After reading this article you will learn about:- 1. Meaning of Project 2. Types of Projects 3. Organisation 4. Cost Estimating and Budgeting 5. Planning and Scheduling 6. Controlling Progress and Costs. Meaning of Project: If there is one single quality which sets a project apart from routine commercial or industrial operations, it is its novelty. No two projects are [...]
Installing a project passes through different phases depending upon the type type of project. For the purpose of study let us consider that a project passes through following phases: 1. Project Identification 2. Project Preparation or Formulation 3. Project Appraisal 4. Negotiations 5. Project Approval 6. Project Planning 7. Project Implementation. Phase # 1. Project Identification: First phase of the [...]
This article will help in planning the project for the students as well as to the engineers who want to start the new industries and will facilitate in formulating the correct approach to take up the job for project planning. Before starting any project, its planning is done. Planning a project is a very important task and should be taken [...]