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SOCBLOCK2 > 1. Proj Devt And Mngt > Flashcards

1. Proj Devt And Mngt Flashcards

1
Q

Any undertaking that has a definite, final objectives representing specified values to be used i the satisfaction of some need or desire

A

PROJECT

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2
Q

The art of directing and coordinating human and material resources throughout the life of a project by using modern management techniques to achieve predetermined objectives of scope, cost, time, quality and participant satisfaction

A

PROJECT MANAGEMENT

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3
Q

It aims to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, oppurtunities and threats present in the environment, the resources required to carry through, and ultimately the prospects for success?

A

FEASIBILITY STUDIES

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4
Q

What are the criteria to judge feasibility?

A

Cost required and Value to be attained

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5
Q

What are the analysis/ study tools under the feasibility study

A 
Market Analysis
Technical Analysis
Environmental study
Financial analysis
Economic analysis
Administrative/ operational study
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6
Q

What are the considerations under Market Analysis?

A

Demand Analysis
Pricing
Marketing Program

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7
Q

Give 5 considerations under Technical Study?

A 
Alternatives
Manpower
Cost
Manufacturing process
Plant size
Machinery and equipment
Location
Plant layout
Building facilities
Raw materials and supplies
Utilities
Waste disposal
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8
Q

What are the considerations under Environmental Study?

A

Effect of the project on
Air
Land
Water

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9
Q

What are the considerations under Economic Analysis?

A

Contribution to total economy

Contribution to the sector

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10
Q

What are the considerations under Administrative/ operational study?

A 
External linkages
Internal structure
Political
Social
Legal
Management
Manpower
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11
Q

What are the challenges of the project development and management?

A 
Stakeholders involvement
Accountability
Vertical and horizontal communication
Bureaucratization
Adhocracy
Technocracy
Corruption
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SOCBLOCK2 (11 decks)

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