Project Financing and Management

MBA-Finance

Project Financing an and Ma Management

UNIT – I PROJ PROJ ECT - INTROD INTRODUCTION Obje Obj ectives tivesoftheL of theLe esson: Afte Afterr goin going throu through gh this this unit unit,, you may be able able to Ø   Defin Definee a Projec Projectt Expl Explai ainn in detai detaill the the clas classi sifi fica cati tion on of Proj Projec ects ts,, Sub Sub - proj projec ects ts

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Structure Structureof of theL the L esson: 1.0 Introduction 1.1 Features of a Project 1.2 Operation and Project – Similarities 1.3 Operations and Projects – Comparison 1.4 Key Considerations in a Project Pro ject 1.5 Classi Classifica fication tion of Projects Projects,, Sub-Proj Sub-Projec ects ts 1.5.1 Types of Projects 1.5.2 Sub-projects Sub-projects

1.0I .0 I ntrodu ntroducction Organizations perform work continuously. These works include operations or   projects though some some works may overlap with with each other. For the organizations,  projects are important elemen e lements ts of o f change. They are considered to be the the lea leadi ding ng edge of change in organizations. A project consists of a combination of organizational resources pulled together to create something that did not previously exist and that will  prov  proviide a perf perform orman ance ce capa capabi bili lity ty in the the desi design gn and and exec executi ution on of organ organiz izati ation onal al strategies. Projects are conceptualized, designed, engineered and produced (or  con construc tructed) ted);; somet omethi hing ng is crea create tedd that that did did not prev previiousl ouslyy exis exist. t. An organizational strategy has been executed to facilitate the support of ongoing organizational life. Projects therefore support the ongoing activities of a going concern. For example, Unit – I

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