LESSON2-THEAPPRAISALANDSELECTIONOFPROJECTS.doc
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LESSON2-THEAPPRAISALANDSELECTIONOFPROJECTS.doc

LESSON2-THEAPPRAISALANDSELECTIONOFPROJECTS.doc

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往链科技www.WL566.com往链科技www.WL566.com往链点点通共享资源,了解更多请登录HYPERLINK"www.WL566.com"www.WL566.comMODULETITLE:PROJECTAPPRAISAL,PLANNING&CONTROL.LESSON2:THEAPPRAISALANDSELECTIONOFPROJECTS.INTRODUCTION.Projects,asyousawinlesson1,arenon-routineactivitieswhichareundertakentodeliveraspecificoutcome.Theynormallyhavedefinitestartandenddatesandoftenrequirescarceresources.Insomecasesseveralprojectsmightcompeteforthesamescarceresources.Someprojectscanhavepositiveimplicationsforsomepeoplewhilsthavingnegativeimplicationsforothers.Considerforexampleaprojecttoconstructareservoirtoprovideacontinuoussupplyofdrinkingwater.Thebenefitsappeartobeobvious.However,supposetheproposedsiteforthereservoirisinanareaofgreathistoricalsignificanceoroutstandingnaturalbeauty.Perhapsthefinishedreservoirwouldrequiretherelocationofpeoplefromlandtheyhaveoccupiedformanygenerations.Itmaybethattheresourcesrequiredaresuchthatplanstobuildamuchneededhospitalhavetobepostponed.Theremightevenbesomedoubtabouttherealneedforthereservoirorthesuitabilityofthesite.Finally,theremightbesomedoubtabouttheabilityorwillingnesstofinancetheproject.Itiseasytoseethattheimplicationsofprojectscanbeveryfarreachingindeed!Examplesofprojectssuchastheoneoutlinedabovearenotuncommon.Itisthereforeprudenttocarryoutaninitialassessmenttoensurethataprojectmakesthebestuseofresourcesandislikelytobesuccessfulinaddressingarealneed.Theresultofthisassessmentwillhelptodecidewhetherornottoproceedwiththeproject.Thislessonwillintroduceyoutotechniquesforcarryingouttheappraisal,comparisonandselectionofprojects.YOURAIMS.Oncompletionofthislessonyoushouldbeableto:Understandandoutlinetheimportanceandmainstagesofaprojectfeasibilitystudy.Understandandapplyarangeoffinancialmodelstotheappraisalandselectionofprojects.Developascoringapproachtotheappraisalandselectionofprojects.STUDYADVICE.Thislessonrequiresextensiveuseofchapters4and5ofthesetbook,ProjectManagementPlanningandControlTechniquesbyBurke.Themainadviceistoreadthelessonoutlineinconjunctionw