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MANAGER’S WORLD
UNIT1 COURSE
CODE 6571
Tahira B. Naushahi
PROJECT
“Planned set of interrelated tasks to be
executed over a fixed period and within
certain cost and other limitations.”
(Business Dictionary)
“A non-routine, non-repetitive one-off
undertaking, normally with discrete time,
financial and technical performance
goals.”(Harrison, 1981)
PROJECT
A group of connected activities with a
definite starting point, a definite intelligence
to direct it. (Taylor and Watling, 1973)
Combination of human and non- human
resources pulled together in a temporary
organization to achieve a specific purpose.
(Cleland and King 1975)
TYPES OF PROJECTS
Simple projects
Complex projects
Short-term Projects
Long-term Projects
Pilot Projects
PROJECT MANAGEMENT CYCLE
Identification and formulation
Appraisal and Approval
Implementation
Completion and Closure
Ex-Post Evaluation
SOURCES OF PROBLEMS OF
PROJECT:
Optimistic Project Costing
Excessive Delays In Approval And
Implementation Of Projects
Unforeseen Situations
Mis-handling of Projects
Inflation
Unstable Currency Exchange Disparities
The policy environment
…………
Government administrative process
Inaccurate demand for costs
Technology and project design
Personnel administration
Procurement
............
Taking too narrow focus
Need to weight-up alternative
Ignoring the wishes of people
Need for manpower and training
Need for flexibility in project design and
management
Transfer of benefits to the target population
Need for better monitoring
BOTTLENECK IDENTIFIED BY
PLANNING COMMISSION
Unrealistic financing phasing of project and
programs
Uncertainty and inadequacy of events
Fluctuation in foreign exchange rate
Inflation and price escalation
Wrong assumption about price of inputs
Inappropriate planning and forecast of
procedure for loan negotiation
BOTTLENECK IDENTIFIED BY
PLANNING COMMISSION
Lack of expertise in conceiving and
preparation of developmental scheme on
realistic basis
Lack of cooperation between various
department and agencies
Creation of corporations having relatively
low experienced officers to manage them
Lack of delegation of financial power to
appropriate progress in monitoring fields
BOTTLENECK IDENTIFIED BY
PLANNING COMMISSION
To lack or even an absence of appropriate
progress in monitoring field
Approval of economically and financially non-
viable projects
Over staffing in certain projects
Wrong location of projects
Award of contract to non-deserving parts
BOTTLENECK IDENTIFIED BY
PLANNING COMMISSION
Shortage of appropriate manpower
Shortage of certain key inputs imported or
local
Unexpected events and incidents
Long term planning
Problem with in the project cycle
Inside project problem
Coordination
Location
Shifting
Power of delegation
Political pressure
Capacity potential of the project
Physical facilities
Community interest and involvement
Inflation