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MEANING, DEFINITION AND ITS CHARACTERSTICS NAME: AMIT DADWAL, ABHINANDAN DHIMAN ROLL NO. : 2 , 1 CLASS : MBA 2ND (A)
INTRODUCTION OF PROJECT MGT Project identification is the first stone to be laid down in setting up an enterprise. A project in simple words, is a plan or idea intended to be carried out. The success or failure of an enterprise depends on its identification of the project.
LIFE SPAN
SINGLE ENTITY TEAM WORK LIFE CYCLE UNIQENESS CHANGE PRONE
CUSTOMER
TYPES OF PROJECTS
Quantifiable projects: Non-quantifiable
The projects, where it is possible to make a quantative assessment of benefits, are called quantifiable projects like project concerned with industrial development, power generation, etc.
Projects: The projects where the assessment of benefits is not possible, the projects become non- quantfiable projects like project comprising health, education, welfare etc.
SECTORAL PROJECTS
Indian planning commission has made another classification of projects. According to this classification, a project may fall in any one of the following categories: 1. Agriculture sector. 2. Irrigation and power sector 3. Industry and mining sector 4. Transport and Communication sector 5. Social services sector 6. Miscellaneous sector
It categorize the project into capital intensive or Labor intensive. If large investment is made in plant and machinery, the project is called capital intensive. On the other hand if large labour is used than it will be labour intensive.
It
will classified the projects on the basis of size of investement involve in the projects. On the basis of this classification the project can be a large scale or small scale projects.
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