in a temporary organization to achieve a specified purpose. Project is a special activity on which money is spent in the expectation of returns. Project is an approval for a capital investment to develop facilities to provide goods & service. A project is an appraisal for investment with the definite aim of producing a flow of output over a specific period of time. Project is the whole complex of activities involved in using resource to gain benefits. Project is a scientifically evolved work plan devised to achieve a specific objective within a specified period of time. Project in the context of development activities is a kind of investment and it connects purposefulness size, location etc.

 Project

is a system involving coordination of number of interrelated activities to achieve a specific objective. A project is neither a physical objective nor is the end result. Project is an organized programme of activity carried out to reach a defined goal. Project is a package of time bound scheduled and assembled activities. Project has a mission or set of objectives. Project has life cycle of growth , maturity & delay. Project is customer specific. Project is a team work. Project achieve its purpose and provides satisfaction to user and stakeholder.

BCP

OBJECTIVE

SIZE
INTERNAL RATE OF RETURN SCHEME

SIZE BENEFIT

ORGANIZATION

UTILITY TO SOCIETY EMPLOYMENT GENERATION P R O J E C T ANCILLARY DEVELOPMENT AREA DEVELOPMENT INVESTMENT FLOW

INCOME GENERATION

SOCIAL BENEFITS

ENVIROMENT EFFECT

 Investment

pattern Benefits or gain Time limit Location

Quantifiable & non quantifiable projects:Quantifiable project :-quantitative assessment of benefits can be made. Non- quantifiable project:- assessment is not possible. Sectoral projects:- irrigation, power industry, mining service etc. Techno-economic project:Factor intensity oriented classification:-This project classified as capital intensive or labor intensive depending upon whether large scale investment in plant and machinery human resource involved. Causation oriented classification:- This project classified as demand based or raw materials based project depending on the non- availability of certain good & service etc are the dominant reason for starting of the project. Magnitude oriented classification:- classification of project as large medium small depends on the project investment. Financial institution classification :-All India and state financial institution classify the project according to their age and experience and the purpose for which the project is being taken up. They are as follows: (generally profit oriented.) 1. New project. 2. Expansion project 3. Modernization project 4. Diversification project

 Service

project:-service oriented project are classified 1.welfare project 2. service project 3. Research and development project 4. Educational project. Turnkey project:- single point responsibility . This responsibility are---time, performance parameters and project cost

Does Your yes Product have a global market? NO

Y E S

Have you checked international capacities?

Y E S

Is your project of matching scale? N O

NO

Have you assumed an import tariff of 10%?

Abort project

Redesign your project NO

Y E S

Start financing arrangement

Y E S

Have you set a target data within which global conditions will not change drastically?

Y E S

Is your project viable?

P.C

PROJECT CYCLE

IDENTIFICATION

FEEDBACK DIRECT AND INDIRECT

SUPERVISION FOLLOW-UP RECOVERY

PRE-SANCTION FOLLOW-UP

IMPLEMENTATION

APPRAISAL