This article throws light upon the five main phases involved in project life cycle. The phases are: 1. Project Identification Phase 2. Formulation Phase 3. Detailed Project Planning Phase 4. Project Implementation Phase 5. Project Hand Over Phase. Phase # 1. Project Identification: For the purpose of identifying the project, a study of various alternatives is necessary. To assess the [...]
After reading this article you will learn about:- 1. Meaning of Project 2. Feasibility of the Projects 3. Implementation. Meaning of Project: A project is a specific plan or design presented for consideration. UNIDO defines a project as a proposal for an investment to create and or develop certain facilities in order to increase the production of goods/services in [...]
This article throws light upon the top eleven appraisal and evaluation parameters for project. Some of the parameters are: 1. Basic Appraisal Parameters 2. General and Miscellaneous Appraisal Parameters 3. Project Appraisal under Normal, Inflationary and Deflationary Conditions 4. Macro and Micro Parameters in Project Selection 5. Market and Demand Analysis together with Analysis of Firm and Market Risk and [...]