PPT 8 Flashcards
Feasibility Analysis
Analysis of relevant factors including economic, technical, legal, and scheduling considerations to assess project success likelihood.
Techno-Economic Analysis
Analysis of optimal technology, plan, design, and demand projection to choose the best project approach.
Project Design and Network Analysis
Breakdown of projects into simple, logically sequenced activities for effective planning and analysis.
Network Analysis
A diagram depicting all activities (as arrows) and milestones (as nodes) from project start to completion. Connects activities logically.
CPM (Critical Path Method)
Network planning technique where activity durations are deterministic. Focuses on the shortest path and critical activities.
PERT (Program Evaluation & Review Technique)
Network planning technique with probabilistic activity durations. Uses three estimates: pessimistic (tp), optimistic (to), and most likely (tm).
PERT Expected Duration Formula
te = (to + 4tm + tp) / 6
Calculates the expected duration of an activity in PERT.
Analysis of Inputs
Identifies the nature and quantum of resources needed, ensuring affordable and continuous supply during project implementation.
Financial Analysis
Involves estimating project costs, operating costs, and fund requirements to compare different project proposals on a common scale.
Social Cost-Benefit Analysis
Considers broader social benefits like employment generation and societal impact, beyond profitability and cost.
Pre-Feasibility Study
Assesses market potential, investment magnitude, technical feasibility, financial analysis, and risk to help in proposal acceptance.
Detailed Feasibility Study Goals
Understand all project aspects, identify potential problems, and determine if the project is viable.
Areas of Detailed Feasibility Study
Technical, managerial, economic, financial, cultural, political, and environmental feasibility.
