Project Management


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Textbook:
Pages : 477; Paperback;
210 X 275 mm approx.


Workbook:
Pages : 321; Paperback;
210 X 275 mm approx,  Sample Applied Theory Questions
Sample Multiple Choice Questions (Online Quiz)

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Textbook Price: Rs. 900;
Workbook Price: Rs. 700;
Available only in INDIA

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Project Management Textbook | Workbook

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<< Chapter 5

Project Idea Generation and Screening : Chapter 6

SUMMARY: Project ideas are generated through different sources like customers, competitors, and employees. Sometimes they are discovered through accident. Project manager should try to enhance people's creativity, scan the entire business environment and appraise the company’s strengths and weaknesses to generate a large number of ideas. Techniques like attribute listing, brainstorming, and delphi technique are useful for improving the creativity at individual and group level.

The project managers should analyze the business environment that consists of the economic sector, the governmental sector, the technological sector, the socio-demographic sector, the competition sector and the supplier sector. Once a pool of ideas has been generated, the project manager should carefully screen them. The Project Rating Index method helps managers

eliminate poor ideas in the initial screening process. In the case of financial projects, the project manager should assess the NPV of project ideas.


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