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Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
Initiation
Planning
Implementation
Closure
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
Project Pre-Feasibility
Project Charter
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
Limitations of the Project Initiation Phase In the project initiation phase, a typical and serious limitation is the lack of available of quality information which exists about the project especially for complex projects and projects of a kind which have not been attempted before. At initiation a project s feasibility, outcomes, scope, requirements and specifications, cost, time and risks, stakeholders, resource needs etc. are often not known with a high degree of precision with the result that the project may take longer, cost more and generally be more diffcult to do than first thought when it was considered and accepted.
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan 5
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
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Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
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A Pre-Feasibility Study is done with the purpose of determining whether or not it is worthwhile to proceed with a detailed Feasibility Study of a project. Pre-Feasibility Studies have exploratory framework character but sometimes they evolve into full-fledged Feasibility Studies. Pre-Feasibility Reports are usually of a (comparatively) short length and duration than Feasibility Reports which analyze a project in great detail.
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan 17
A Feasibility Study is done with the purpose of determining whether or not it a project should be undertaken. A formal study is typically performed on large, complex projects. Feasibility Studies can be regarded as projects in their own right and are usually undertaken by experienced consultants. Feasibility studies can be very detailed and explicit, spanning volumes in some cases. They look at alternative solutions and come up with the best possible one.
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan 19
A Feasibility Study examines at diverse issues, including the project s technical feasibility, its financial viability, its social desirability and legal acceptability. On infrastructure projects a Feasibility Study may assess the project s ecological consequences and impact on archeological and cultural assets. The Feasibility Report can contain a lot of useful information for the project planning phase. Feasibility Reports may sometimes generate erroneous results which can cause serious problems for projects.
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan 20
Karnataka State Highways Improvement Project Hotel Development in Isle of Wight County, VA, USA
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
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The Project Preliminary Scope Statement provides an indication of the project deliverables and serves as a guide for developing the detailed project scope statement and for planning the project.
Project Organization Project Cost and Schedule Configuration Project Approval Requirements Project Acceptance Criteria
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
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Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan
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Project Charter According to the Project Management Institute, the Project Charter is the document that formally authori-zes the project . The Project Charter provides the Project Manager and Project Team with the authority to use resources for the purpose of undertaking the project. The Project Charter is usually short and is issued by the Project Sponsor or a senior official outside the level of the project organization. Some Project Charters contain brief general information about the project; others may contain specific details.
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan 24
Project Charter Information contained in or referred to in other project documents the Project Charter may span the following:
Project Background Purpose for undertaking the project Project Justification Requirements Stakeholder expectations from the project Assumptions and Constraints Project Organization Stakeholder Roles and Responsibilities Schedule and milestones Indication of budget Supporting infrastructure
Assistant Professor Dr. Aurangzeb Zulfiqar Khan Department of Management Sciences, COMSATS Institute of Information Technology, Islamabad, Pakistan 25