17
PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT

PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

  • Upload
    aseem1

  • View
    3.469

  • Download
    1

Embed Size (px)

DESCRIPTION

PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

Citation preview

Page 1: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT

Page 2: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

Successful implementation of the project lies on effective project plan. Based on the anticipated goals and objectives the project planning to be made

Page 3: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

The crux of the project lies in the problem formulation process. The project team should have detailed understanding of the problem, scope, intervention areas and the out come of the project to be hypothesized.

Page 4: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

Project planning: can be defined as

* A scientific and systematic process, in which

* Logical linkages are clearly established, among

* Various element of projects

Page 5: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

The project budgeting phase is in the project formulation phase. Two types of budgets are to be made. The prior one is the cost category budget (materials, administration, capital; expenditures etc) and the later is the activity budget. This project budget is to calculate the cost of each project output

Page 6: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

1. Management Appraisal 2. Technical Feasibility 3. Financial feasibility 4. Commercial Appraisal 6. Environmental Analysis 5. Economic Appraisal

Page 7: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

+ ADEQUATE FORMULATION1 Cursory assessment of input requirement2 Superficial field investigation3 Slip- shod method used for estimating cost and

benefits.4 Omission of project linkages5 Flawed judgment because of lack of experience and

expertise 6 Deliberate over -estimation of benefits and

underestimation of benefits.

Page 8: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

1 It is led by a competent leader who is accountable for project performance

2 The authority of the project leader and his team is commensurate with their responsibility.

3 Adequate attention is given to the human side of the project system and method is clearly defined.

Page 9: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

1 Develop a comprehensive plan for various activities like land acquisition, tender evaluation, recruitment of personnel , construction of building etc.

2 Estimate meticulously the resource requirement (manpower, materials, money etc.) For each period to realize the time plan.

3 Define properly the inter linkages between activities of the project.

4 Specify cost standards.

Page 10: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

When the project appears prima facie to be viable and desirable, advance action on the following activities may be initiated:

(i)acquisition of land. (ii) securing essential clearances,

(iii) identifying technical collaborators/ consultants,

(iv )arranging for infrastructure facilities, (v) preliminary design and engineering, and (vi) calling of tenders

Page 11: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

Once a project is approved, adequate funds must be made available to meet its requirements as per the plan of implementation- it would be highly desirable if funds are provided even before the final approval to initiate advance action. Piecemeal, ad-hoc, and niggardly allocation, with undue rigidities, can impair the maneuverability of the project team.

Page 12: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

1. To minimize time over-runs, it may appear that a turnkey contract has obvious advantages. Since these contracts are likely to be bagged by the foreign suppliers, when global tenders are floated, a very important question arises.

2. A judicious balance must be sought which moderates the outflow of foreign exchange and provides reasonable fillip to the development of indigenous technology.

Page 13: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

The competence and capability of all contractors must be ensured one weak link can jeopardize the timely performance of contract.

Proper discipline must be inculcated among contractors and suppliers by insisting that they should develop realistic and detailed resource and time plans which are congruent with the project plan.

Penalties which may be graduated must be imposed for failure to meet contractual obligations. Likewise incentives may be offered for good performance.

Page 14: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

Help should be extended to contractors and suppliers when they have genuine problems they should be regarded as partners in common pursuit.

Project authorities must retain latitude o offload contracts(partially or wholly)to other parties well in time where delays are anticipated.

Page 15: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

In order to keep a tab on the progress of the project, a system of monitoring must be established. this helps in:

Anticipating deviation from implementation plan. Analyzing immerging problem. Taking corrective action.

Page 16: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

It should focus sharply on the critical aspect of project implementation

It must lay more emphasis on physical milestones and not on financial targets.

It must be kept relatively simple. If made over complicated, it may lead to redundant paperwork and diversion of resources. Even worse, monitoring may be viewed as an end in itself rather than as a means to implement the project successfully.

Page 17: PRE-REQUISITES FOR SUCCESSFUL IMPLEMENTATION OF PROJECT-

Thank you !