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4 & 5 CLASS OF PROJECT MANAGEMENT (FINANCIAL BREAKUP (JUICE FOR…
4 & 5 CLASS OF PROJECT MANAGEMENT
4:PERFORMANCE
AND CONTROL
QUALITY DELIVERABLE
EFFORT AND COST TRACKING
OBJECTIVES
PERFORMANCE
3;LAUNCH AND
EXECUTION
KPIS
QUALITY
STATUS AND TRACKING
FORECAST
5:PROJECT CLOSE
COMPLETE PROCUREMENT CLOSER
GAIN FORMAL ACCEPTANCE
CONFIRM WORK IS DONE AS PER REQUIREMENTS
COMPLETE FINAL PERFORMANCE REPORT
1:CONCEPTION AND
INITIATION
CONCEPTION
LEGAL FRAMEWORK
ETHICAL FRAMEWORK
MORAL FRAMEWORK
INITIATION
IT INVOLVES STARTING UP A NEW PROJECT BY DEFINING ITS OBJECTIVE, SCOPE, PURPOSE DELIVERABLE TO BE PRODUCED
2:DEFINITION AND
PLANNING
IT INVOLVES CREATING OF A SET OF PLANS
ESTABLISH YOUR OBJECTIVE
DETERMINE YOUR INVESTMENT
EVALUATE INVESTMENT
CHOOSE AN APPROPRIATE
INVESTMENT
EXAMINE THE PLAN
METHODOLOGY
TECHNOLOGY METHODOLOGY
RELATED TO PRODUCT
MARKETING METHODOLOGY
HOW TO COMMERCIALIZE YOUR PRODUCT AND IT MORE IMPORTANT THAN TECHNICAL
IMPACT
PROFIT
TYPES
PROFIT FOR
MORE SALES
ONLY FOR PERSONAL
BENEFIT
ECONOMIC
SOCIAL BENEFITS
TYPES OF MARKETING
STRATEGY
FOR EVERY ONE
ALL SOCIETY
ALSO HAVE WELFARE ELEMENT
REVENUE= DECREASE IN PRICE
AND INCREASE IN QUALITY
SIMILARITY INDEX
THE PRODUCT WE ARE MAKING IS HOW MUCH SIMILAR AND DIFFERENT FROM COMPETITORS PRODUCT
TARGET MARKET
REVENUE= INCREASE IN PRICE
AND DECREASE IN QUALITY
FOR UPPER SOCIETY
FINANCIAL BREAKUP
JUICE FOR REFRESHMENTt 500(4.5%)
STARTER 500(4.5%)
PRESENT FLOWER BOUQUET AT ARRIVAL 500(4.5%)
TRANSPORTATION AND CLUBE CHARGES 3000(45%)
GUEST COST JUSTIFICATION
MEAL MENU 5000(45%)
GIFT 1000(4,5%)
KASHMIRI TEA 500(4.5%)
PROJECT TANTATIVE COST 11000
BUDGET ANALYSIS
(11000 IS TOO MUCH WE WILL NOT
SPENDING 11000 WE ARE DECIDED
TO SPEND 3000
PRICE VS UTILITY
OPTION 1:P>U IS NOT GOOD
(CUT PRICES TO JUSTIFIEDECONOMICALLY
COST CUTTING
P1 11000 3000 CLUBE
500 SELF FINANCING
P2 8000 3000 MEAL
P4 3500 1000 GIFT
P3 5000 500 JUICE
P=U CONSTANT SITUATION
P<U IT IS BETTER (OPTIMIZATION RESOURCES)
OPTION 2: BREAK UP OF UTILITY
PER HEAD COST
OPTION 2: 3000/4=750
OPTION 3: 4000/4=1000
OPTION 1:11,000/4=2750
UTILITY COMPARATIVE ANALYSIS
SOCIAL IMPACT / SCOPE
ENVIRONMENTAL IMPACT / SCOPE
POLITICAL IMPACT / SCOPE
FINANCIAL IMPACT / SCOPE
METHODOLOGY DEPEND ON
COSTING ANDBUDGETING
PRODUCT IMAGE
BRANDING
ORGANIZE YOUR BUSINESS BASED ON THIS PROMISE
COMMUNICATE YOUR PROMISE
DEFINE HOW YOU WANT TO BE PERCEIVED
BE CONSISTENT
STATUS SYMBOL
SOCIAL IMPACT
TATA MANO PRODUCED FOR WELFARE OF THE SOCIETY
ROYAL FLY COMPANY PRODUCE THEIR PRODUCT FOR
UPPER CLASS ONLY
PROPOSE BUDGET(IMPORTANT
FOR ANYPROJECT)
SCOPE AND BUDGET REACH TO CUSTOMER
FINANCIAL SCOPE
ENVIRONMENT SCOPE
MORE WELFARE MORE SCOPE TO
REDUCE FINANCIALEXPENSES
PROJECT CHARTER &
PROJECT INFLATION
PROPER DOCUMENTATION
PROCESS ORGANIZATION
PROCESS REVIEW
OUTPUTS AND INPUTS
PROCESS BOUNDRIES
PROCESS NAME
PROCESS ROLES
IDEA
PHASES OF
PROJECT MANAGEMENT
LAUNCH & EXECUTION
PERFORMANCE & CONTROL
PROJECT CLOSE
CONCEPTION &INITIATION
DEFINITION & PLANNIMNG