Project Generation & Selection Flashcards
1
Q
project generators (6)
A
- market demands
- customer demands
- business needs
- legal requirements
- technological advances
- social needs
2
Q
Pre-Assessment
A
- identification of business needs
- identification of ideas, alternatives and concepts
a) profile assessment
b) feasibility
3
Q
Assessment
A
preparation -information gathering
evaluation - objective to assess the viability of the project
4
Q
5 studies that must be carried out
A
- technical
- market
- financial
- organisational
- legal
5
Q
technical study
A
determines the physical and material requirements
6
Q
market study
A
if the market is sensitive to the product
7
Q
legal study
A
any legal restrictions
8
Q
organisational
A
determines the capabilities and capacity of the organization to carry out the project
9
Q
financial
A
determines the financial profitability
10
Q
overal evaluation
A
sensibility analysis
analysis and interpretation of results
11
Q
project selection methods qualitative (2)
A
- questionnaires
- matrix
12
Q
project selection methods quantitative (5)
A
- payback period
- discounted cash flow
- cost benefit analysis
- internal rate of return
- return of investment
