In this article we will discuss about various terms of contract of the project taken up by a company. Risks in Contract-Contractor Angle: Risk factor in contracts plagues both the contractor and contractee. In fact a contract is considered as an instrument for the transfer of risk from the contractee to the contractor. The risks a contractor faces normally for [...]
In this article we will discuss about:- 1. Reasons for Cost and Time Overruns 2. Methods to Avoid Cost and Time Overrun 3. Ways to Overcome 4. Weaknesses. Reasons for Cost and Time Overruns: It is a common problem in execution of the projects that the actual cost on the project would exceed than the estimated cost. Similarly, the project [...]
In this article we will discuss about:- 1. Initial Selection of Project Ideas 2. Pre-Investment Study (PIS) 3. Pre-Project Activities 4. SWOT Analysis 5. Market Appraisal 6. Sources of Data 7. Market Survey 8. Charts and Layouts in Technical Analysis. Initial Selection of Project Ideas: Before a project idea is considered for detailed study, the promoter must verify the following: [...]