1. Prepared by:
Jaypal Chavda
Nikit Rajani
Jay Raval
Dept. of Business Admin., Bhavnagar University,
Bhavnagar.
Guided by:
Madhuri Ma’am
SUBMITTED TO:
Project Management Process
Element Of Project Management
Classification Of Project
3. Project management
• Project
Project is a group of unique,
interrelated activities that are planned
and executed in a certain sequence
create a unique product and services,
within in a specific time frame.
4. • According to PMI,
A guide to the project
management body of knowledge , a
project is define as, “a temporary
endeavor undertaken to create a
unique product or services.”
5. Project management
A Project management is the
discipline of planning, organizing and
managing resources to bring abut the
completion of specific project goals
and objectives.
6. Definition of Project
management
According to PMI, “Project
management is the application of
knowledge, skills, techniques to
project activities in order to meet or
exceed stakeholder needs and
expectations.”
9. 3. Implementation process
A. Core process
B. Facilitating process
• Quality assurance
• Team development
• Information distribution
• Solicitation
• Vendor selection
• Contract administration
11. A good project team can be the
key to a successful project!
12. Elements of project management
1. Identification project
2. Technical & financial appraisal of the project
3. Economic or socio-economic appraisal of the
project.
• Prepare cost/benefits analysis
• Prepare report
13. 4. Proper formulation of project
5. Plan for implementation of the project
6. Monitoring the implementation
7. Feedback and revision of objectives
8. Control action
9. Government regulation
Elements of project management
16. National project
It just as Indian companies or Govt. invite
collaboration from foreign country
companies to step up plan in India.
17. International Project
The project set up by large industrial
houses or government undertaking in
other countries are known as
international projects.
18. • Solar project
• Educational project
• Irrigation project
Non Industrial Project
29. Need based projects
• Modernization project
• Expansion project
• Replacement project
• Diversification project
• Plant relocation project
30. It is undertaken with the
objective of improvement
in plant process by new
techniques.
To remain competitive and
produce at reasonable
price, the company can not
afford to continue with
obsolete technology
Modernization project